About two dozen Chinese taste-makers gathered on a recent spring evening in Shanghai for an exclusive showcase hosted by online luxury retailer Mytheresa.com GmbH. In a red-brick colonial building near the historic Bund district, they wined and dined with stylists and executives as four up-and-coming Chinese designers spoke about the inspiration behind the hand-embroidered dresses…
LVMH is shifting resources out of Hong Kong, reflecting waning interest in what used to be Asia’s premium shopping hub as mainland Chinese consumers switch to shopping at home. The top global luxury conglomerate wants to focus more of its investment in burgeoning metropolises such as Shanghai, Chengdu, Guangzhou and Shenzhen as Hong Kong loses…
Foreign consumer brands are flocking to China’s tropical island of Hainan, riding on hopes for a post-pandemic economic recovery to drive a revival in tourism and local demand….
The coastal city of Shenzhen has boasted about being the City of Livestream E-commerce in China with the sector expecting to knock out sales of 300 billion RMB (43.68 billion USD) by 2025, as per the latest action plan introduced by the local authority on 24 March.
Other goals set out in the document include accelerating the building of livestream e-commerce infrastructure, incubating at least 50 relevant industrial parks, and establishing “one-stop” livestream e-commerce bases which integrate livestream facilities, stage set-up, content production and product display…
China’s consumer spending returned to growth in the first two months of 2023, in an early sign of an economic recovery that the government warned remains fragile after years of pandemic restrictions.
Retail sales rose 3.5 per cent year on year in the first two months of 2023, compared with declines in each of the previous three months. Activity in the debt-stricken property sector also pointed to a positive trajectory….
Planning to enter the Chinese market? Timely considerations minimise your risks and help you succeed.
FirstShotz, is a no risk digital marketing and distribution agency based in Shenzhen. Their business development manager, Christine Tan shares her 5 tips on product strategy in China.
Entering the Chinese market is complex. Investors have found it not only difficult but also costly. In this highly competitive environment, marketing needs significant resources. ….
China’s e-commerce livestream industry has witnessed exponential growth over the past three years, and among the opponents, Yowant, Dongfang Zhenxuan and Jiaoge Pengyou have all risen to prominence in the arena….
Vietnamese exports to China will no longer be subject to Covid testing from January 8th, the Ministry of Industry and Trade has announced. The ministry urged localities and businesses to update goods…