SHANGHAI — China’s New Year holiday sales grew at a double-digit clip this year but showed clear signs of a slowdown, especially in sectors such as apparel and restaurants.
Sales in China during the New Year holiday period, which ran from Feb. 9 to 15, grew 14.7 percent over last year’s holiday, according to statistics released by China’s Ministry of Commerce. The 2012 Chinese, or Lunar, New Year celebrations came earlier in January.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"