China

Asia’s leading jewellery group is launching the CTF • HUÁ Collection and investing in digital retail technologies to tap into the latest consumer trends and digital retail market opportunities. 

It was able to design its flagship store at an iconic pedestrian area in Shanghai within 30 days.

The company was lauded for its exceptional performance in cross-border e-commerce, offering discounted global health, beauty, and personal care products.

The opening celebrates the Maison's collection of exclusive fragrances L'Art & La Matière.

The deal with FRS will involve the opening of over 4,000 restaurants.

Lei Xu will be replaced by CFO Sandy Ran Xu.

PwC reveals how the DTC model leverages digital technology to deliver more personalised products, services, and experiences to new-age consumers.

The company recorded ‘flattish sales’ and a small operating profit overall. 

This came after the franchisee in China debuted on Hong Kong Stock Exchange.

This will help accelerate its Offline Plus Online platform strategy.

The company also plans to revamp its stores overseas.

21% of these consumers are ready to spend 16% of their income on luxury.

Except for Taobao Tmall, the other business can raise outside capital and pursue IPO.

The market is expected to expand to $53.9b by 2027, GlobalData reported. 

Brands may bank on Mangas and Animes, GlobalData said.