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China

Instagram-Like Xiaohongshu Makes Inroads with E-Commerce Sales

The platform has long been one of China’s most important marketing tools, but until now has struggled to become a sales engine for brands.

Technology

TikTok’s New Amazon Copycat Is Full of Cheap Chinese Goods

The app’s Shop feature, which has gone live for some US users, is plagued by the same problems with a free-for-all marketplace Amazon has faced.

Retail

The Asian Retailer Outgunning Amazon and Walmart in South Africa

Shein, founded in China, is gaining a foothold in a nascent e-commerce market in the most industrialised country in Africa and is squaring up to US giants Walmart Inc. and Amazon.com Inc., who want to do the same.

Global Markets

Worldview: China Loans Plunge to 14-Year Low, Adding to Deflation Risk

This week’s global markets round-up of fashion business news also features Turkey’s retail sales rose 28.5 percent year on year in June, South Indian mills cut discounts amid rising cotton prices and 422 facilities are named on Pakistan Accord’s first supplier list.

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Marketing

How Luxury Finally Cracked TikTok

Higher-end fashion labels have become more prolific on the short-form video app in 2023. BoF unpacks how brands are growing buzz on TikTok.

Beauty

Beauty TikTok’s Latest Obsessions: Filters Prove Their Relevance

Filters take centre stage on BeautyTok this week, namely the Age, Barbie and Celebrity Makeup Brands filters.

China

BoF Masterclass | Dynamic Journeys: China’s Luxury Shoppers at Home and Abroad

This Masterclass explores how global luxury brands and retailers can adapt to China’s shifting shopping landscape.

Global Markets

Worldview: India’s Jewellery Giants Accelerate International Expansion Plans

This week’s round-up of fashion business news from global markets also features Japanese apparel major Sanyo Shokai, Dubai’s lab-grown diamond sector and Mexico’s beauty services start-up Glitzi.

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China

BoF Insights | Dynamic Journeys: China’s Luxury Shoppers at Home and Abroad

Chinese fashion and beauty customers — long pivotal for the global luxury market — are reshaping how and where they shop, according to BoF Insights’ new report.

Technology

TikTok Rivals Amazon With $20 Billion Shopping Pilot

The social media platform’s shopping program is its fastest-growing feature, with a burgeoning fan base in Southeast Asia.

Global Markets

China’s Shein Denies Filing for IPO in US

Also in this week’s Worldview, De Beers strikes a deal with Botswana over rough diamond production and Lotte Duty Free opens a Korean fashion pavilion in Japan.

Beauty

Beauty TikTok’s Latest Obsessions: New Releases and Old Makeup Techniques

This week, TikTok couldn’t get enough of new products from Rare Beauty and Rhode, E.l.f.’s collaboration with influencer Mikayla Nogueira and the return of “baking.”

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