Chanel Plans to Keep Investing in China Despite Demand Downturn
CEO Leena Nair pointed to the brand’s recent renovation of its Plaza 66 boutique in Shanghai, calling China ‘a market where the clients understand sophistication, refinement.’
Global Markets
A guide to unlocking opportunity in emerging and frontier fashion markets.
Alibaba Praised for Ad Recognising Same-Sex Couples
Depictions of the LGBTQIA+ community in Chinese media are rare, but that hasn't stopped the advert from being circulated widely on social media.
Report: Alibaba Undercuts Amazon to Woo Wary European Brands
China's e-commerce giant is targeting key markets such as Spain with reduced monthly fees and commission for vendors, according to sources familiar with the matter.
Jakarta Bans Plastic Bags From Shopping Malls
Retailers in the Indonesian capital will be required to provide eco-friendly carrier bags or potentially face fines between $360 and $1,800.
Want to See the Future of Social Media? Look to Asia.
Global fashion brands are still learning how to leverage powerful apps like WeChat and TikTok, but Asia’s digital ecosystem has already hatched the next generation of social platforms. With hundreds of millions of users ready to be converted into consumers, brands need to invest now.
Hong Kong Retail Sales Suffer 10th Consecutive Monthly Drop
Ongoing anti-government protests are impacting both high-end retailers and small business owners as tourists stay away.
India Conglomerate Launches Online Store to Take on Amazon
JioMart, backed by Asia's richest man, promises more than 50,000 grocery products, free home delivery and a return policy that asks no questions.
‘Secret’ Indian Ateliers Keep Luxury Brands Buoyant
Hermès, Gucci, Prada and Christian Dior have all tapped ateliers in India to do exquisite handwork for the catwalk, but other luxury brands shroud their Indian connections in secrecy. Why?
The Year Ahead: Beware Asia's Cross-Border Challengers
Expect greater competition from hitherto unknown players in the Asian supply chain who design popular items to sell at affordable prices using cross-border e-commerce platforms.
Trump Says He and Xi Will Sign China Trade Deal
Beijing has not yet confirmed specific components of the deal that were released by U.S. officials.
U.S. and China Reach ‘Phase-One’ Deal Easing Trade Tensions
Washington and Beijing have been in a trade war for almost two years, involving almost $500 billion in products shipped between the two nations hit by tit-for-tat tariffs.
Online Battle Heats Up in Latin America
Despite social unrest and a sluggish economy, Latin America’s fashion e-commerce sector is forecast to grow by more than 20 percent each year from 2019 to 2021. Here’s how to get in on the action.
Deadly Factory Fire ‘Symptom’ of Fashion’s Safety Failings
The blaze in an illegal and unsafe New Delhi factory killed more than 40, shining a spotlight on the serious safety failures that persist in fashion’s murky and convoluted supply chain.
THE NEWS IN BRIEF
Fashion Empire Azzas 2154 to Split Two Years After Failed Merger
Both companies that previously comprised one of Brazil’s largest apparel exporters will retain a stake in Farm Rio after separating.
Indian Fashion Retailer Purple Style Labs Plans IPO
The Bollywood star-backed company behind multi-brand retailer Pernia’s Pop-Up Shop will launch its share sale next week as it taps demand for luxury wedding and occasion wear.
Trump Picks White House Ally Overton to Lead Embattled FDA
The US president chose an ally to steady an agency shaken by staff losses, low morale and fights over vaccines and drug approvals.
Russian E-Tailer Wildberries Hit by Wave of Ukrainian Drone Strikes
The e-commerce giant has seen at least 20 warehouses attacked since mid-July as Kyiv steps up strikes inside Russia and Moscow intensifies its bombardment of Ukraine, more than four years into its full-scale invasion.
Adidas Shares Plunge After World Cup Spend Dents Profit
Shares in the company fell the most on record after its marketing outlay for the World Cup resulted in lower-than-expected quarterly profit.
Chinese Jeweller Laopu Gold’s Shares Drop on Growth Outlook
The jeweller lost $2.1 billion in market value after forecasting first-half 2026 revenue growth of up to 66 percent, a sharp slowdown from last year that unsettled investors in one of China’s most viral consumer brands.
US Businesses File Lawsuit Challenging New ‘Forced Labour’ Tariffs
Two small businesses, backed by the group that successfully sued over previous tariffs, say the new policy similarly exceeds the president’s authority to tax imports.