HONG KONG, China — Goldman Sachs has agreed to provide a $120 million pre-IPO loan to Shanghai-based warehouse developer e-Shang, co-founded by U.S. private equity firm Warburg Pincus, e-Shang said on Thursday. Warburg has also raised its total investment to $200 million in the company it helped establish in 2011 with two local entrepreneurs.
HONG KONG, China — Esprit Holdings' chief is doubling down on a bet to fix the struggling clothing retailer he took charge of a year ago by revamping its existing business model and recreating it in the image of his former employer-now-rival, Zara.
BEIJING, China — Burberry Group Plc., the U.K.’s largest luxury-goods maker, is appealing a decision by Chinese regulators to restrict the company’s trademark “Check” pattern for leather goods.
Fresh from a circuit of Beijing, Shanghai and Hong Kong, Imran Amed shares his first-hand observations on China’s fast-changing fashion market.
SHANGHAI, China — Chinese globetrotters seeking some Western pizazz for their wardrobes in the chic boutiques of Place Vendome in Paris or London’s Mayfair are increasingly likely to end up pondering altogether more familiar garb.
HONG KONG, China — Esprit Holdings Ltd., the Hong Kong apparel seller which lost two executives in 48 hours in June last year, has appointed Rafael Pastor Espuch as new chief product officer amid slumping European sales.
NEW YORK, United States — Nike's key growth areas include China, women's sports and e-commerce, and the athletic gear maker plans to have $36 billion annually in revenue by fiscal 2017.