Alibaba and Tencent spent more than $8 billion last year alone backing often strikingly similar ventures, as the Chinese Internet giants race to create online one-stop-shops to win the digital loyalty of a tenth of the world’s population.
From Paris to New York, purveyors of luxury goods are teaching staff Mandarin, offering traditional New Year “hongbao” gifts and flocking to social media sites as well-heeled Chinese tourists pack their bags to ring in the Year of the Goat abroad.
The wholesale business is finally getting more organised in China, encouraging the growth of a more robust domestic distribution network.
China’s Alibaba Group Holding Ltd plans a major move to win U.S. business this year, by offering American retailers new ways to sell to China’s vast and growing middle class.
China has allowed foreign investors to fully own e-commerce companies in Shanghai’s free trade zone as part of a pilot scheme.
Chinese workers and overseas students in Russia have been snapping up goods at low prices caused by the steep fall in Russian rouble rates before brands can adjust them. These shopping agents, known as “daigou,” stockpile the products before selling them at a profit to buyers back home.
Next up in our ongoing series on fashion’s most influential bloggers and their business models, BoF speaks to the irrepressible Chinese fashion blogger known as Gogoboi.
BoF editor-in-chief Imran Amed recaps the week in the business of fashion.
The French, English and even Arabic editions of the world’s most elite fashion magazines are bending over backwards to speak to the rising flow of Chinese tourists in their own language.
On Wednesday night, leading professionals from the Chinese fashion industry gathered in Shanghai to celebrate the launch of BoF China.
In China’s fashion market, making a statement used to be a matter of muscle and might. But ‘doing things big’ is no longer the only way to succeed.
When it depends on one nation more than ever before, how concerned should the global fashion industry be about a less-than-feverish Chinese market?