Tianwei Zhang

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Maje Spring Summer 2020 campaign

Mergers and Acquisitions

Ruyi Group $495M State-owned Investment Falls Through

Faced with mounting debts, it will focus on restructuring its portfolios, high-tech fabrics, and automated production to improve profitability.

clock 52mTianwei Zhang

Xiaodong Chen, president and chief executive officer at Alibaba's Intime Retail Group

Business Features

CEO Talks: Intime Retail’s Xiaodong Chen on Swift China Rebound

Thanks to live-streaming and free delivery, the Alibaba-owned retailer saw online business quadruple and revenue bounce back in May.

clock 18hTianwei Zhang

Ashley Graham inside a white house on a hill

Media

Ashley Graham Produced Her Harper’s Bazaar U.K. Cover With Her Family

Her husband Justin Ervin photographed her at her childhood home in Nebraska, where she was self-isolating with the family during the pandemic.

clock May 31, 2020Tianwei Zhang

Lashify Control Kit

Legal

Lashify Brings Alleged Knockoff Manufacturer to Court in China

The brand claims Hollyren, one of the biggest Chinese manufacturers of eyelash products, is making unauthorized reproductions of its patented products.

clock May 27, 2020Tianwei Zhang

Liu Wen and her mentor Joseph Carle, who discovered her when she was a fitting model at Marie Claire China.

People

Fashion Editor Joseph Carle, Who Discovered Liu Wen, Dies at 65

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.

clock May 26, 2020Tianwei Zhang

Alibaba founder Jack Ma dressed in a cheongsam in 2019 Ali Day

Financial

Alibaba Expects Growth to Decelerate in Fiscal Year 2021

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.

clock May 22, 2020Tianwei Zhang

Huang Zheng, founder and ceo of e-commerce company Pinduoduo.

Retail

Pinduoduo Soars in Euromonitor Retailers in Asia Ranking

The interactive e-commerce operator is the fastest-growing retailer in Asia.

clock May 21, 2020Tianwei Zhang

Interface of Tmall's Luxury Pavilion

Retail

China’s Tmall Pushes 618 Shopping Festival With $1.41 Billion Stimulus

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.

clock May 20, 2020Tianwei Zhang

A Bossini store in Hong Kong

Mergers and Acquisitions

Li-Ning Founder to Acquire Ailing High Street Brand Bossini

Viva China, a venture controlled by Li Ning, said it is “a good opportunity to expand its consumables business at a reasonable price.” 

clock May 19, 2020Tianwei Zhang

Lucie and Luke Meier portrait by Olivier Kervern

Media

Jil Sander’s Lucie and Luke Meier Edit Issue of A Magazine Curated By

A series of audiovisual experiences will also be devised for the readers to discover the magazine at home amid COVID-19 lockdown.

clock May 18, 2020Tianwei Zhang

Manufacturer of crafted denim team at Blackhorse Lane Ateliers

Government and Trade

BFTT Awards 1.2M Pound Fund to Support Sustainable Growth and Innovation

The program, backed by the Business of Fashion, Textiles and Technology will help 10 U.K brands develop concepts into real business plans.

clock May 18, 2020Tianwei Zhang

A man walks past the JD.com logo outside the company's headquarters in Beijing.

Financial

JD.com Q1 Sales Jump 20.7%, Boosted by Stay-Home Demands

Net revenues rose 20.7 percent, but net income fell to 1.07 billion renminbi, from 7.32 billion renminbi a year earlier.

clock May 15, 2020Tianwei Zhang

A look from Both and Second Layer's capsule

Fashion Scoops

Footwear Brand Both Expands Into Apparel With Second Layer

The collection is inspired by the collaboration process of teamwork, crew spirit and Both‘s factory workwear.

clock May 15, 2020Tianwei Zhang

Song Jia and Austin Li star in Louis Vuitton's 520 or May 20 Chinese Valentine's Day campaign.

Marketing and Promotion

Live-streamer Austin Li Is Louis Vuitton’s New Weapon in China Rebound

The hugely influential Li plays treasure hunt with actress Song Jia in the brand’s Chinese Valentine’s Day May 20th campaign.

clock May 14, 2020Tianwei Zhang

Long queue outside Chanel store in Hangzhou on Sunday rumors of significant price increases taking effect on Monday began to spread on social media.

Marketing and Promotion

Luxury Brands Brace for Price Hikes, Entry-Level Items in China Rebound

Chanel ramps up handbags price by a quarter, Vuitton increased price in March and May, while entry-price products take center stage online.

clock May 11, 2020Tianwei Zhang

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Essentialist

Today's Must Read

Martijn Hagman

Business

Daniel Grieder Steps Down as CEO, Tommy Hilfiger Global and PVH Europe

clock 9hLisa Lockwood

Social Studies