Tag : China
Fashion retailers are becoming increasingly concerned about the impact of the Covid-19 coronavirus on stock for autumn 20 and the longer-term effects that could be felt for the next “six to 12 months”.
Coronavirus: the fallout in fashionSubscription
Coronavirus continues to wreak havoc across the global economy. Drapers looks at the impact on fashion supply chains, how retailers are responding and how the shut-down in China could lead to long-term changes to sourcing habits.
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).
Self-Portrait to expand in ChinaSubscription
Contemporary womenswear brand Self-Portrait has signed a joint venture with luxury Chinese brand Shenzhen Ellassay Fashion to expand its Chinese business.
Inside JD.com’s robot-powered revolutionSubscription
Drapers visits Chinese ecommerce giant JD.com’s headquarters to find out how developments in its fulfilment capabilities could benefit UK brands.
Leading American footwear companies have written to US president Donald Trump, urging him to “immediately remove” footwear from the proposed tariffs list of Chinese imports.
Tax-free sales to overseas tourists in the UK will increase by 4% year on year over the next 90 days, the latest research shows.
Canada's golden goose Subscription
With the launch of footwear on the cards and a Beijing flagship about to open, luxury outerwear brand Canada Goose is primed for growth.
Can D&G recover from its China crisis? Subscription
Dolce & Gabbana’s most recent scandal, caused by a culturally insensitive advertising campaign, has harmed its business in China. Drapers investigates whether the damage can be reversed and what lessons can be learned.
Singles' Day smashes sales recordsSubscription
Chinese ecommerce giant Alibaba shattered its sales records during the Singles’ Day shopping event, with $1bn (£780m) worth of goods sold in under two minutes.
China’s rising digital stars Subscription
Alibaba and JD.com remain prominent, but several other platforms are making big inroads into the world’s biggest ecommerce market. Drapers investigates China’s emerging online leaders.