The group's core e-commerce business continues to grow post-pandemic.
The group's core e-commerce business continues to grow post-pandemic.
This year’s biggest winners may have been China’s uber-wealthy business leaders, who amassed an astonishing amount of wealth despite the global pandemic. Many of them have fashion to thank for part of their fortunes.
This year’s biggest winners may have been China’s uber-wealthy business leaders, who amassed an astonishing amount of wealth despite the global pandemic. Many of them have fashion to thank for part of their fortunes.
Choosing the epicentre of China’s coronavirus outbreak to debut the brand’s latest travelling exhibition may raise eyebrows but it’s also a very smart move that reveals a lot about the luxury industry’s post-pandemic playbook.
Choosing the epicentre of China’s coronavirus outbreak to debut the brand’s latest travelling exhibition may raise eyebrows but it’s also a very smart move that reveals a lot about the luxury industry’s post-pandemic playbook.
BoF breaks down the consumer and tech trends luxury brands need to know to maximize their Singles' Day strategies this year.
BoF breaks down the consumer and tech trends luxury brands need to know to maximize their Singles' Day strategies this year.
As this year’s Singles’ Day festival approaches, video apps like Douyin and Kuaishou have joined the throng of tech companies jostling to steal a slice of market share from giants like Tmall and JD.com.
As this year’s Singles’ Day festival approaches, video apps like Douyin and Kuaishou have joined the throng of tech companies jostling to steal a slice of market share from giants like Tmall and JD.com.
This season, labels relied on a variety of tactics to activate the world’s largest luxury market.
This season, labels relied on a variety of tactics to activate the world’s largest luxury market.
China’s fashion capital will be the first to completely return to live, physical shows but insiders concede it’s not quite ‘business as usual.’
China’s fashion capital will be the first to completely return to live, physical shows but insiders concede it’s not quite ‘business as usual.’
The decline in international travel has hit duty free retail hard this year, but sales to domestic travellers in China with nowhere else to go are booming in places like Hainan.
The decline in international travel has hit duty free retail hard this year, but sales to domestic travellers in China with nowhere else to go are booming in places like Hainan.
A global pandemic is bad news for any number of businesses, but for Chinese daigou agents, strict travel limits and tighter regulations are putting the future of their entire industry at risk.
A global pandemic is bad news for any number of businesses, but for Chinese daigou agents, strict travel limits and tighter regulations are putting the future of their entire industry at risk.
The country’s media players share many of their Western counterparts’ struggles, but their rapid adoption of digital shifts provides valuable lessons.
The country’s media players share many of their Western counterparts’ struggles, but their rapid adoption of digital shifts provides valuable lessons.
Fashion brands caught in the crossfire are doing what they can to avoid the worst possible outcomes from the escalating US-China conflict but it will be virtually impossible to emerge unscathed.
Fashion brands caught in the crossfire are doing what they can to avoid the worst possible outcomes from the escalating US-China conflict but it will be virtually impossible to emerge unscathed.
While consolidation continues in China’s department store sector, the pandemic hasn’t dramatically hastened store closures and bankruptcies the way it has in the US. What’s their secret?
While consolidation continues in China’s department store sector, the pandemic hasn’t dramatically hastened store closures and bankruptcies the way it has in the US. What’s their secret?
The ultra-fast fashion retailer plans to invest over $1.45 billion into intelligent supply chain systems in Southern China in a bid to reinforce ties with Beijing as it deals with mounting challenges.
China will provide nearly $9 billion to subsidise its consumer goods trade-in drive next year, extending a stimulus program aimed at shoring up domestic demand and countering external headwinds.
China’s consumer prices unexpectedly increased in October, as holidays during the month boosted travel, food and transport demand.
China Tourism Group Duty Free Corp. shares rose as much as 28 percent in Hong Kong and Hainan Haiqi Transportation Group Co. surged by the 10 percent daily limit on the mainland.
The country's luxury market declined by 18 to 20 percent in 2024 but should move out of negative territory this year, according to consultancy Bain and Company’s latest report.
The Shanghai-listed company, which shares an owner with Lanvin Group, may seek to raise more than $300 million in an offering, Bloomberg reported citing unnamed sources.
The country's commerce ministry said it plans to summon the Calvin Klein and Tommy Hilfiger owner in the near future, without elaborating on its allegations.
Shoppers visiting Hainan, known for its glitzy seafront hotels and sandy beaches, spent 30.94 billion yuan ($4.24 billion) on duty-free goods in 2024, local customs data showed on Thursday, falling 29.3 percent from a year earlier.