Swedish fashion brand H&M announced on Sunday it would close its flagship store in Beijing’s Sanlitun area on June 11 as the lease contract is set to expire. Its public…
China
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Online fast-fashion retailers from China are making significant strides in the US fashion industry and steadily gaining market share, according to the latest industry figures. The e-commerce platforms have become…
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AsiaChinaFashionFeaturedGlobal NewsNews
China’s Manufacturing FDI Inflow up 46.1% in 2022: Commerce Ministry
by Cole Burkeby Cole BurkeChina’s manufacturing industry saw a 46.1 per cent year-on-year increase in foreign direct investment (FDI) inflow to 323.7 billion yuan (approximately $47.93 billion) in 2022, according to the country’s commerce…
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AsiaChinaChinese New YearFeaturedGlobal NewsNews
Chinese New Year fashion: 8 Ways to Incorporate Black Into your Outfits
Here’s how to pull off the look for the CNY festivities without incurring the wrath of the elders. Traditionally, wearing black during Chinese New Year is considered taboo because the…
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AsiaChinaChinese FashionFashionFeaturedGlobal NewsNews
Fashion Retailer Shein in Talks to Raise Funds at Lower Valuation of $64 billion – FT
by Aliya Mossby Aliya MossChinese fashion retailer Shein is in talks to raise up to $3 billion at a reduced valuation of $64 billion, the Financial Times reported on Wednesday, citing people with knowledge…
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BeautyBrandBusinessCelebrityChinaChinese FashionDramaEntertainmentFashionFashion BrandFashion IndustryFashion TrendFeaturedGlobal News
How the Costumes of ‘American Born Chinese’ Straddle Fantasy and Reality
by Anika Millsby Anika Mills“American Born Chinese,” the new Disney+ show based on Gene Luen Yang’s graphic novel of the same name, transports viewers to two distinct realms: Heaven, via iconic Chinese mythology, and…
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Irving Holmes Wong, who previously held senior management positions at Avon, Bacardi-Martini, Revlon, and L’Oreal, will join Pandora as senior vice president and general manager of the Greater China cluster,…
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The launch will be via a joint venture with E-Shine, also a local partner of listed fashion company Septwolves Industrial. Desigual aims to reach an annual turnover of US$40 million…
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Uniqlo Owner Sees Big Profit Drop in China Due to Covid Restrictions
Fast Retailing < is a bellwether for how major global retailers are being impacted by Covid-related shutdowns in China, one of the biggest growth markets for many Western brands. China…
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AsiaChinaChinese FashionFashion BrandFashion Industry
Gap to Sell Greater China Units to E-commerce Firm Baozun
Dealmakers have seen opportunities for merger and acquisitions involving multinational firms that look to spin off their China units, as growth outlook in the country grappling with strict Covid-curbs remains…