China’s economic slowdown and the ongoing trade war with the US have had luxury brands worried about consumer sentiment, but Chinese shoppers are still stocking up on high-end handbags — and sneakers. … ( read…
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Recent Posts
The Top 10 Luxury Brands in China
China Unicom adds 2.8m 4G customers in May
China Unicom (Hong Kong) (0762) said today it added 57,000 mobile subscribers last month, taking the total to 324.32 million. In particular, the telco added 2.85 milion 4G subscribers. The 4G … ( read original…
‘Jumping on bandwagons, not pioneering them’: What Prada’s late push into China means for the brand
Italian luxury house Prada is finally getting in the same boat that many of its peers joined months or even years prior, by launching flagship stores on two Chinese e-commerce platforms: Secoo and JD. ……
How Does China Mobile’s Wireless Business Compare With Its Peers?
China Mobile (NYSE:CHL) dominates the Chinese wireless market with a market share (in terms of subscribers) of about 58%. However, the carrier has been underperforming its smaller rivals, China … ( read original story …)
Facebook’s ‘Cryptocurrency’ Libra Finds Love In China
The reaction in China, however, has been notably less cynical. Libra showed up in the ‘Hot Searches‘ on China’s biggest crypto-tracking app, MyToken. According to Primitive founder, Dovey Wan, this is … ( read original…
Why Chinese designers behind Ratio et Motus don’t want to make their luxury leather bags in China
The brand makes its bags in Italy Wang and Li say they don’t have plans to move production to China because it ‘boils down to perception and quality’ Ratio et Motus is an emerging luxury…
China’s Geely selects Swedish software firm as driverless car supplier
STOCKHOLM (Reuters) – China’s Geely has picked Zenuity … It said on Wednesday that the deal would encompass Geely’s range of car brands, which include Geely Auto, performance brand Polestar, … ( read original story…
Prada partners with JD.com to expand digital presence in China
Iconic luxury brand’s opening of authorized flagship store on JD.com announced as part of e-commerce platform’s June 18 anniversary sales festival. Legendary Italian fashion house Prada Group has … ( read original story …)
Harley-Davidson strikes deal to build smaller bike in China
Harley-Davidson Inc. will partner with China’s Qianjiang Motorcycle Co. to build a new smaller motorcycle than its trademark “big hogs,” making good on promises to move more production outside the … ( read original story…
B.C. wine exports to China holding their own
Exporting wine to China was always part of the business plan at Mt. Boucherie Estate Winery, a 200-acre winery in West Kelowna, part of British Columbia’s Okanagan Valley. “From day one, this was what ……
Tesla to Revamp Asia Business Structure to Focus on China
(Bloomberg) — Tesla Inc. is revamping its organization in Asia to put more focus on China as the company prepares to start manufacturing in the world’s largest electric-car market, people familiar … ( read original…
Bank of China (UK) Ltd joins LCH’s SwapClear service
Global clearing house LCH announced that Bank of China (UK) Limited, Bank of China’s UK entity, has gone live as a clearing member of LCH’s SwapClear. Bank of China is LCH’s first clearing member from…
Beijing Mega-Airport to Use Israeli Runway Protection System
JERUSALEM — Israel’s Xsight Systems said on Wednesday that its hazard detection technology will be installed on runways of a new mega-airport in China scheduled to open later this year. Xsight’s … ( read original…
