Saks Ends E-commerce Partnership With Amazon
The end of the luxury retailer’s partnership with Amazon, arrives two years after the e-commerce giant made a $475 million investment in Saks, Reuters reported.
China
Global Markets
China Luxury Market Forecast to Rebound in 2026, Bain Says
The consultancy expects a ‘modest’ expansion of the mainland luxury market this year but warned that recovery would be fragile and uneven across brands and categories.
China Luxury Market Forecast to Rebound in 2026, Bain Says
The consultancy expects a ‘modest’ expansion of the mainland luxury market this year but warned that recovery would be fragile and uneven across brands and categories.
Global Markets
Second-Tier Cities Are Critical to Reviving Luxury Growth in China
Hubs like Nanjing and Changsha are drawing increased attention from brands such as Louis Vuitton and Burberry as middle-class consumers relocating from Beijing and Shanghai in search of higher quality of life take their appetite for luxury goods with them.
Second-Tier Cities Are Critical to Reviving Luxury Growth in China
Hubs like Nanjing and Changsha are drawing increased attention from brands such as Louis Vuitton and Burberry as middle-class consumers relocating from Beijing and Shanghai in search of higher quality of life take their appetite for luxury goods with them.
Global Markets
Top Designers Shed Secrecy Around Work for Chinese Brands
The growing power, prestige and global ambition of Chinese brands has ended the era of discretion for fashion heavyweights, with figures such as ex-LVMH designers Kim Jones and Kris Van Assche now publicly promoting their roles at Bosideng and Anta respectively.
Top Designers Shed Secrecy Around Work for Chinese Brands
The growing power, prestige and global ambition of Chinese brands has ended the era of discretion for fashion heavyweights, with figures such as ex-LVMH designers Kim Jones and Kris Van Assche now publicly promoting their roles at Bosideng and Anta respectively.
Retail
Despite Tariffs, China Consumer Giants Push Into the US As Domestic Market Stalls
Brands like Urban Revivo and Pop Mart are expanding into the US retail market to seek higher margins and offset slower domestic spending.
Despite Tariffs, China Consumer Giants Push Into the US As Domestic Market Stalls
Brands like Urban Revivo and Pop Mart are expanding into the US retail market to seek higher margins and offset slower domestic spending.
ADVERTISEMENT
Global Markets
China’s Singles’ Day Shopping Winds Down With ‘Muted’ Sentiment, Sales Expectations
The world’s largest shopping event failed to spark widespread excitement as ongoing consumer malaise tempered spending.
China’s Singles’ Day Shopping Winds Down With ‘Muted’ Sentiment, Sales Expectations
The world’s largest shopping event failed to spark widespread excitement as ongoing consumer malaise tempered spending.
Luxury
Luxury Brands Turn On the Charm in China to Kindle Spending Recovery
Companies are shifting focus from rapid expansion to deeper engagement with wealthy consumers as they seek growth in the uncertain market.
Luxury Brands Turn On the Charm in China to Kindle Spending Recovery
Companies are shifting focus from rapid expansion to deeper engagement with wealthy consumers as they seek growth in the uncertain market.
Global Markets
China’s Golden Week Holiday Spending Falls in Latest Red Flag for Economy
Average spending during the recent Golden Week holiday dipped to a three-year low, indicating continued weak consumer confidence amidst various economic pressures.
China’s Golden Week Holiday Spending Falls in Latest Red Flag for Economy
Average spending during the recent Golden Week holiday dipped to a three-year low, indicating continued weak consumer confidence amidst various economic pressures.
Beauty
China’s Consumer Price Wars Are Coming for Botox and Skincare
First, the deflation sweeping China’s economy came for its cars and fast food. Now it’s coming for Botox and photorejuvenation.
China’s Consumer Price Wars Are Coming for Botox and Skincare
First, the deflation sweeping China’s economy came for its cars and fast food. Now it’s coming for Botox and photorejuvenation.
ADVERTISEMENT
Global Markets
Chinese Zara Rival Urban Revivo Steps Up Global Push With New Stores in Fashion Capitals
The fast-fashion retailer is expanding with new store openings in London, New York, and Hong Kong, aiming for 200 overseas locations within five years.
Chinese Zara Rival Urban Revivo Steps Up Global Push With New Stores in Fashion Capitals
The fast-fashion retailer is expanding with new store openings in London, New York, and Hong Kong, aiming for 200 overseas locations within five years.
Retail
Forever 21 Looks to Resurrect China, North America Businesses With New Partners
The fast-fashion brand is making its fourth attempt to re-enter the Chinese market, by localising operations and targeting young consumers, while also seeking a new partner for its North American relaunch.
Forever 21 Looks to Resurrect China, North America Businesses With New Partners
The fast-fashion brand is making its fourth attempt to re-enter the Chinese market, by localising operations and targeting young consumers, while also seeking a new partner for its North American relaunch.
Retail
Pop Mart’s New Mini Labubu Doll Sells Out Instantly in China
The robust demand in China bodes well for launches in major overseas markets including the US, Thailand and Australia, where the toys will be available online starting Friday morning.
Pop Mart’s New Mini Labubu Doll Sells Out Instantly in China
The robust demand in China bodes well for launches in major overseas markets including the US, Thailand and Australia, where the toys will be available online starting Friday morning.
Retail
Pop Mart CEO Says Labubu-Maker’s Revenue Could Hit Over $4 Billion This Year
The toy company saw its half-year profits soar nearly 400 percent, driven by overwhelming demand for its collectible toys like the Labubu doll.
Pop Mart CEO Says Labubu-Maker’s Revenue Could Hit Over $4 Billion This Year
The toy company saw its half-year profits soar nearly 400 percent, driven by overwhelming demand for its collectible toys like the Labubu doll.
The News in Brief
Prada Cuts Ties With Over 200 Suppliers After Labour Abuse Audit
Since the audit began in 2020, the Milanese fashion group found that more than a quarter of suppliers and subcontractors inspected had broken compliance rules.
Indian E-Commerce Firm Meesho’s Quarterly Loss Spikes as It Ramps Up Marketing
Meesho has carved out a niche for itself by offering low-priced products without charging sellers a commission.
Swatch Gives Upbeat Growth Outlook After Second-Half Rebound
The owner of Omega and Longines said positive sales momentum that accelerated over the fourth quarter continued in January across all price ranges, with CEO Nick Hayek flagging a pickup in China.
Church & Dwight Exceeds Outlook On Stronger Sales
The personal care giant cited Hero acne products and the 2025-acquisition of Touchland hand sanitiser as growth drivers.
Astra Signs Obesity Drug Deal in China Worth Up to $18.5 Billion
AstraZeneca agreed to pay Chinese company CSPC Pharmaceutical Group Ltd. as much as $18.5 billion for its obesity drug candidates, as the UK drugmaker tries to push into the growing weight-loss market.
Givaudan Sales Slowdown Sends Fragrance Maker’s Shares Falling
The Swiss firm missed expectations for yearly organic sales growth on Thursday, as weaker performance of its flavours business outweighed resilient growth in fine fragrances.
Winter Games in Italy Attract Luxury Brands Seeking Global Stage
Luxury fashion brands are seeking to capitalise on the Milano Cortina Winter Olympics, opening boutiques, sponsoring teams and launching collections.