The decision was made “in the context of a global Yoox Net-a-Porter plan aimed at focusing investments and resources on its core and more profitable geographies”, said a spokesperson for Richemont, the Swiss luxury group…
Featured Posts Title
Exclusive: Defiant Bolsonaro says he is the one to stop Lula, China and Trump tariffs
Ex-Australian PM Morrison to testify before US House panel on China
Update: China Issues New Statement on US Tech War
Canada’s steel import duties violate WTO rules, says China
Night Walk in Shenzhen’s Houhai – Stunning 4K HDR Tour of Nanshan District
Beijing to host China, EU leaders summit next week
Is China’s Military Ready for War?
Recent Posts
Yoox Net-a-Porter exits China to focus on more profitable markets
China’s ‘particularly ferocious’ epidemic is expected to peak, should we be worried?
Back in December 2019, ProMed – a surveillance programme run by the International Society for Infectious Diseases – reported on a health scare in Wuhan, China. As we all remember far too clearly, this …
G7 leaders accuse China of ‘enabling’ Russia war on Ukraine in stark warning
“China does not supply weapons, but the ability to produce those weapons and the technology available to do it,” US President Joe Biden said at the summit on Thursday. “So it is, in fact, helping…
China’s premium brands fall out of favour with stock investors
China’s once-mighty shoppers have turned into reluctant spenders in the face of an economic slowdown, a shift that’s proving particularly painful for stocks related to premium brands. Read more at The …
China’s Li Pays ‘Very Positive’ Visit to Fonterra, New Zealand Minister Says
New Zealand Prime Minister Christopher Luxon and Governor General Cindy Kiro welcome Chinese Premier Li Qiang with a traditional Maori welcome and honour guard, during Li Qiang’s visit to New Zealand, on the grounds of…
China’s Premium Brands Fall Out of Favor With Stock Investors
China’s once-mighty shoppers have turned into reluctant spenders in the face of an economic slowdown, a shift that’s proving particularly painful for stocks related to premium brands.Most Read from …
Balenciaga goods are going for 40% off in China as luxury brands conduct ‘the equivalent of hosting a public sale on Fifth Avenue’
As luxury brands conduct ‘the equivalent of hosting a public sale on Fifth Avenue’.
Stanley Ho’s youngest son Mario sets sights on China’s first esports IPO in the US
Co-founded by Mario Ho, NIP Group has filed for an IPO on the Nasdaq Stock Exchange, where it aims to become the first listed Chinese esports company Esports entrepreneur Mario Ho Yau-kwan, the …
Mockups Of China’s Sharp Sword Stealth Drone Appear Near New Supersized Amphibious Warship
Evidence continues to grow that stealthy GJ-11 Sharp Sword is bound for the decks of Chinese carriers and new amphibious assault ships.
Huawei, China Unicom carry out 5.5G trial in Guangzhou
Huawei launched what it claimed to be the world’s first “5.5G” intelligent core network during an event at MWC 2024 …
Exclusive: China pushes rival Ukraine peace plan before Swiss summit, diplomats say
China, skipping a weekend summit on a peace plan for Ukraine, has been lobbying governments for its alternative plan, 10 diplomats said, with one calling Beijing’s campaign a “subtle boycott” of the global meeting in…
US industry groups seek hearing, more on Biden’s China tariff hike
A wide swath of pro-trade American business groups has asked the Biden administration for another month to comment on plans to impose steeper tariffs on Chinese imports of electric vehicles, batteries,
Kantar Greater China CEO shares insight into Chinese brand success
During an interview with China Daily, Doreen Wang, Kantar Greater China CEO and Global Chair of Kantar BrandZ, said many Chinese brands have turned increasingly professional and actively expanded into foreign markets, which has strengthened…