The partnership will offer Boots beauty brands to more than half a billion consumers in China, including No7, Soap & Glory and Boots Cucumber. Launched in 2014, Alibaba’s Tmall platform is China’s lar… ( read…
Tagged By ipo
Meituan Dianping rises on Hong Kong debut after US$4.2 billion IPO, pushes co-founder’s net worth to US$5.3 billion
The Beijing-based company, which raised US$4.2 billion in the city’s second-biggest technology initial public offering this year, opened higher and briefly touched HK$74 per share. It closed the day a… ( read original story …)
How Luxury Brands Court Cultural-Conscious Chinese Consumers
Today, smart shoppers in China want to know the artistic and cultural histories behind their favorite designs. Luxury brands are also interested in telling their stories and are now using local media … ( read…
China Manufacturers Rush to Get Toys, Car Parts to U.S. Before Tariffs
(Bloomberg) — The race is on to get Chinese goods into the U.S. before U.S. President Donald Trump’s tariffs bite. At sea and in the sky, the U.S. president’s trade war with China has ignited…
Michael Kors in China: Brand Heightens Efforts in its Fastest Growing Market
Last quarter Michael Kors reported a double-digit rise in revenues in the Chinese market, beating the growth rates of other regions. For fashion houses and luxury brands, one big-spending demographic … ( read original story…
Trump wrong to brand China a currency manipulator
Next month, the U.S. Department of the Treasury is due to submit to Congress its biannual report detailing which countries, if any, are manipulating their currencies to gain an unfair trade advantage. ( read original…
Boots set to take its famous No7 make-up brand to China
High Street beauty chain Boots is set to take its famous No7 make-up brand overseas to Chinese shoppers. Boots parent Walgreens Boots Alliance has signed a deal with Chinese e-commerce giant Alibaba t… ( read…
China IPO data provider iResearch confirms executives ‘are assisting authorities’ with enquiries
iResearch, a market research company which provided industry data for Chinese tech giants Xiaomi and Meituan Dianping in their IPO filings, confirmed on its Weibo corporate account that some of its se… ( read original…
A Bumper Year for Chinese IPOs Feels Like Anything But
Twelve months ago, tech IPOs in Hong Kong were greeted with something like Beatlemania. Now, optimism for other big potential deals is being reined in, especially as some candidates already face troub… ( read original…
The WeChat Luxury Index: Exclusive Insights That Luxury Brands Need Now
While the impact of WeChat as marketing tool in China is significant, there has always been a lack of publicly available data to benchmark the performance of brands on this platform – until now. Given…
Why brands need to use KOLs (influencers) in China
The marketing sector can be a complicated place as new marketing tools and techniques are launched, almost on a weekly basis. Powered by The Drum Network, this regular column invites The Drum Network’ … (…
Tencent-backed Meituan climbs 5 percent on debut, brightens outlook for HK IPOs
Shares of Meituan, which counts China’s biggest gaming and social media firm Tencent Holdings (0700.HK) as a key investor, closed at HK$72.65 ($9.26) compared to its IPO price of HK$69 but below … ( read…
China urges U.S. to show sincerity, correct behavior in trade actions
BEIJING (Reuters) – China hopes the United States will show sincerity and take steps to correct its behavior, its commerce ministry said on Thursday, after both countries slapped new tariffs on … ( read original…
