Daily Brief

January 26, 2020

TODAY’S TOP FIVE CAN’T-MISS STORIES

  • 1

    How Are Retailers Strategizing for Chinese New Year?

    Over 700 million Chinese tourists are expected to travel overseas during Lunar New Year. Find out how retailers are celebrating the Year of the Rat to attract Chinese consumers. Read more on Edited

  • 2

    WeChat Set to Join Short Video Frenzy with New Feature

    WeChat, China’s most popular social media app, plans to join the craze for short-form videos by adding a feature that allows users to publish videos and photos to their followers. The endeavor is seen as an attempt to counter sector disruptor ByteDance, whose most prominent product is video-sharing platform Douyin and its overseas twin TikTok. Read more on Pandaily

  • 3

    Burberry Bullish Despite Hong Kong Sales Collapsing

    Burberry sales slumped by half in Hong Kong in the third quarter – but the British luxury-fashion label is lifting its full-year forecast as revenue elsewhere compensates. Read more on Inside Retail Asia

  • 4

    How Chinese Fashion Brands Can Achieve Global Domination and Stop Being Ignored In the West

    A therapist could describe fashion’s relationship with China as codependent. Almost every luxury brand on the planet relies on China’s shoppers to pay their bills, meaning designers are heavily invested in the country. Meanwhile, China’s cheap apparel manufacturing has long allowed foreign brands to produce high-quality, well-made goods at half the price they were before. Read more on South China Morning Post

  • 5

    Why Disney Merch Is Suddenly Big in China

    Gucci, Adidas and Uniqlo are all playing it safe this Chinese New Year. Will their cutesy collaborations pay off during one of the biggest moments in the global shopping calendar? Read more on Business of Fashion