HONG KONG (Reuters) – Global luxury brands from Prada (1913.HK) to LVMH (LVMH.PA) are investing in China for the first time since a crackdown on conspicuous spending five years ago, focusing on smalle… ( read…
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FOCUS-Global luxury brands again chase China’s young, rich and spendthrift
* Millenials are the key driver of luxury spend in China * Falling luxury prices in China help boost demand * Brands moving into second, third tier cities By Farah Master and Donny Kwok HONG…
Tim Hortons’ China menu to offer congee, matcha along with the double double
Despite some of the adjustments the brand will have to make, food industry expert Robert Carter thinks the expansion makes sense because China’s growing middle class is willing to spend their increase… ( read original…
As China and Taiwan fight, a tiny coffee bean business thrives amid bitter political dispute
China and Taiwan have been self-ruled since the Chinese civil war of the 1940s, but officials in Beijing continue to claim sovereignty over the island and insist that under its one-China policy, Taiwa… ( read…
Kroger Decision To Launch Brands With Alibaba Is Pure Genius
This week Kroger looked to China and announced its plans to launch its owned brand Simple Truth® on Alibaba’s Tmall platform. The move is a stroke of Val Kilmer Real Genius, a move that far…
Luxury brands target younger customers
More than four months after French fashion house Christian Dior became the first luxury brand to have an official account in China on the short-video app Douyin, it had attracted less than 40,000 foll… (…
Brands must get the basics right in China
SINGAPORE: Western brands needs to make sure they get the basics right to find success in China –including the bureaucratic elements – and to avoid common pitfalls, according to a China marketing expe… ( read…
China Sovereign Fund Backs Deal for $13 Billion Yum China
Yum China, spun off from Yum! Brands Inc. in 2016 and listed in New York, has a market value of $13.6 billion. Baring Private Equity Asia is also joining the investor group, which already includes…
Cryptocurrency’s millennial mining tycoon is planning a $3-billion IPO
Nishant Sharma, a Beijing-based spokesman for Bitmain, declined to comment. Speculation about Bitmain’s IPO plans and finances has intensified in recent days. The cryptocurrency news site CoinDesk rep… ( read original story …)
Crypto’s Millennial Mining Tycoon Is Planning a $3 Billion IPO
Nishant Sharma, a Beijing-based spokesman for Bitmain, declined to comment. Speculation about Bitmain’s IPO plans and finances has intensified in recent days. The cryptocurrency news site CoinDesk rep… ( read original story …)
Crypto Mining Giant Bitmain Plans Up to $3 Billion IPO
Nishant Sharma, a Beijing-based spokesman for Bitmain, declined to comment. Speculation about Bitmain’s IPO plans and finances has intensified in recent days. The cryptocurrency news site CoinDesk rep… ( read original story …)
China’s Seven ‘Bad Boys’ of Luxury Brands and Their Brushes with Scandal
For luxury labels, choosing the right brand ambassador in China can be a daunting task. Many of China’s online youngsters are rabidly loyal to their chosen idols, and shows like Idol Producer reinforc… ( read…
China’s ‘Tesla-fighter’ plans to go public in New York
The firm didn’t provide a time frame for the proposed IPO and said its estimates on how much money it … last year that it wants to “target the middle class in the big cities…
