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 …
Chinas
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 …
The BoF Podcast: Marco Bizzarri on China’s Role in Gucci’s $10 Billion Plan
LONDON, United Kingdom — Marco Bizzarri is nothing if not daring. Gucci’s president and chief executive has overseen blockbuster growth since he took the helm …
Impulsive, Addictive Social Commerce Is China’s Latest Craze
SHANGHAI, China — Pinduoduo is the latest player to take China’s e-commerce scene by storm. Founded by Google alumnus Colin Huang, the start-up offers shoppers …
Report: China’s Xiaohongshu Kicks off Staff Layoffs
Chinese social e-commerce app Xiaohongshu, known as China’s answer to Instagram, has kicked off a round of layoffs, a source familiar with the matter said, …