Agenda-setting intelligence, analysis and advice for the global fashion community.
"Alibaba Singles' Day Draws Record Sales Amid Economic Concerns" (Bloomberg)
"Alibaba Group Holding Ltd. flexed its e-commerce muscle by logging a record 91.2 billion yuan ($14.3 billion) in sales during its Singles' Day promotion."
"Louis Vuitton to Close Shops in China Amid Luxury Slowdown" (Bloomberg)
"Louis Vuitton is about to get smaller in China, and other luxury-goods makers may follow as the heady days of expansion in that market are over."
"Shanghai Shoppers: More Cracks in the Recovery" (The Financial Times)
"Spending is falling despite rise in official retail sales, pointing to broader weakness."
"China Plans Tighter E-Commerce Checks to Tackle Shoddy Goods" (Reuters)
"China will ramp up inspections of goods bought online, seeking to root out low-quality goods that have plagued firms like Alibaba Group Holding Ltd as well as the country's broader image."
"China's New 'Little Red Book': A Shopping App for Foreign Products" (The Wall Street Journal)
"With more than 15 million registered users and half-year sales of 700 million yuan (about $109 million) as of the end of September, the app has swiftly gained the attention of shoppers and investors both in China and abroad."
