Faced with mounting debts, it will focus on restructuring its portfolios, high-tech fabrics, and automated production to improve profitability.
Thanks to live-streaming and free delivery, the Alibaba-owned retailer saw online business quadruple and revenue bounce back in May.
Her husband Justin Ervin photographed her at her childhood home in Nebraska, where she was self-isolating with the family during the pandemic.
The brand claims Hollyren, one of the biggest Chinese manufacturers of eyelash products, is making unauthorized reproductions of its patented products.
Carle was credited with discovering Liu Wen when she was a fitting model and the launch of the Chinese editions of Marie Claire and Numéro.
It aims to achieve more than 650 billion renminbi in revenue this year, indicating the speed of growth will slow down from 35 to 27.5 percent.
The interactive e-commerce operator is the fastest-growing retailer in Asia.
Yves Saint Laurent sold more than 100,000 lipsticks in two weeks, and sales of La Mer grew eightfold since the beginning of May on the platform.
Viva China, a venture controlled by Li Ning, said it is “a good opportunity to expand its consumables business at a reasonable price.”
A series of audiovisual experiences will also be devised for the readers to discover the magazine at home amid COVID-19 lockdown.
The program, backed by the Business of Fashion, Textiles and Technology will help 10 U.K brands develop concepts into real business plans.
Net revenues rose 20.7 percent, but net income fell to 1.07 billion renminbi, from 7.32 billion renminbi a year earlier.
The collection is inspired by the collaboration process of teamwork, crew spirit and Both‘s factory workwear.
The hugely influential Li plays treasure hunt with actress Song Jia in the brand’s Chinese Valentine’s Day May 20th campaign.
Chanel ramps up handbags price by a quarter, Vuitton increased price in March and May, while entry-price products take center stage online.