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2 mins read
Nike and Adidas saw their online sales plummet in China over the Xinjiang cotton boycott
Chinese consumers are boycotting western brands for criticizing alleged forced labor cotton practic…
Mary Hanbury
4 mins read
Why Ralph Lauren, the all-American luxury brand, is a hit in China
As luxury brands struggle to resonate with Chinese consumers, Ralph Lauren is thriving by leaning i…
Maria Noyen
2 mins read
China's luxury market has been in a slump, and we're about to find out how bad it really is
Bellwether LVMH reports third-quarter revenue on Tuesday, which could indicate how the rest of the …
Lian Kit Wee
2 mins read
Luxury brands are slashing prices in China
Luxury brands like Burberry and Balenciaga have been offering big discounts in China to try to reel…
Alexandra Bacon
3 mins read
The luxury outlook in China just keeps getting worse
Gucci's parent company said on Wednesday that it continued to see a "deceleration" in Asia-Pacific …
Lian Kit Wee
2 mins read
Chinese retail giants tried to juice spending with iPhone and Lululemon discounts in an annual shopping bonanza
618 is seen as a key indicator of China's general retail temperature — and early results were…
Shubhangi Goel
6 mins read
These are the 5 luxury items China's Gen Z is going nuts for, a retail expert says
A retail expert told BI there are 5 luxury items Chinese Gen Zers love, and it looks like the quiet…
Aditi Bharade
3 mins read
It looks like the party's over for luxury goods in China
Luxury retailers say they've been hit by slumping sales in China, while tourism spending in Japan b…
Grace Dean
3 mins read
The Chinese economy is so bad, even Chinese people can't be enticed into buying dirt-cheap mega-sale items
The 618 sale, which normally draws in billions, reported its first sales dip in eight years, showin…
Aditi Bharade
2 mins read
Jack Ma's Alibaba was once China's answer to Silicon Valley giants – but its turnaround plan appears to be in trouble
The Chinese tech firm was once Asia's most valuable company, but insiders say it's struggling with …
Hasan Chowdhury
2 mins read
Alibaba is so confident Beijing's tech crackdown has ended that it has just listed over 2,000 jobs for fresh graduates
Alibaba's massive recruitment drive comes at an opportune time for China's young graduates after yo…
Huileng Tan
1 min read
Meet the new CEO of Alibaba
The leadership shake-up comes months after Alibaba, which is the third-most valuable company in Chi…
Lina Batarags
2 mins read
Jack Ma reportedly proposed a restructure at Alibaba, and it has echoes of what's been happening at Meta
Alibaba cofounder Jack Ma retired from the company in 2019, but he was back advising the company in…
Huileng Tan
1 min read
Alibaba to make significant job cuts amid IPO plans
Chinese internet giant Alibaba is making significant job cuts, reportedly around 7 per cent of its …
2 mins read
Disney's best-selling line of toys in Asia is a fluffy bear you've probably never heard of
Duffy and Friends is Disney's top-selling franchise in Asia. LinaBell, his pink fox friend, is also…
Huileng Tan
1 min read
Alibaba showcases its ChatGPT-style service
Alibaba showed off its version to the ChatGPT craze demonstrating new software that it plans to eve…
ANI
3 mins read
10 Things in Tech: Low morale at Microsoft
In today's edition: Meet the new CEO of Alibaba, workers are hiding their AI productivity hacks fro…
Hallam Bullock
2 mins read
Luxury brands like Burberry and Coach are cashing in on Singles' Day shopping in China by creating limited edition NFTs for the event
The Singles' Day NFT offerings were slated to run from October 20 to November 11, but many of them …
Huileng Tan
2 mins read
Nike is going all in on luxury-obsessed Gen Z
Nike CEO John Donahoe said the brand is focused on Gen Z in China. It's not the only sneaker brand …
Danni Santana,Matthew Kish
2 mins read
China's top livestreamer resurfaces 3 months after his show was cut short as he was showing off a military tank-shaped cake on the eve of the Tiananmen massacre
Fifty million viewers tuned in to watch the "Lipstick King's" return to livestreaming. He sold a ra…