The upcoming Alibaba IPO is expected to raise north of $21 billion when it debuts on the New York Stock Exchange, but American retail investors show lacklustre enthusiasm.
From the vast, goat-populated plains of Inner Mongolia, ‘cashmere princess’ Jane Wang is spinning a winning formula of handcrafted luxury knitwear and strategic business savvy.
Three billionaires from China’s property and Internet industries are forming an online shopping venture to challenge Alibaba Group Holding Ltd. as it heads toward what may be the biggest initial offering in the U.S.
While leveraging Key Opinion Leaders (‘KOLs’) in China can be a useful marketing tool, luxury brands must do their homework if they expect to see real results, argues Avery Booker.
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Revenue from US customers like Target helped lift Li & Fung’s first-half profit by 16 percent.
Stuck in a ‘catch-22’ in its relationship with luxury brands, Chinese e-commerce juggernaut Alibaba should take a page from Google, maximising revenue in the short term, while buying critical time to build enduring relationships with Western brands, argue Brian Buchwald and Joshua Neckes.
Prada SpA, the Milan-based luxury handbag maker, posted the slowest half-yearly sales growth in three years as demand weakens in some Asian countries and in Europe amid economic and political uncertainties.