Chow Tai Fook’s profit increased for a second consecutive six-month period as demand for gold products lifted sales.
Chow Tai Fook’s profit increased for a second consecutive six-month period as demand for gold products lifted sales.
Despite visa issues, the annual runway show spectacle took place on Monday in Shanghai.
Despite visa issues, the annual runway show spectacle took place on Monday in Shanghai.
Over 1.3 billion deals were transacted on Singles' Day, resulting in an estimated 160,000 tonnes of packing waste.
Over 1.3 billion deals were transacted on Singles' Day, resulting in an estimated 160,000 tonnes of packing waste.
The result is a boon for the Chinese e-commerce company, which is rapidly broadening its portfolio beyond its traditional strength in consumer electronics as it pursues an asset-heavy vision for online retail.
The result is a boon for the Chinese e-commerce company, which is rapidly broadening its portfolio beyond its traditional strength in consumer electronics as it pursues an asset-heavy vision for online retail.
Sales from the e-commerce giant's 2017 11-day shopping event were up 50 percent from a year ago.
Sales from the e-commerce giant's 2017 11-day shopping event were up 50 percent from a year ago.
The e-commerce giant's Singles' Day shopping bonanza generated a record 168.2 billion yuan ($25.3 billion) in sales.
The e-commerce giant's Singles' Day shopping bonanza generated a record 168.2 billion yuan ($25.3 billion) in sales.
As the event got underway, 93 percent of transactions were done via mobile.
As the event got underway, 93 percent of transactions were done via mobile.
China's Singles’ Day now dwarfs Black Friday and Cyber Monday as the world's biggest online shopping event. BoF investigates how online fashion giants are fighting for market share.
China's Singles’ Day now dwarfs Black Friday and Cyber Monday as the world's biggest online shopping event. BoF investigates how online fashion giants are fighting for market share.
The e-commerce titan has enlisted 10 percent of China’s convenience stores, about 600,000 outlets, to hawk goods and get billions of parcels shipped to customers nationwide.
The e-commerce titan has enlisted 10 percent of China’s convenience stores, about 600,000 outlets, to hawk goods and get billions of parcels shipped to customers nationwide.
As investors at Fosun Group continue to leverage China’s cultural capital, the group celebrates the first anniversary of the Fosun Foundation Shanghai landmark.
As investors at Fosun Group continue to leverage China’s cultural capital, the group celebrates the first anniversary of the Fosun Foundation Shanghai landmark.
Hong Kong traditionally attracts mainland China tourists for shopping during the Chinese New Year season, which kicks off in February.
Hong Kong traditionally attracts mainland China tourists for shopping during the Chinese New Year season, which kicks off in February.
The practice of “brushing” — faking sales transactions to boost rankings or draw more traffic to a website — has plagued Chinese online commerce for years.
The practice of “brushing” — faking sales transactions to boost rankings or draw more traffic to a website — has plagued Chinese online commerce for years.
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.