Taobao Global is leveraging localized logistics and premium brand partnerships to outpace competitors in the evolving cross-border e-commerce market.
Luxury multi-brand retailer Machine-A has been sold by Tomorrow Ltd to private investors, and Chinese accessories designer Steven Ma appointed as director.
Imprecise BBC translation regarding Xinjiang cotton in interview with Uniqlo’s CEO led to a muted backlash in China.
Luxury prices are rising, but quality and value aren’t keeping up — and high-net-worth consumers know they’re being taken advantage of.
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