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China

China Archives

China’s austerity pitch plan wipes US$120 billion off European luxury brands

Several analysts used the slide to recommend investors bet that luxury stocks' heady resurgence from Covid-19.

Foreign brands under attack in China for ‘misleading shoppers’

The China Economic Daily praised the market regulator for "catching the lying Canada goose across the Pacific".

China issues draft rules banning unfair competition in the internet sector

Business operators should not use data, algorithms or other technical means to hijack traffic or influence users' choice...

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.