China

Bvlgari wants to tap into China’s male fragrances market

The market is projected to surge at a 10% compound annual growth rate between 2023 and 2027.

4 days ago

Bvlgari wants to tap into China’s male fragrances market

The market is projected to surge at a 10% compound annual growth rate between 2023 and 2027.

4 days ago

Alibaba group net income soars over 130% in December quarter

This is despite softer demand as well as supply chain and logistics disruptions.

Tmall launches perfume advising services

Nearly 200 customers tried out the service on its launch.

Luxury retailers to expand China offerings to other festivals: report

Retail sales in the country have generally been stronger during cultural festivities.

Luxury sales in China to rebound to 2021 levels this year

This comes after the luxury market contracted in 2022.

China’s luxury market sees more ‘Very Important Clients’ despite 2022 contraction

VIC sales were higher than the 40% global average, Bain & Company reported.

China’s luxury market contracts by 10% in 2022

This is the first time the market shrunk in the last five years.

Customised, interactive experience key to attracting customers

Brands should offer personal touchpoints to customers, amongst others.

What could make shoppers switch to another luxury brand

Chinese consumers give emphasis on whether the brand is aligned with their identity.

Nearly 3 of 4 Chinese shoppers willing to switch to more sustainable brands

This is more common amongst younger consumers.

SHEIN names new chair for Latin America office

Marcelo Claure will lead the company’s Latin American strategy and stakeholder affairs.

China captures luxury brands despite headwinds: report

The luxury retail market will likely grow 6.1% and 6% in 2023 and 2024, respectively.

Beijing's retail market shows signs of steady development

Retail supply rose 16% in 2022 compared to last year.

Essential goods expected to lead China's retail sales recovery

The sales of non-essential goods are expected to show slower growth.

Is Gen Z becoming the bigger spender in China?

They are rapidly becoming the largest consumer base for luxury brands, KPMG said.

Long-term plans assessment needed for Shanghai’s retailers: report

Most brands in the city have been focusing on streamlining existing operations.

Alibaba names Wu Zeming as CTO in management reshuffle

He succeeded Li Cheng in the post immediately.