SMCP
Chinese Textile Conglomerate Shandong Ruyi Faces a Bleak Future
The Shandong Ruyi Technology Group, famous for snapping up international brands, has met frequent roadblocks in its way to become the “LVMH in China.” Read More
Chinese Whispers: Why K-Beauty is Losing Relevance in China, and More
There are clear signs that the popularity of Korean beauty (K-beauty) brands is quickly fading after being trendy for almost a decade in China. Read More
Keeping Up with the Daigous: an Industry in Flux
Four months after China enacted its first-ever e-commerce law to regulate daigou shoppers, we found the market is far from dead. Read More
China’s Ruyi Group is Growing Fast, But Can They Conquer the Luxury Market?
In the short-to-medium term, China's Ruyi Group will focus on integrating existing brands to maximize synergies within its fully integrated business model. Read More
Chinese Government Delays Shandong Ruyi’s Acquisition Spree
The completion of Shandong Ruyi's acquisition of an Israeli company has been delayed due to slower-than-expected Chinese government approval. Read More
Why Shandong Ruyi Paid Rumored $700m for Bally
In addition to complementing its existing luxury brands, Bally will help Shandong Ruyi with its long term strategy of launching domestic Chinese luxury brands. Read More
Live-Streaming Host Robs Jewelry Store to Pay for Video Equipment
Today on social media, Chinese consumers are talking about a live-streaming host who robbed a jewelry store and Kris Wu's new advisory role with a streetwear brand. Read More
