Singles Day, launched seven years ago by Alibaba, has already eclipsed the combined sales of the equivalent events in the United States: Cyber Monday and Black Friday.
Singles Day, launched seven years ago by Alibaba, has already eclipsed the combined sales of the equivalent events in the United States: Cyber Monday and Black Friday.
This week, Hermès joins luxury brands reporting a recovery in China, and Chinese shoppers' share of global luxury purchases drops to 30 percent.
This week, Hermès joins luxury brands reporting a recovery in China, and Chinese shoppers' share of global luxury purchases drops to 30 percent.
Singles’ Day on Nov. 11, marks the biggest shopping promotion of the year for both Alibaba and JD as consumers outside the megacities are opening their wallets more.
Singles’ Day on Nov. 11, marks the biggest shopping promotion of the year for both Alibaba and JD as consumers outside the megacities are opening their wallets more.
Taking Amazon.com Inc.’s approach, Alibaba has placed cloud at the heart of its global expansion.
Taking Amazon.com Inc.’s approach, Alibaba has placed cloud at the heart of its global expansion.
The change consolidates the Chinese e-commerce giant’s media empire into the Alibaba Digital Media and Entertainment Group.
The change consolidates the Chinese e-commerce giant’s media empire into the Alibaba Digital Media and Entertainment Group.
This week, China looks to its homegrown talent in Hong Kong to drive the future growth of its fashion industry, and the owners of outlet park Bicester Village take a bet on growing demand from domestic Chinese consumers by opening a second outlet park.
This week, China looks to its homegrown talent in Hong Kong to drive the future growth of its fashion industry, and the owners of outlet park Bicester Village take a bet on growing demand from domestic Chinese consumers by opening a second outlet park.
China’s most globally-minded fashion week is becoming an umbrella event for new platforms clustering around Shanghai.
China’s most globally-minded fashion week is becoming an umbrella event for new platforms clustering around Shanghai.
Cheaper labour costs drove athletic shoe production to Asia in the 1970s, but it's beginning to regain a foothold in the United States.
Cheaper labour costs drove athletic shoe production to Asia in the 1970s, but it's beginning to regain a foothold in the United States.
This week, Tmall bets on 'See Now, Buy Now, with a live-streamed fashion show to lure global luxury brands, while China's designers and buyers learn how to deal with booming demand for its indie fashion scene.
This week, Tmall bets on 'See Now, Buy Now, with a live-streamed fashion show to lure global luxury brands, while China's designers and buyers learn how to deal with booming demand for its indie fashion scene.
The plan is to make most of the clothes in China to ensure they cater to local tastes and can get to stores quickly - a strategy similar to the one successfully pursued in Europe by Zara-owner Inditex.
The plan is to make most of the clothes in China to ensure they cater to local tastes and can get to stores quickly - a strategy similar to the one successfully pursued in Europe by Zara-owner Inditex.
JD.com Inc. is going to keep investing outside of its main e-commerce operations in order to build its business and deliver long-term profitability.
JD.com Inc. is going to keep investing outside of its main e-commerce operations in order to build its business and deliver long-term profitability.
Chinese e-commerce giant Alibaba Group Holding Ltd has started the countdown to its annual shopping festival Singles' Day.
Chinese e-commerce giant Alibaba Group Holding Ltd has started the countdown to its annual shopping festival Singles' Day.
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.