Several electronics vendors announced iPhone markdowns following mass discounts in January just before Apple reported sinking sales in China.
Several electronics vendors announced iPhone markdowns following mass discounts in January just before Apple reported sinking sales in China.
The Chinese e-commerce giant has launched store Joybuy on Google Express, which marks the latest development as the companies aim to take on respective rivals Alibaba and Amazon.
The Chinese e-commerce giant has launched store Joybuy on Google Express, which marks the latest development as the companies aim to take on respective rivals Alibaba and Amazon.
The plan comes as the value of China's sportswear market is set to grow to $58 billion in 2023 from $40 billion last year.
The plan comes as the value of China's sportswear market is set to grow to $58 billion in 2023 from $40 billion last year.
China's second largest e-commerce firm beat analyst estimates on the back of stronger online retail sales, posting 134.83 billion yuan ($20.17 billion) total net revenue in fourth quarter.
China's second largest e-commerce firm beat analyst estimates on the back of stronger online retail sales, posting 134.83 billion yuan ($20.17 billion) total net revenue in fourth quarter.
At next month’s gathering of Chinese and global industry leaders, founders, rule-breakers and pioneers will take centre stage.
At next month’s gathering of Chinese and global industry leaders, founders, rule-breakers and pioneers will take centre stage.
Six designer finalists will compete next month during Shanghai Fashion Week, with the winner gaining a cash prize of $100,000, BoF community mentorship and a show at London Fashion Week in September.
Six designer finalists will compete next month during Shanghai Fashion Week, with the winner gaining a cash prize of $100,000, BoF community mentorship and a show at London Fashion Week in September.
Retailers using the latest 5G technology in markets like China will be poised to benefit from new efficiencies and pioneer new experiences. Read China Decoded to make sense of the market.
Retailers using the latest 5G technology in markets like China will be poised to benefit from new efficiencies and pioneer new experiences. Read China Decoded to make sense of the market.
The Europe-focused clothing retailer reported a net loss of $2.25 million and revenue slid $1.62 million amid changes in consumer behaviour, price competition and reduced customer traffic.
The Europe-focused clothing retailer reported a net loss of $2.25 million and revenue slid $1.62 million amid changes in consumer behaviour, price competition and reduced customer traffic.
With US sales — almost all through Amazon — accounting for 70 percent of total revenue, Kevin Chiu's Orolay puffer jacket is now an unexpected rival to premium brand Canada Goose.
With US sales — almost all through Amazon — accounting for 70 percent of total revenue, Kevin Chiu's Orolay puffer jacket is now an unexpected rival to premium brand Canada Goose.
This week, we meet BoF Professional member Fanny Moizant, co-founder and president of Vestiaire Collective.
This week, we meet BoF Professional member Fanny Moizant, co-founder and president of Vestiaire Collective.
The success of recent Chinese marketing campaigns targeting female gamers suggests that fashion and beauty brands have underestimated the channel’s potential. Read China Decoded to make sense of the market.
The success of recent Chinese marketing campaigns targeting female gamers suggests that fashion and beauty brands have underestimated the channel’s potential. Read China Decoded to make sense of the market.
Widening losses in the US and Europe and a company supply shortage caused a 29 percent slide in fourth-quarter operating profit, despite an 8.9 percent rise in 2018 sales.
Widening losses in the US and Europe and a company supply shortage caused a 29 percent slide in fourth-quarter operating profit, despite an 8.9 percent rise in 2018 sales.
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.