In an environment of continuous travel restrictions, store closings, global restructuring and growth in omnichannel sales, luxury brand executives must stay one step ahead of comp …
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Why this chip maker’s New York IPO has left a bad taste in the mouth for Chengdu’s local government
GlobalFoundries said in its prospectus that the Chengdu factory halted operations due to ‘a variety of factors, including unanticipated market conditions’ …
What Caught Our Eye in the Mind-Bogglingly Dense 642-Page IPO Filing for Oyo
The once high-flying Oyo has been humbled, even as it remains a mind-boggling complex global business. That is the one line summary of the very dense 642 …
Energy-Starved China Forced To Accept Australian Coal
China is so desperate for coal amid a power crunch threatening its industrial growth that it has released Australian coal that has been sitting in bonded storage not cleared by customs because of the …
U.S.-China Trade: USTR Restarts Tariff Exclusion Process for Section 301 Duties
Katherine Tai delivered a speech at the Center for Strategic and International Studies (CSIS) detailing the Biden Administration’s new strategy for managing U.S.-China trade relations. Tai announced …
USDA FAS sees reduced corn demand from China
The USDA’s Foreign Ag Service expects China’s corn imports to decline in the new marketing year. The FAS projects new crop imports at 20 million tons, down from 30 million last marketing year, due to…
Key Lessons From China Brand Failures
Although every brand failure has its own idiosyncratic story, Jing Daily has outlined three of them to help brands succeed in China.
Adidas Sees Stock Downgrade On China And Supply Chain Concerns
Bank of America downgraded Adidas to “Underperform” from “Neutral” due to uncertainty around China’s recovery and supply-chain issues, coupled with ongoing market share losses.
Rumor: iQOO will become an independent brand in April 2022
When Vivo announced the first iQOO smartphone in early 2019, it was marketed as the first phone under Vivo’s new gaming smartphone line. More than two years later, the iQOO line has gotten bigger and…
‘Decorative beads’ discovered at airport were actually Ivermectin from China, feds say
These shipments are concerning. These were seized in just one night and you have to wonder if this trend will continue.” …
China’s love of luxury could get reset by its common prosperity
Common prosperity, the policy directive du jour of President Xi Jinping, won’t banish luxury goods from Chinese malls. But it will usher in a new era where watches are encrusted with fewer diamonds …
Tod’s, PVH & Richemont See a Growing Reliance on China
September’s earnings results confirm that China has tightened its grip on the global luxury market, fueled by the COVID-19 pandemic.
Xinjiang exports rattled by coronavirus outbreaks in Central Asia as risks from US sanctions loom
Trucks crossing the border of China’s far west Xinjiang have plummeted over the past 18 months, mirroring a broader decline of exports in regional gross domestic product.