Fosun

Importers of Chinese-made footwear and apparel are staring down the barrel of a 25 percent tariff. Why is the response from China so muted?

Chinese backers have snapped up distressed European fashion labels hoping to tap the country’s millions of heritage-hungry millennials. But things haven’t always gone to plan.

The Chinese conglomerate is further expanding its reach into Europe's fashion sector with a bid for struggling struggling clothing retailer Tom Tailor.

Bruno Sialelli has been appointed as creative director of the French luxury fashion house.

The Chinese conglomerate will pay 33 million euros for a majority stake in the loss-making luxury textiles maker.