The US Treasury Secretary is said to be at odds with trade chief Katherine Tai on whether to eliminate some of the Trump-era measures to combat inflation.
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Adidas and Gucci parasol draws online outcry in China
A parasol set to be sold in China by top western brands Gucci and Adidas for 11,100 yuan ($1,642; £1,329) is causing an outcry for not keeping out the rain. Criticism of the item the…
Leaky Gucci and Adidas ‘sun umbrella’ sparks China outcry
A parasol set to be sold in China by top western brands Gucci and Adidas for 11,100 yuan ($1,642; £1,329) is causing an outcry for not keeping out the rain. Criticism of the item the…
Jeep, Citroen brand owner eye profit in India amid crisis in China, Russia
The focus on India comes at a time when the world’s fourth-largest carmaker Stellantis is facing headwinds in China and Russia, where it has suspended production due to the Ukraine war.
Burberry wary of China lockdowns as it takes brand further upmarket
The new boss of Burberry has committed to pushing the luxury brand more upmarket and into leaning heavily on its British heritage, while admitting that its growth ambitions depend on how quickly China …
March handset sales fall in China
China’s handset shipments came to about 21.46 million units in March 2022, down 40% from a year earlier, with 5G smartphone shipments falling 41% on year to 16.19 million units, according to data …
Cisco Plunges After China Lockdowns, Ukraine War Wreck Forecast
Cisco Systems Inc., the biggest maker of computer-networking equipment, expects revenue to decline in the current quarter, hurt by disruptions stemming from Chinese lockdowns and …
Cisco’s stock crashes as China lockdown hurts revenue and guidance
COVID-19-related lockdowns in China and the war in Ukraine dragged on sales in its fiscal third quarter. The same two factors were blamed for a lower-than-expected forecast for Cisco’s fourth-quarter …
Canada says China removes restrictions on imports of canola seed
China has removed restrictions on imports of Canadian canola seed that were put in place three years ago, Canadian officials said on Wednesday. May 18 (Reuters) – China has removed restrictions on …
Canada says China has removed restrictions on imports of Canadian canola seed
China has removed restrictions on imports of Canadian canola seed that were put in place three years ago, Canadian officials said on Wednesday. “Can …
China’s Metal Exports Storm Higher to Fill Gap Left by War
China’s exports of metals surged to multi-year highs as demand at home languished and global supplies tightened, with shipments of an aluminum feedstock spiking to plug a shortfall in Russia. Most …
As Q1 results disappoint, should brands look beyond China?
Tapestry, Tod’s, and Tesla: these are just a few names in the long list of brands that reported less-than-stellar results in the first quarter. While China was the saving grace for global companies …
Chinese Smartphone Sales Tipped To Fall 20% As Consumers Shun Brands
China’s leading smartphone makers including Oppo, Realme, Vivo and Xiaomi have been forced to scale back production as consumers shun Chinese communication devices, and Chinese lockdowns impact sales …
