Tag : China
Burberry warns on coronavirus Subscription
British luxury brand Burberry has warned that the coronavirus outbreak has resulted in a “material negative effect” on luxury demand in the Chinese market.
Nike has announced the temporary closure of half of its stores in China as the coronavirus outbreak continues to develop.
British luxury brand Burberry has announced it is to show its autumn 20 collections in Shanghai this April – the latest in a series of measures to boost growth and engagement in the Chinese market.
Harrods to open first store outside UKSubscription
Luxury London-based department store Harrods is reportedly set to open a new store in China next year, its first store outside the UK.
Alibaba sales hit £30bn this Singles' DaySubscription
Chinese retailer Alibaba Group generated RMB268.4bn (£29.8bn) in sales during yesterday’s Singles’ Day shopping extravaganza.
Alibaba hires executives to expand UK portfolio Subscription
Chinese retail giant Alibaba has reportedly hired a small team of executives at its London offices to build a UK portfolio.
Net-a-Porter launches on Tmall Luxury Pavilion Subscription
Net-a-Porter is to launch a flagship store on Tmall Luxury Pavilion, the premium platform owned by Chinese etailer Alibaba Group.
China's challenges tarnish Golden Week Subscription
Political unrest and economic instability overshadow the typically big-spending week-long national holiday in China this year.
When Radley was bought by private equity firm Bregal Freshstream in 2016, the business was well-established in the UK, but under-represented internationally, writes CEO Justin Stead.
JD.com back in the black Subscription
Operating profit at Chinese etailer JD.com increased 324% year on year in the second quarter, up from a loss of $147.4m (£122m) in 2018 to a profit of $330.2m (£273.4m).