Footwear retailer Caleres has inked a deal to expand the distribution of its brands in Greater China – including Hong Kong, Macau and Taiwan – through a new international joint venture (JV). The US ……
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Nintendo says to shift part of Switch console production out of China
Nintendo, which currently outsources almost all of the console production to contract manufacturers in China, plans to make the partial shift to Vietnam this summer. The spokeswoman said the shift … ( read original story…
‘Food terrorism’ could be at play in China’s ban on Canadian meat, one expert says
In China, food fraud is a common issue. Residents will pay a premium for brands from countries they trust – like Canada – and organized criminals are acutely aware of this reality. In an interview…
Higher deliveries for Volkswagen brand in June
The strong rise of 14.2 percent in China is a one-off effect resulting from regulatory changes in the overall market. With increases in deliveries by the brand of 9.6 percent and 13.0 percent … (…
Nintendo shifts some Switch production from China to Vietnam
He denied it was a direct response to the growing trade friction between the U.S. and China. He declined to give details on manufacturers or production sites in Vietnam, citing company policy. He said ……
China’s ANTA Sports rejects Muddy Waters allegation as ‘incorrect’
On Monday, after Muddy Waters issued a report on ANTA, shares of China’s largest home-grown sports brand by market value fell as much as 8.7% to a three-week low. Trading in ANTA shares was suspended…
Caleres to go big in China
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 …)
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 …)
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