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China

China Archives

Chinese flock to home-grown brands in golden opportunity for investors

In lockstep with demand, investors too have been pouring funds into local consumer brands this year.

The rise of new beauty realities in China

Growing consumer interest in homegrown brands, male grooming and medical intervention is driving rapid growth in China’s...

China’s Pinduoduo beats quarterly revenue estimates amid online shopping boom

Active buyers on Pinduoduo in the 12-month period ended March rose 31 per cent to about 824 million, outpacing Alibaba's...

Burberry – the first luxury brand to suffer Chinese backlash over Xinjiang

China on Friday sanctioned organisations and individuals in the United Kingdom over what it called "lies and disinformat...

Prada bags sales boost from China rebound, online shift

Luxury fashion companies have been hit hard by the impact of the crisis on tourism and travel

Ferragamo flags China-driven sales rise after 2020 loss

Covid-19 has hit Ferragamo hard because it is geared towards traveller spending.

Gap mulls sale of China business

US company is working with an adviser to explore its options and has contacted prospective suitors.

Jack Ma no longer China’s richest man after coming under Beijing’s scrutiny

Ma and his family had held the top spot for China's richest in the Hurun Global Rich List in 2020 and 2019.
A Gucci store front with a cyclist at the front.

China’s domestic luxury market almost doubled in 2020

China's luxury market is expected to grow by 48 per cent by the years end.

Australia’s Mecca moves into China

Australian beauty retailer Mecca is entering the competitive Chinese market and launching its luxury flagship store at o...