China’s manufacturers are facing weaker sales at home and abroad, with exports hit by U.S. tariffs on Chinese goods and cooling global demand. U.S. President Donald Trump said on Wednesday he was … ( read…
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British Fashion Council Expands China Partnerships Strategy With Ontimeshow
LONDON — The British Fashion Council is expanding its China partnerships strategy with Ontimeshow, one of Shanghai’s largest trade shows, to promote British brands during Shanghai Fashion Week later t… ( read original story …)
Exclusive: Luckin Coffee chief taps banks for $200 million loan in exchange for IPO role: sources
The funding deal for Lu, which has been woven into the banks’ IPO mandate agreement … The sources declined to be named as the information is confidential. Beijing-based Luckin was co-founded by Chie… ( read…
Sinochem Considers Mainland IPO for Oil Trading Unit
Sinochem has approached China Securities Regulatory Commission about the possible mainland deal, according to one of the people. A Sinochem Energy IPO is expected to accompany the long-awaited tie-up … ( read original story …)
China Media Trends Report Offers Insights for Marketers and Brands
OMD China has released the 2019 edition of its ongoing research series, “Transcend.” OMD China has released the 2019 edition of its ongoing research series, Transcend, offering marketers a list of pre… ( read original…
Chinese Brands Are Becoming Adept at Playing the Market Overseas
Not only was the company’s name unfamiliar to most U.K. medical experts, it also had to work extra hard to overcome the perception of cheap “made in China” products. To establish its brand, Mindray fi……
Yum China to Open KFC Outlets at Chinese Gas Stations
“We only have a very modest goal in the coming three years,” The New York-listed firm, spun off from Yum Brands Inc in 2016, owns Pizza Hut, KFC and Taco Bell in China and is…
Yum China Outlines Innovation Powering Growth Strategy at 2019 Investor Conference
Brands, Inc., Yum China Holdings, Inc. (“Yum China” or the “Company”) (YUMC) hosted the 2019 Investor Day in Shanghai, China. At the event, Yum China’s Chief Executive Officer, Joey Wat … ( read original story…
Why these mothers rejected a $5million deal to sell their beauty brand in China
Melbourne mothers Carly Pountney and Cassie Sanghvi launched their multi-million dollar skincare brand The Base Collective in 2016. But when they were offered a lucrative $5 million deal to sell their … ( read original…
China sports brand Anta goes global, taking on Nike and Adidas
SHANGHAI/HONG KONG/TOKYO — Anta Sports Products, a minor leaguer outside of China, is buying the Finnish owner of athletic brands such as Wilson for 4.6 billion euros ($5.17 billion), looking to … ( read original…
China Proposes Luxury Tax Increase to Rein in Millennial Debt
China should increase the luxury goods tax rate as a way to curb younger generations’ irrational spending on luxury brands, a Chinese official proposed at the country’s annual “Two Sessions” last week … ( read…
Satellites and shoe-leather: How investors get beyond China’s dubious data
Bye cites the example of the 2013 crackdown by Chinese authorities on gift-giving by officials, which skewed demand for luxury brands. “Therefore, China growth numbers out of some high-end … ( read original story …)
China sports brand goes global, swings deal for Wilson owner
SHANGHAI/HONG KONG/TOKYO — Anta Sports Products, a minor leaguer outside of China, is buying the Finnish owner of athletic brands such as Wilson for 4.6 billion euros ($5.17 billion), looking to … ( read original…
