Daily Brief

Emerging Chinese Designers Flock to Major Fashion Shows, but Returns Are Low

September 19, 2017

TODAY’S TOP FIVE CAN’T-MISS STORIES

  • 1

    Liu Qiangdong, the ‘Jeff Bezos of China,’ on Making Billions with JD.com

    Like Amazon, JD.com controls most of the supply chain and delivers goods from its own warehouses directly to customers, so it counts online sales as revenues. Alibaba, by contrast, is essentially an internet platform and payment system for other companies and individuals selling to consumers online and earns the bulk of its revenue from advertising. Read more on Financial Times

  • 2

    British Fashion Council Forges Ties With JD.com at London Fashion Week

    “China’s consumers are getting more and more sophisticated. In the past, people wore big brands from head to toe, but they are now looking for individuality,” said Xia Ding, president of JD Fashion, shortly before revealing a tie-up with the British Fashion Council on Monday evening. Read more on WWD

  • 3

    Paris-based Chinese-owned Luxury Goods Group SMCP in IPO

    Paris-based Chinese-owned luxury goods group SMCP has this morning confirmed that it plans to list on the French stock exchange, Euronext Paris. SMCP has now formally filed the appropriate registration papers with the AMF. Read more on Capital.com

  • 4

    How Chinese Firms Went From Copycat to Copy That

    Once derided as a copycat of Western giants, Chinese companies have grown in stature to the point that in many areas they are now seen as the pinnacle of business innovation. Even Silicon Valley veterans are taking note. Read more on South China Morning Post

  • 5

    News from China: Where is the Future of Fashion Buyer Stores in China?

    Since 2010, the number of buyer stores in mainland China has increased rapidly year over year. For example, there were 70 stores in Shanghai in 2014, and that figure rose to 300 in 2016. Read more on LadyMax