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.
There is a real opportunity to rebuild local manufacturing in a commercially viable and scalable way, argues Janice Wang.
Singapore’s retailers, already facing growing regional competition, are under the biggest pressure since the Asian financial crisis.
HONG KONG — Global Brands Group Holding Ltd., a brands management unit spun off from Li & Fung Ltd., begins trading in Hong Kong today.
Divia Harilela speaks to Rupert Sanderson and Hong Kong-based entrepreneur Bertrand Mak, who owns 100 percent of the brand’s China business, about the challenges of launching a niche label in the world’s largest luxury market.
HONG KONG, China — Tencent Holdings Ltd. allowed users of its WeChat instant-messaging app to sell goods online, bringing Asia’s largest Internet company into closer competition with China’s e-commerce giant Alibaba Group Holding Ltd.
As director of luxury retail at Savills, one of the world’s largest real estate firms, Beijing-based Timothy Coghlan connects Chinese landlords and international fashion brands to help broker deals for new retail stores in the world’s largest luxury market.
HONG KONG, China — Alibaba Group Holding Ltd's plans for a giant initial public offering in New York highlight vast potential for e-commerce in China - and the weak link the logistics industry must fix if explosive growth projections are to be reached.
HONG KONG, China — Alibaba Holdings Inc is in talks with major shareholders to reclaim a stake in fast-growing online-payments affiliate Alipay, The Wall Street Journal reported on Wednesday, citing people familiar with the matter.