Bye cites the example of the 2013 crackdown by Chinese authorities on gift-giving by officials, which skewed demand for luxury brands. “Therefore, China growth numbers out of some high-end … ( read original story …)
Tagged By brands
China sports brand goes global, swings deal for Wilson owner
SHANGHAI/HONG KONG/TOKYO — Anta Sports Products, a minor leaguer outside of China, is buying the Finnish owner of athletic brands such as Wilson for 4.6 billion euros ($5.17 billion), looking to … ( read original…
China works to contain outbreak of African swine fever
Amid the outbreak, it is estimated that China’s giant pork industry could see production … Sylvain Charlebois is a professor of food distribution and policy at Dalhousie University’s business school … ( read original story…
StanChart, UBS settle Hong Kong IPO misconduct case
Both banks were investigated for their roles in the 2009 IPO of China Forestry, a company that was later delisted from the Hong Kong stock exchange for accounting irregularities and put into a liquida… (…
Ant Financial reportedly preparing to IPO on Shanghai tech board
Alibaba’s financial arm Ant Financial is reportedly preparing for an initial public offering (IPO) on China’s new Nasdaq-style equity board, said state-owned media on Monday citing a delegate from the … ( read original story…
Local tourism industry navigates political spat with China
Various Canadian businesses or brands could be at risk because of the tensions, according to Amy Hanser, a sociology professor at the University of B.C. who has studied Chinese consumers. ( read original story …)
Haier to Unveil 7-Brand Smart Home Solution for Global Users to Customize Their Smart Life
hereinafter referred to as “Haier”, is going to unveil its multi-brand Smart Home Solution dedicated to enhancing the convenience of smart living at the 2019 Appliances & Electronics World Expo (AWE 2… ( read original…
China’s largest watch retail alliance
and accounts for 30% of Swiss watch sales in China. Through long-term stable cooperation with Swatch Group, LVMH, Richemont, Kering and Rolex, Xinyu carries 52 international watch brands including Bre… ( read original story …)
China auto sales fall 14 pct in February, mark eighth month of decline
The China Association of Automobile Manufacturers (CAAM) said sales fell to 1.48 million vehicles. That followed declines of 16 percent in January and 13 percent in December. REUTERS | March 11 … ( read original…
InterLubric China Comes to Guangzhou for its 20th Anniversary
Professionals attending cover the full spectrum of producers, manufacturers, dealers, distributors and end-users, with the show’s reputation among visitors and exhibitors alike now firmly entrenched. … ( read original story …)
B.C. exporters feel chill in Canada-China freeze
is that China has a large and growing consumer base that’s willing to pay the average price of $30 per bottle for Canadian wine — and local winemakers have done a good job cultivating Canada’s…
China car sales continued to skid in February
the government-backed China Association of Automobile Manufacturers said Monday. Commercial vehicles sales increased 2% to 608,000 over the two months, but passenger-car sales were off 18% to 3.24 mil… ( read original story …)
UBS, StanChart agree to settle 2009 Hong Kong IPO misconduct case: regulator’s counsel
While UBS has not identified the IPO in question and the SFC has not publicly confirmed it, people with direct knowledge of the matter have said it was that of China Forestry. StanChart, which closed…
