Caleres (NYSE:CAL) announces an expansion of its international strategy with a plan to distribute footwear in greater China through a joint venture with Brand Investment Holding. Distribution … ( read original story …)
Tagged By business
Ford reports second quarter sales in China
SHANGHAI, China, July 5, 2019–Ford Motor Company today announced second … to the implementation timelines of different cities and regions across China. Ford Brand Highlights Sales of Ford-branded – … ( read original story …)
Foreign carmakers struggle with China NEV quotas
More than half of the passenger vehicle brands in China did not meet the country’s minimum fuel economy requirements last year, according to local reports citing statistics released by the ministry of … ( read…
Digital Luxury Drops in China: Why They Work
In a bid to appeal to Gen-Zers, luxury brands in China have been taking a page from Supreme’s book by orchestrating their own drops. It’s been serving them well, particularly on digital fronts, … (…
U.S., China to restart trade talks, but little has changed since deal fell apart
“We’ve had a change in atmospherics,” said Derek Scissors, a China expert at the American Enterprise Institute, a business-oriented Washington think tank. “While this is great for markets, the … ( read original story …)
Apple’s services revenue, China to power third quarter: analyst
With Apple focusing more on the services business, Evercore said it expects … driven by a sizable acceleration in China-centric markets,” analyst Amit Daryanani said in a note. … ( read original story …)
U.S., China to relaunch talks with little changed since deal fell apart
“We’ve had a change in atmospherics,” said Derek Scissors, a China expert at the American Enterprise Institute, a business-oriented Washington think tank. “While this is great for … ( read original story …)
L’Oréal bucks wider economic slowdown in China
The head of L’Oréal, the world’s biggest beauty company, has said that its Chinese business is booming, bucking a wider economic slowdown as brands like Lancôme and Maybelline win over consumers. … ( read original…
Chinese Coworking Giant Seeks US IPO
The Beijing-based firm is looking to raise anywhere from $100 million to $200 million in a 2020 IPO, according to sources cited by Bloomberg. The deal is said to be in the preliminary stages and…
Sales of Hongqi-brand vehicles skyrocket in China
(MENAFN – Asia Times) China’s leading automaker FAW Group posted a skyrocketing year-on-year increase in the sales of its Hongqi-brand vehicles in the first half of the year, with the amount … ( read original…
Chinese Central Bank’s Blockchain Trade Platform Processed $4.36B
The People’s Bank of China blockchain trade finance solution processed $4.36 billion in foreign exchange transactions since its inception. China’s central bank, the People’s Bank of China … ( read original story …)
Beijing Begins Imagining A WeChat China Cryptocurrency
The South China Morning Post reported Monday that the People’s Bank of China (PBoC) is looking into an officially sanctioned crypto after banning them two years ago. If they do it, there is no better…
China Cosmetics Market Report, 2019-2025
China’s online penetration rate of cosmetics will range at 31.4% in 2022. Online: The retail sales of cosmetics at Alibaba have grown apace, with fluctuations in recent months. Chinese brands have … ( read original…
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