China’s second-hand and grey markets for luxury goods are booming, as price hikes from luxury brands in a weak economy are prompting some shoppers to …
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Chinas
Luxury Shudders as China’s Tech Sector Stumbles
Hello BoF Professionals, welcome to our latest members-only briefing: The Week Ahead. Think of it as your ‘cheat sheet’ to what everyone will be talking …
Worldview: How Accessories Brands Tap China’s Qixi Festival
🇨🇳 Accessories brands refine marketing strategies for China’s Qixi Festival. This year’s Qixi Festival, a traditional holiday celebrating romantic love which fell on Aug. 10, …
Nivea Maker Beiersdorf’s Sales Grow Despite China’s Luxury Slowdown
“Our icon Nivea led the way with a double-digit sales increase combined with growth across all key regions and categories. These positive results more than …
How China’s Fashion Industry Leveraged the Olympics
From Christian Dior to Fenty Beauty, fashion and beauty brands from across the globe have gained exposure from the Paris Olympic Games. The marketing value …
Why Luxury Brands Are Investing in China’s Art Scene
In the 13 years since Chanel launched its exhibition at Shanghai’s Museum of Contemporary Art, the French luxury brand has learned a lot about navigating …
Worldview: Brazil’s Magalu Partners With China’s AliExpress
🇧🇷 Brazil’s Magalu and China’s AliExpress ink strategic partnership. The two online retail giants have agreed to start selling a “complementary” product assortment on each …
Extended Offers Dampen Excitement for China’s Mid-Year E-Commerce Festival
China’s mid-year e-commerce sales festival failed to stir up a great deal of excitement among shoppers, industry experts said, even as major platforms extended offers …
Worldview: Alibaba’s Earnings Expose China’s Uneven Recovery
🇨🇳 China’s Alibaba Group Holdings sees Q4 profits tumble. The country’s largest e-commerce group by market share has reported an 86 percent decline in net …
China’s Q1 GDP Growth Likely to Slow, More Stimulus on the Cards
China’s economy is expected to have slowed in the first quarter as a protracted property downturn and weak private-sector confidence weigh on demand, maintaining pressures …
TikTok’s Parent Company Enters China’s Perfume Market
ByteDance, the parent company of Tiktok and its Chinese version, Douyin, has launched its own fragrance brand. The Emotif line of perfumes, developed by a …
China’s Consumer Slump Claims Another Victim as Shiseido Profit Slides
Shiseido became the latest victim on Friday of a slowing Chinese economy that has battered earnings at many global consumer goods companies, when the Japanese …
China’s Luxury Market Expected to Grow By Mid-Single Digits in 2024
While the Chinese luxury market saw a strong rebound in 2023 following the lifting of pandemic restrictions, it will face a tempered recovery in 2024 …
In China’s Slowing Beauty Market, Big Brand Discounts Won’t Cut It
Expensive beauty hauls are a thing of the past for Evelyn Zhu. The Chinese branding professional says she now only spends on skin care essentials, …
China’s A-List Flock to Hong Kong for Louis Vuitton’s First Show
Some of China’s most popular celebrities and K-drama stars gathered at Louis Vuitton’s first ever fashion show in Hong Kong, as the luxury brand seeks …
Worldview: Why China’s E-Commerce Giants Withheld Singles’ Day Results
🇨🇳 China’s e-commerce giants withhold Singles’ Day results. For the second year in a row, e-commerce major Alibaba did not disclose gross merchandising value (GMV), …
China’s Biggest Winner in Singles Day Bonanza May Be PDD, Say Market Experts
As China’s e-commerce giants hunker down for battle this month in the world’s biggest shopping event, market pros are betting that Temu-owner PDD Holdings Inc. …
BoF Masterclass | Dynamic Journeys: China’s Luxury Shoppers at Home and Abroad
Join us on Thursday, July 27 at 14:00 BST / 9:00 EDT for our next BoF Insights Masterclass as BoF’s director of research and analysis …
Prada partners with China’s National Women’s Football Team
In a groundbreaking collaboration, Prada, the esteemed luxury fashion house, has become the official sponsor of the Chinese Women’s National Football Team. This collaboration shows …
China’s Fosun Seeks to Sell Stake in Alibaba’s Logistics Arm Cainiao
Debt-laden Chinese conglomerate Fosun International is seeking to offload a minority stake in Alibaba Group’s logistics arm Cainiao, in a deal that could fetch up …