News

A view of shoppers outside of the Cartier store in Shanghai's IFC mall.

Retail

Luxury Brands Suffer This Chinese New Year

New data from Hong Kong show that January sales sank to lows not seen since 2003 as tourist spending fell in the month building up to Chinese New Year.

– 4:42 PM, EST

Retail

Hong Kong Retail Sales Plunge as Chinese Visitor Arrivals Slow

“The negative impact of slowing Chinese growth on Hong Kong is becoming more obvious,” said Mole Hau, an economist with BNP Paribas.

– 4:16 PM, EST

JD.com has been described as China’s version of Amazon.

Business

JD.com Announces 73% Increase in Revenues

Net revenues for the fourth quarter were $5.6 billion while the gross merchandise value of goods sold was $13.8 billion.

– 2:58 PM, EST

Business

Japanese Retailers’ Feb. Sales Grow

Stores benefited from tourist flows to Japan and cold weather.

– 4:42 AM, EST

Retail

Royal Mail Announces China Link-Up Through Alibaba’s Tmall

Britain's Royal Mail is joining Alibaba Group Holding Ltd's Tmall Global's online marketplace, hoping to link small British companies with Chinese consumers.

– March 2, 2015

Garment workers in Dhaka, Bangladesh.

Business

Bangladesh Alliance Names Mark Chubb Chief Safety Officer

Mark Chubb was named to the newly created position.

– March 2, 2015

The Duke of Cambridge and Jack Ma  in Shanghai.

Retail

Alibaba’s Jack Ma Fears Growing Too Fast

The company also has caught the attention of the U.S. authorities for its alleged dealings with a Chinese regulator just months after its stock market debut.

– March 2, 2015

Marks & Spencer

Retail

M&S to Enlarge Footprint in China

The retailer is targeting cities including Beijing, Guangzhou.

– March 2, 2015

Retail

Myer Shares Dive on Management Shakeup

Australia's biggest department store chain is promoting Richard Umbers, the company’s chief information and supply chain officer, to the post of CEO to replace Bernie Brooks.

– March 2, 2015

Lemaire Pre-Fall 2015

Fashion

Lemaire to Design Collection for Uniqlo

The new collection for the Japanese brand will bow with the fall-winter 2015 season.

– March 2, 2015