When it comes to selling luxury in China, most brands do not focus enough on creating an actual luxury experience. And in part, this is why most brands are not as successful as they could…
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Estée Lauder buoyed by significant exposure to fast-growing markets such as China
Asia Pacific remained the key growth driver, increasing sales by 27percent. Estée Lauder’s online business in China has doubled in the past year. Its brand already has a physical presence in 170 of … (…
China’s oil imports fall as U.S. sanctions reduce Iranian shipments
China’s crude oil imports slipped 8 per cent in May from an all-time peak hit the month before, customs data showed, as the world’s top importer of the commodity curbed shipments from Iran amid ……
China’s Fosun holds talks to buy Thomas Cook’s main holiday business
LONDON (Reuters) – The world’s oldest travel company Thomas Cook edged closer to a break up on Monday after its biggest shareholder, China’s Fosun Tourism, made a preliminary approach for the … ( read original…
Fashion retailers suffer most in US amid the China trade war
Fashion retailers have been the worst performers in the US equity market since the US-China trade war escalated. A number of mid-range brands like GAP, Abercrombie & Fitch (A&F), J. Jill, and … ( read…
Made-in-India tag for Flipkart brands
BENGALURU: Walmart-owned Flipkart has moved a substantial proportion of its manufacturing and sourcing for inhouse brands from China and Malaysia to India over the past year, helping to cut costs and … ( read original…
China may restrict access to tech amid spiraling trade dispute with U.S.
China is creating a system to protect its technology, according to state media, as the U.S. restricts the access of Chinese companies to American technology in a spiraling trade dispute. … ( read original story…
Hot Dog on a Stick® Opens First Location In China
the franchisor of the iconic Hot Dog on a Stick® brand, is proud to announce the opening of a new Hot Dog on a Stick location in Shanghai China – the brand’s first location in…
China calls in foreign tech firms after Huawei sales ban: sources
BEIJING (Reuters) – China summoned global technology companies for talks last week following last month’s U.S. ban on selling technology to China’s Huawei Technologies Co Ltd, two people … ( read original story …)
China says small bank risks manageable after takeover of troubled Baoshang
The China Banking and Insurance Regulatory Commission (CBIRC … The regulator also said big banks are willing to continue interbank business with small banks to safeguard the stability of financial … ( read original story…
Former PM Jean Chrétien prepared to travel to China to help free Spavor and Kovrig
Mr. Chrétien, who served as prime minister between 1993 and 2003, was accused during his tenure of underplaying human-rights concerns in China in the interests of drumming up business. He said he wasn … (…
China’s Wanda Sports Files for U.S. IPO Partly to Pay Down Loan
Wanda Sports Group Co., a unit under Chinese billionaire Wang Jianlin’s conglomerate Dalian Wanda Group Co., filed to go public in the U.S. with a goal of raising funds to pay down debt. The ……
China to curb some technology exports to U.S.: Global Times editor
SHANGHAI (Reuters) – China is preparing to curb some technology exports to the United States, the chief editor of China’s Global Times newspaper said on Saturday. If enacted, the measures suggest … ( read original…
