Fast Retailing Gains in Hong Kong Debut, Aims For Bigger China Profile

Uniqlo | Source: Bloomberg

HONG KONG, China — Uniqlo owner Fast Retailing Co Ltd climbed 7 percent in its Hong Kong trading debut — a listing aimed at raising its profile in China where it plans to expand aggressively as part of its bid to become the world's top clothing firm.

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Sina Hires Credit Suisse, Goldman for $500 Million Weibo U.S. IPO

Sina Corporation's Weibo.com | Source: Shutterstock

HONG KONG, China — Sina Corp has hired Credit Suisse AG and Goldman Sachs Group Inc for a U.S. initial public offering of its Sina Weibo microblogging service worth about $500 million, a source familiar with the plans said on Monday.

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Jean-Marc Loubier of First Heritage Brands on Bridging East and West

Jean-Marc Loubier | Source: Courtesy

Divia Harilela sits down with Jean-Marc Loubier, chief executive of First Heritage Brands, an investment arm of the Fung Group which owns Robert Clergerie, Delvaux and Sonia Rykiel, to talk about his global investment strategy.

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Female Fashion Addicts Change China’s $19 Billion Market

Louis Vuitton in Shanghai | Source: Flickr

BEIJING, China — Lisa Yan is the new face of the Chinese luxury consumer: female and fashion-forward. The 26-year-old finance saleswoman checks social media daily to see what celebrities or friends are wearing. She wears Burberry coats, alternates between a light blue Valentino bag and a black Dolce & Gabbana one for work, and reads magazines such as Vogue.

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Luxury in China Loses Lustre as Wealthy Flee

Dior store in Beijing | Source: Shutterstock

HONG KONG, China — Wealthy Chinese are likely to buy fewer luxury goods again this year after the steepest cut-back on spending in at least five years, changing the game for high-end retailers like Louis Vuitton which have staked their growth on China.

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Philippe Schaus of DFS on Tapping the Growing Travel Retail Market

Philippe Schaus, chairman and CEO of DFS Group | Source: DFS Group

Divia Harilela sits down with Philippe Schaus, chairman and CEO of DFS Group, to discuss the growing travel retail market, the spending patterns of Chinese travellers, and the evolution of DFS.

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