BoF reflects on the past decade, examining the trends that shaped China’s fashion, beauty, luxury and retail landscape, from the fall of foreign fast fashion brands, to Hong Kong’s pro-democracy protests.

The petition carried the hashtag #HereForJingyao, with signatories including Chinese students at foreign universities as well as in China.

Jingyao Liu, a 21-year-old University of Minnesota student at the time of the incident, charged the Chinese company and its employees played a key role in the alleged rape by CEO Richard Liu.

The self-made billionaire took a major reputational hit this week as his mug shot from an arrest in a US sexual misconduct case rifled around the internet.

In the two days of trade since the arrest, JD.com has lost $7.2 billion or 16 percent of its market value, also hurt by fears that the case will turn customers away from its website.

Richard Liu, who was arrested in Minnesota, US on a charge of criminal sexual conduct, was 'released pending complaint.' JD.com says Liu was falsely accused.

Richard Liu has his eyes on the affluent consumers of Europe and the U.S. as he makes substantial investments in the infrastructure needed to supply millions of customers around the world.

This week, the luxury resale company wants to raise $100 million in funding, while JD.com's Richard Liu says AI will take over retail.