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China

China Insight: Reading the Signals of Where China’s Fashion and Beauty Markets Are Headed

The fifth CIIE and the Double Eleven Shopping Festival gave some indications of the outlook for China's…

Aesop Opens First Mainland China Store in Downtown Shanghai

The two-story, 3,230-square-foot space touts a homey ambience with locally sourced materials that "pay homage…

Kris Wu Sentenced to 13 Years in Beijing Jail for Rape, Fined for $83 million

The 32-year-old former global face of Louis Vuitton, Porsche, and Bulgari will be deported from China after…

New Shanghai COVID-19 Rules Dim China Luxury Market Outlook

According to Barclays, the latest round of restrictions in one of China's most important luxury hubs will…

Two Shanghai Art Fairs Upended by One COVID-19 Case, What Will the Future Hold for China’s Art Market?

Two short-lived art fairs had an immediate cooling effect on market confidence and pointed to the…

French Department Store Galeries Lafayette Expands to India

The company will partner with Aditya Birla on two outposts in Mumbai and New Delhi.

Global Luxury Goods Market Seen Growing 21% in 2022 to 1.4 Trillion Euros

According to the latest Bain & Company Study with Altagamma, the segment will continue to expand until 2030…

Good News: U.S.-China Climate Negotiations Back On

Much is at stake with the global superpowers conceding on climate negotiations.

With Less Excitement Around Singles’ Day, Alibaba and JD.com Keep Sales Results Under Wraps

Alibaba revealed that this year's GMV results "stayed in line" with last year's performance "despite macro…

Sun Zhe Returns to Elle China as Editor in Chief

He was first appointed to the role in 2005 at the age of 29. After that, he launched and ran the Chinese…

China Eases Travel Restrictions, Lifts Flight Bans

Despite easing COVID-19-related travel curbs, Barclays expects restrictions to continue to hurt traffic and…

Luxury, Apparel, Beauty Brands Showcase Technology Innovations at China’s Fifth CIIE Fair

Despite strict COVID-19-related restrictions, luxury, apparel and beauty brands actively participated in this…

Gap Sells Greater China Business to Chinese E-commerce Firm for Up to $50 Million

Chinese e-commerce giant Baozun will acquire all of Gap's equity interests in the Greater China area, which…

Mytheresa Posts 20.8% Uptick in Gross Merchandise Value in Q1

The average customer spend is growing and the company has reconfirmed guidance for the 2023 fiscal year.

EXCLUSIVE: Supreme Is Entering China Via Dover Street Market in Beijing

The new emporium near The Forbidden City is 40 percent larger than the Sanlitun location that opened in 2010.