A teenage girl has died after being flung out of a fast-turning ride at an amusement park in southwestern China. She was thrown on to metal railings and was taken to a hospital, where she later died. An initial investigation showed her seatbelt had broken ... ( read original story ...)
Report: Luxury Brands Continue to Rein In China Expansion as Malls Shift to ‘Retailtainment’
China’s malls continue to expand as not only a place to shop, but a place for consumers to gather for entertainment. (Shutterstock) Changes in China’s retail landscape continue to reflect the extent to which online shopping has altered the way Chinese ... ( read original story ...)
How can Chinese companies offer great specs at such low prices?
The areas where China does cater locally to smartphone components is in display, battery, and assembly manufacturing. Display technology is probably the one component where there is some discrepancy between manufacturers, due to their choice of AMOLED or ... ( read original story ...)
Apple Loses Ground to Rivals in China
Apple is finding it hard to hold on to its slice of the Chinese smartphone market as the global giant faces tough competition from several homegrown brands -- Huawei, Oppo, Vivo and Xiaomi. Photo: Huawei/Oppo/Vivo/Xiaomi ( read original story ...)
How China’s E-Commerce Giants Are Catering to Online Shoppers at Every Step
E-commerce is dominating in the luxury industry in China, and brands are increasingly diversifying their points of purchase. They’re reaching Chinese shoppers via not only the country’s major e-tailers, like Tmall, Secoo, and JD.com, but through their ... ( read original story ...)
Celebrity perfumes and big brands losing share to the artisans and specialists
Atelier Cologne’s sale was significant for industry watchers as L’Oreal, for the first time, had its own fragrance specialist; L’Oreal had up until then focused on fashion brand licenses for its perfume division. “We chose L’Oreal,” says ... ( read original story ...)
‘MICE travel from India to China is growing nearly 8% year-on-year’
Q. What is Marriott’s footprint in China in key gateway cities? A. After the merger of Marriott and Starwood, we are upgrading 265 hotels which come under 17 different brands in Greater China which includes China, Macau, Taiwan and Hong Kong. Not only ... ( read original story ...)
Top 30 most valuable brands of 2017
With over 5,000 financial centers, it serves millions of consumers and businesses. 2016 rank: 32 Brand value ($m): 31,250 One of the five biggest state-owned banks in China, it is the oldest one in the nation. Established in 1912 to replace the Imperial ... ( read original story ...)
Chinese Luxury Shoppers' Newest Destination: China
High-end names such as Cie. Financière Richemont, Burberry Group PLC and LVMH Moët Hennessy Louis Vuitton are experiencing a surge in sales in mainland China as the government taxes overseas purchases and some luxury brands lower prices in China to bring ... ( read original story ...)
Beijing: A Capital of Contradictions
As China's bustling capital and among the country's largest gateways to the world, Beijing stands out for its sheer importance. But amid constant blankets of smog enveloping areas coping up through pristine gardens and streets kept clean, the city defies ... ( read original story ...)