Local Chinese automotive brands are projected to capture up to 76% of domestic market share by 2030, while foreign competitors face unprecedented decline.
Opinion: While Bain predicts luxury's worst year since 2008, a more nuanced story of brand adaptation and eventual market recovery gives cause for optimism, argues Andrea Felsted.
President extends ByteDance divestment deadline for third time, giving administration more time to secure complicated deal requiring Beijing’s approval and American buyer.
From young street-style community to $2 billion platform, Musinsa aims to make Korean fashion brands accessible across East Asia via phygital retail.
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Kendall Jenner rocks Mo&Co’s Noir collection as new brand rep
Mac taps Jolin Tsai as global ambassador
F1’s Zhou Guanyu headlines Lululemon’s Shanghai fitness event
Hong Kong retail sales continue decline, dropping 9.7% in June
Hugo Boss misses Q2 expectations, struggles in China
Crocs posts 70% revenue surge in China
Canada Goose reports strong Apac growth, led by China
IWC Schaffhausen unveils exhibition at Chengdu IFS
Casetify unveils ‘Love Blossoms’ Qixi collection
South Korean online shoppers fuel 64.8% surge in Chinese imports
Bally showcases Fall/Winter collection in Beijing
Li Auto smashes delivery record with 51,000 cars in July
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