The China Edit | V-Grass's Growth Plan, Coach Exits TMall, Avoiding Europe

"V-Grass Fashion Outlines Plan to Rule Chinese Fashion World" (Bloomberg)
"V-Grass has an audacious plan to become the Valentino of the Chinese fashion world, and buying a South Korean fast-fashion brand with more than six times as many stores in China is part of its move to get there."

"Coach Closes Handbag Shop on Alibaba's TMall" (The Wall Street Journal)
"Coach said it would continue to provide online shopping via its own website and its WeChat account."

"Can Europe Bounce Back From Its Lull in Chinese Tourists?" (Jing Daily)
"Chinese tourist numbers to Paris were down 5.7 percent in August, and the city has suffered a major loss of revenue this year, with flight bookings to France dropping 20 percent after July."

"Under Armour Ups Its Pace in China" (South China Morning Post)
"Sportswear company's founder and CEO teams up with NBA star Stephen Curry for a whistle-stop, five-day nationwide push for more fans."

"Alibaba's Delivery Service Wants Backers Who Don't Mind Losses" (Bloomberg)
"The company's delivery affiliate Cainiao needs funds to continue its investment in its distribution network, but it only wants the backing of investors who endorse its model of incurring losses to build scale."