Unilever Sales Rise More Than Expected, Led by Beauty
Unilever Plc sales jumped more than expected in the first quarter as Chief Executive Officer Hein Schumacher pushes ahead with his turnaround plan and shoppers come back to premium brands.
Jessica Liu
Think Twice Before You Snub Taobao
Taobao used to be synonymous with cheap, trendy and sometimes counterfeit fashion, but China’s largest e-commerce platform is now gaining fashion cred as more cool young designers credit it with their success.
Tmall: An Incubator for China’s Emerging Designers
BoF meets with Tmall executives and four designers showing as part of the marketplace’s ‘China Cool’ programme to discuss the growing influence of Chinese designers.
Online Shopping in China Goes Luxury, With Men in Black Delivering Hermes
Chinese consumers are making more and more of their purchases online, forcing global luxury companies to rethink decades-old strategies and test new ones tailored to the Chinese market.
Andrew Wu, Shangguan Zhe, Lauren Santo Domingo and Shaway Yeh to Headline the BoF China Summit 2019
At next month’s gathering of Chinese and global industry leaders, founders, rule-breakers and pioneers will take centre stage.
Navigating New Business Frontiers at the BoF China Summit
Executives from Tmall, Tencent, Gucci, Ermenegildo Zegna, Harrods and Bulgari gathered during Shanghai Fashion Week to debate hot-button issues at the BoF China Summit.
Fashion Designers Boldly Embrace Their Chinese Heritage
In the past, cultural identity took a backseat to vocational aspirations. Not so for the new generation of designers of Chinese descent.
China
Marco Bizzarri, Jessica Liu, Xiao Xue, Gildo Zegna and Chen Xiaodong to Headline BoF China Summit
Following the success of last year’s inaugural event, the BoF China Summit is back to spark debate among global executives, Chinese fashion industry leaders and our China-based community during Shanghai Fashion Week.
Marco Bizzarri, Jessica Liu, Xiao Xue, Gildo Zegna and Chen Xiaodong to Headline BoF China Summit
Following the success of last year’s inaugural event, the BoF China Summit is back to spark debate among global executives, Chinese fashion industry leaders and our China-based community during Shanghai Fashion Week.
Chinese E-Commerce Giants Battle for Luxury Supremacy
Alibaba’s Luxury Pavilion and JD.com’s Toplife are going head-to-head, but which of these specialised platforms is a better partner for luxury brands?
Company Snapshot
The fashion gatekeeper of China’s biggest B2C online platform brought brands like Burberry and Zara into the country’s e-commerce market.
The News in Brief
Brands Owed Millions After Matchesfashion Collapse
The administrators said the retailer’s 541 known unsecured creditors are owed at least £35.6 ($44.2 million) but are unlikely to collectively receive more than £800,000 ($996,000), or “less than a penny in the pound.”
Biden Signs Possible TikTok Ban Into Law; ByteDance Vows Legal Challenge
President Biden signed the bill that gives China-based ByteDance 270 days to divest TikTok’s US assets or face a ban.
Google Postpones Phasing Out of Ad Cookies in Chrome Browser
The Alphabet Inc. company said in a blog post Tuesday that it’s still working with the ad industry and regulators on the plan.
Sales at Italy’s Moncler Up 16% in First Quarter Boosted by China
Overall revenues for the three months through March totalled 818 million euros ($874 million), above a company-provided analyst consensus of 786 million euros.
PZ Cussons to Sell St Tropez, May Exit Africa
Embattled by weak demand and currency issues in Nigeria, the company is looking to slim down in order to return to growth.
EU Parliament Approves New Business Supply Chain Audit Law
EU lawmakers backed the Corporate Sustainability Due Diligence Directive by 374 votes to 235 against, with 19 abstentions.
Italy Fines Amazon 10 Million Euros for Alleged Unfair Commercial Practices
Amazon “significantly restricted consumers’ freedom of choice” by automatically pre-setting a ‘Subscribe and Save’ option, the regulators said.