Estée Lauder-backed New Incubation Ventures (NIV) announced it has invested in China’s Melt Season, serving as the incubator’s first foray into the Chinese fragrance market.…
Estée Lauder-backed New Incubation Ventures (NIV) announced it has invested in China’s Melt Season, serving as the incubator’s first foray into the Chinese fragrance market.…
ByteDance-owned TikTok has invested USD 840 million to buy a majority stake in Indonesian tech conglomerate GoTo’s e-commerce unit, as the Chinese media giant looks boost its online shopping bus…
Canadian luxury brand Nobis has announced the opening of three stores in Beijing and Shanghai, marking the outerwear brand’s official entry into the Chinese retail space.…
Italian luxury house Prada opened its ‘Pradasphere II’ exhibition on December 7 in Shanghai, as the firm sets its sights on mainland China for expansion in 2024.…
Temu parent PDD Holdings reported a 94 percent uptick in sales to RMB 68.84 billion (USD 9.44 billion) for the third quarter, as price-conscious shoppers in Asia took advantage of the firm’s af…
Chow Tai Fook Jewellery Group said revenue grew 6.4 percent to HKD 49.5 billion (USD 6.35 billion) during the first half of fiscal 2024, citing a return of mainland China tourists to Hong Kong and Mac…
The new SME player claims to have brought a new, cross-border chapter to a market driven mainly by major duty free operators such as The Shilla Duty Free, Lotte Duty Free and Shinsegae Duty Free.…
French luxury house Dior has opened its newly designed flagship store in China, in Shanghai’s luxury shopping mall Plaza 66, after eight months of renovations.…
French luxury brand Hermès has opened its second store in Chengdu, and thirty-third in mainland China, as the Parisian house hones in on the Sichuan’s capital city.…
Italian luxury brand Prada it showcasing its second Pradasphere exhibition to China this December, opting for the city of Shanghai to unveil its latest exhibit.…