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A Beijing shop owner prepares racks of clothes for a livestream.

Business Features

Chinese Apparel Market to See $60B Contraction

Fifteen percent of the market wiped off due to COVID-19 with little “revenge-spending,” according to Oliver Wyman survey.

clock May 27, 2020Tiffany Ap

Protesters break the glass of a shop which allegedly support the police during protest against the security law.Protest vs security law in Hong Kong

Business Features

I.T Group Warns of $90M Loss After Hong Kong Protesters Target Its Stores

Estimated loss balloons a day after Hong Kong protesters smash the windows of its flagship over rumors of a Beijing-sympathizing founder.

clock May 26, 2020Tiffany Ap

Joann Cheng, chairwoman of Fosun Fashion Group.

Business Features

Fosun’s Joann Cheng on Adapting to the Post-COVID-19 Era

The executive talks about getting creative to spur spending from Chinese shoppers ready for a return to normalcy.

clock May 21, 2020Tiffany Ap

China World Hotel sits in the heart of Beijing's CBD.

Fashion Scoops

Giada to Open Restaurant-Club in Beijing

The venue will include an Italian fine dining room, bar and boutique and is set to open in October.

clock May 19, 2020Tiffany Ap

Police officers stand guard during a protest outside a luxury shopping mall Hong Kong.

Business Features

How Hong Kong Can Redefine Its Next Chapter

A 16-year, Mainland Chinese, tourist-fueled retail boom has been brought to a close. Here’s how the city can reinvent itself.

clock May 14, 2020Tiffany Ap

OnTime Show at TX Huaihai

Business Features

Could Coronavirus Help Chinese Designers Shine?

With minimal international travel flow and daigou interrupted, domestic designers arguably have better reach than ever.

clock May 1, 2020Tiffany Ap

Samuel Guì Yang window installation at SND flagship in Shin Kong Place Chongqing

Retail

EXCLUSIVE: SND, Chongqing’s Coolest Concept Store Goes National

The retailer sets the benchmark in lower-tier cities in China. Now, it takes aim at a different playing field with store plans in Shenzhen.

clock May 1, 2020Tianwei Zhang and Tiffany Ap

An Esprit store.

Retail

Esprit Quits Asia, Keeping Mainland China JV Only

Fifty-six stores across Singapore, Malaysia, Taiwan, Hong Kong and Macau to be shut.

clock April 27, 2020Tiffany Ap

Bibi Zhou singing her new single 'Dance' released with Michael Kors My Way campaign.

Fashion Features

Michael Kors Gets Digitally Creative With ‘My Way’ China Capsule

The customizable collection is paired with the drop of a new Bibi Zhou single ‘Dance’, an interactive quiz with the designer, and livestream.

clock April 23, 2020Tiffany Ap

Vestiare Collective is a high-end resale platform.

Financial

Vestiaire Collective Raises $64M in Latest Round, Targets Japan and Korea

Korelya, Vaultier7, Fidelity International funds and Cuir Invest have backed the resale platform, despite coronavirus jitters.

clock April 20, 2020Samantha Conti and Tiffany Ap

Beijing, China

Government and Trade

China GDP Records Historic 6.8% Drop, Consumer Recovery Shows Mixed Signs

The contraction in retail sales improved in March — off by 15.8 percent — but clothing still down by 34.8 percent year-over-year. 

clock April 17, 2020Tiffany Ap

A mask-wearing pedestrian walks past an advertising billboard in Tsim Sha Tsui, Hong Kong.

Retail

Hong Kong Forecast To Lose 5,200 Shops; 10,400 Retail Jobs By June

Forty percent of retailers surveyed by the HKRMA said they would not be able to survive another four months under current conditions.

clock April 16, 2020Tiffany Ap

WhatsApp-Image-2020-04-08-at-17.40.54

Fashion Scoops

New World Donates 10 Million Masks Via Vending Machine

The initiative by Adrian Cheng will see 35 vending machines set up across Hong Kong at the end of the month.

clock April 9, 2020Tiffany Ap

Singapore

Media

Norman Tan Appointed Editor in Chief of Vogue Singapore

The new team must work creatively around coronavirus challenges but the debut issue is on track for September.

clock April 7, 2020Tiffany Ap

A Capitaland mall in Wuhan.

Retail

CapitaLand Says All Its China Malls Reopened

The mall developer reports retail green shoots and expects shopping rebound as coronavirus threat subsides.

clock April 6, 2020Tiffany Ap

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Essentialist

Today's Must Read

A shopper waits for the doors to open at the Galeries Lafayette flagship on Boulevard Haussmann in Paris.

Business

Galeries Lafayette Reopens Boulevard Haussmann Flagship

clock May 30, 2020Joelle Diderich

Social Studies