“…Additionally, we discovered that fashion companies are growing into lifestyle brands that incorporate various industries through mergers and acquisitions [ [94] , [95] , [96] , 109 ]. Conversely, real estate investment development diminished due to the long-term consumption slump [ 137 ], while the global businesses of fashion companies have suffered from falling export prices and production slowdowns [ 138 ]. Furthermore, active investment in the Chinese market is gradually declining due to trademark infringement lawsuits [ 140 ].…”