Chinese 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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Chinese Fashion
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AsiaChinese FashionFashionFashion BrandFashion TrendFeatured
As China Reopens, Fashion and Beauty Brands Can Prepare to Regain Sales
After three years of Covid restrictions — which fueled protests following a deadly fire in a lockdown apartment — China lifted some draconian measures this month. The Chinese public can finally see an end…
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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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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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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…
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AsiaChinaChinese FashionFashion
Hermes Expands in Nanjing as Luxury Industry Bets on Chinese Return
by Jude Turnerby Jude TurnerHermes, which first opened a store in the city in 2010, has now relocated to the upscale mall Deji Plaza, with a wider product selection spread across two floors, from…
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AsiaChinese FashionFashionFashion BrandJapanJapan's Fashion
Uniqlo Parent Says Profit Slipped as Japan, China Drag Growth
by Audrey Marshby Audrey MarshA day after announcing plans for big wage rises, the company said operating profit had been 117.1 billion yen ($889.82 million) in the three months to the end of November,…
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AsiaChinaChinese FashionFashionFashion BrandFashion Industry
Chinese Fast-Fashion giant Shein Set to Raise $2.7b, Eyes US IPO Later This Year: Sources
by Audrey Marshby Audrey MarshThe United Arab Emirates’ sovereign wealth fund, Mubadala, is a major investor in this round, as are existing investors, private equity firm General Atlantic (GA) and venture capital group Sequoia…
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AsiaChinaChinese FashionFashion Brand
Hong Kong twin jewellery shows return in brand-new hybrid format
by Cole Burkeby Cole BurkeORGANIZED by the Hong Kong Trade Development Council (HKTDC), the Hong Kong International Jewellery Show and the Hong Kong International Diamond, Gem and Pearl Show are set to return under…
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BeautyBusinessChinaChinese FashionUnited States
U.S. demand boosts L’Oreal fourth-quarter sales, China weighs
by Angel Woodsby Angel WoodsL’Oreal posted 8.1% sales growth in the fourth quarter, a touch slower than in the previous three months, with firm demand in the United States and Europe helping to offset the…
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