Chinese shoppers

Final sales results flash up on the big screen at an Alibaba event in Shanghai.

Business Features

Alibaba’s Singles’ Day Sales Top $25B

China’s e-commerce consumers once again shattered sales records during the world’s largest shopping festival.

clock November 11, 2017Casey Hall

Pharrell Williams

Fashion Scoops

Pharrell Williams Performing at Alibaba’s Singles’ Day Event

Williams will be joined by “surprise guests” and a number of Chinese celebrities.

clock October 30, 2017Kali Hays

Financial

Altagamma, Bain & Co. Study Point to 5% Increase in Luxury Goods in 2017

The sector is expected to reach revenues of 1.16 trillion euros this year.

clock October 25, 2017Luisa Zargani

Business Features

Alipay Teams With Poynt to Allow Chinese Tourists ‘Seamless Payment Acceptance’

The deal allows 520 million registered users in China and beyond to pay with Alipay across all Poynt devices in North America.

clock October 20, 2017Arthur Zaczkiewicz

Billboard advertisements for Alibaba's upcoming Singles Day, or Double 11, promotional activities.

Business Features

Alibaba Launches Singles’ Day Pre-Sale Activities

Singles’ Day is spreading out its promotions to lighten the load of half a billion shoppers trying to get online during the traditional 24-hour sales period on November 11.

clock October 19, 2017Casey Hall

Affluent Chinese Millennials come to the U.S. to shop.

Technology

Verifone and Alipay Streamline Payments for Chinese Travelers

The partnership marks the next step in appealing to Chinese consumers.

clock October 17, 2017Elizabeth Doupnik

chinese shoppers

Retail

Adyen Adds Alipay Option for Global Retailers to Tap Into ‘Golden Week’ Chinese Tourist Spending

Chinese tourists spend $300 billion abroad each year.

clock October 3, 2017Arthur Zaczkiewicz

Brian Buchwald

Marketing and Promotion

Breaking Barriers: Mastering China’s Digital Landscape

At WWD’s Digital Forum, Brian Buchwald of Bomoda provided actionable insights into navigating the largely untapped market.

clock September 28, 2017Elizabeth Doupnik

Alipay's digital payment platform is expanding to include Chinese restaurants and supermarkets.

Retail

Alipay Signs Agreement With Han Feng Group

The platform will begin accepting payments initially in New York and North Carolina.

clock July 5, 2017Vicki M. Young

Millennials prefer the experience of buying a luxury item than just accumulating stuff.

Business Features

Study Looks at How Millennials Define Luxury

For some Millennials, the experience of buying a luxury product was more important than the actual item itself.

clock May 1, 2017Vicki M. Young

Burberry Men’s and Women’s Fall 2017

Financial

Burberry Gives Further Proof of China Rebound

Mainland China delivered high single-digit growth.

clock April 19, 2017Samantha Conti

Mergers and Acquisitions

Eurazeo’s Fintrax Teams With Lotte Group to Boost Tax-Free Market

The partners have created a joint venture to invest in South Korean refund operator CubeRefund.

clock March 2, 2017Alex Wynne

Retail

Retailers, Observers Upbeat on Chinese New Year Spending

Chinese travel abroad- especially to other Asian countries- remains brisk. Meanwhile, Chinese consumers who travel within their own country appear to be doing more shopping.

clock January 25, 2017Amanda Kaiser

Chinese tourists in North America can pay using their Alipay wallet.

Retail

Alipay Expands Platform to North American Retail Market

More than 3 million Chinese consumers are expected to visit North American in 2017.

clock January 17, 2017Vicki M. Young

Hong Kong retail is in a consolidation mode.

Retail

Nomura: Hong Kong to Become Renter’s Market in 2017

Retailers who renegotiated their leases got at least a 20 percent rent reduction for stores in tourist areas, the report said.

clock January 13, 2017Tiffany Ap

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Essentialist

Today's Must Read

Saks Fifth Avenue's 2017 Holiday Display

Fashion

Holiday Windows 2017: Urban Odes and Outsize Spectacles

clock November 22, 2017Sharon Edelson

Social Studies