Global brands such as Versace, Coach, Givenchy, and Swarovski all faced similar criticism this week for listing Hong Kong, Macau, and Taiwan as a separate countries or regions – not part of China – on…
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Burberry Is Down at Heel Without China
The brand is a little over midway through a multiyear makeover … Burberry has little to fall back on if they tighten their belts. Granted, China’s luxury spenders have proven to be a resilient lot…
These Are the Foreign Brands Apologizing to China amid Hong Kong Tensions
Foreign luxury brands hoping to appease the Chinese market are walking on eggshells as the political crisis in Hong Kong is deepening. Chinese netizens and state media recently condemned foreign … ( read original story…
Hyundai Motor shifts focus to India from China
China’s slowing car demand has also prompted Hyundai and Kia to look to India and other newly emerging markets as a global manufacturing hub, they said. According to data from the Korea Automobile … (…
After Versace, Givenchy and Coach, Swarovski the latest luxury brand to infuriate China
After Versace, Givenchy and Coach, Swarovski is the latest luxury brand that caused outrage in China for its labelling of Hong Kong, Macau and Taiwan. Swarovski also lost the support of its … ( read…
AI Startup Plans IPO at Value of Over $1 Billion — in China
(Bloomberg) — The promise of artificial intelligence has yet to translate into big business. Now Kai-Fu Lee, a prominent venture capitalist in China and founder of Sinovation Ventures, says his … ( read original story…
Chinese Starbucks Rival Luckin Falls Most Since IPO Amid Cash Burn
Starbucks’s IPO-Bound China Rival Wants to Re-Invent Coffee Game China is becoming an increasingly important market for coffee retailers as the country’s middle-class tea drinkers develop a … ( read original story …)
What Kontoor Brands’ Management Wants Shareholders to Know
as its competitors tend to concentrate manufacturing in China and other south Asian countries to reap cost advantages. But a localized supply chain gives the Wrangler and Lee brands an edge in … ( read…
How luxury brands are responding to the end of China’s one-child policy
Chinese authorities announced the end of the one-child policy in October 2015, allowing families to have two children. In the summer of 2018, China’s parliament erased “family planning” policies from … ( read original story…
VW brand’s China sales grow for 2nd straight month
Volkswagen, the largest car brand in China, bucked the market downturn for a second month in a row, with July sales rising 2 percent to 228,000. The gains came mainly as a result of its…
Trump trade war is splitting tech manufacturers along U.S.-China lines
Even the unseasonable downpour couldn’t dampen the spirits of the executives and officials gathered on the Indonesian island of Batam to cut the ribbon on a new Pegatron Corp. factory. The men … ( read…
China bought U.S. pork last week as Beijing declared halt in U.S. farm purchases
China made its biggest purchases of U.S. pork in seven weeks last week as Beijing said Chinese companies suspended purchases of American agricultural products, according to U.S. Department of … ( read original story …)
China says has to take countermeasures to latest U.S. tariffs
China has to take necessary countermeasures to the latest U.S. tariffs on $300 billion of Chinese goods, the finance ministry said on Thursday. The ministry also said the U.S. tariffs violate a … ( read…
