The Spring/Summer 2025 (SS25) China Fashion Week wrapped up in Beijing on Friday night with multiple award winners unveiled at the closing ceremony.
The Top Award for the 28th China Fashion Week, the Best Menswear Fashion Designer, the Best Womenswear Fashion Designer, and the 30th Top Ten Fashion Designers in China were announced at the closing ceremony.
The fashion week, which started on Sept 3, has attracted around 260 brands and more than 400 designers from several countries including the United States, Russia, Austria and Vietnam.
Over 160 fashion events were held during the fashion week, with the latest trends in menswear, womenswear, and a whole catalog of other eye-catching items on display at a series of special shows, fashion contests, and business exhibitions.
China Fashion Week is an important platform for designers from China and abroad to showcase their latest innovations and engage in a range of cultural and artistic exchanges.
Since its launch in 1997, it has moved in tandem with the development of China's fashion industry, bridging gaps between local designers and international markets for well over two decades.
China Fashion Week wraps up in Beijing with award winners unveiled
U.S. stocks ended lower on Wednesday, after the Federal Reserve announced a 0.5-percentage-point interest rate cut.
The Dow Jones Industrial Average fell 103.08 points, or 0.25 percent, to 41,503.1. The Standard and Poor's 500 sank 16.32 points, or 0.29 percent, to 5,618.26. The Nasdaq Composite Index shed 54.76 points, or 0.31 percent, to 17,573.3.
Nine of the 11 primary Standard and Poor's 500 sectors ended in red, with utilities and technology leading the laggards by losing 0.77 percent and 0.51 percent, respectively. Meanwhile, energy and communication services led the gainers by rising 0.25 percent and 0.02 percent, respectively.
The U.S. Fed cut interest rates by 50 basis points on Wednesday, bringing the benchmark rate to a range of 4.75 percent to 5 percent, the first rate cut in four years.
In its policy statement, the Fed said that the decision reflected "greater confidence that inflation is moving sustainably towards two percent" and that the central bank "judges that the risks to achieving its employment and inflation goals are roughly in balance."
Following the cut on Wednesday, U.S. stocks experienced volatile trading, swinging between gains and losses throughout the session.
US stocks close lower on Wednesday following Fed rate cut
