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Gucci and Moschino, the year of the Rat to inspire their new collections
Two of the most iconic Italian fashion brands in China inaugurated the new year by presenting as many collections inspired by the year of the Rat, which will officially begin next January 25th.
January09,2020
【Financial Str. Release】China banking WM market investors up to 114 mln by end-2023
Investors holding wealth management products (WMPs) issued by banks and their affiliated wealth management firms reached 114 million by the end of 2023, up 17.84 percent year on year, reported Xinhua Finance on February 2.
February05,2024
From Prada to Gucci, everyone to look for Tik Tok followers
The Chinese platform is establishing itself as a real ecosystem of different personalities, offering users a full immersion in the Tik Tok universe.
January01,2021
New Opportunities of China-Laos Economic and Trade Cooperation in New Era
The report mainly presents the fruitful results achieved in bilateral economic and trade cooperation, the key cooperation construction projects between the two countries, and the vast opportunities for bilateral cooperation in the future.
December08,2023
Economic Watch: Italian exhibitors at consumer expo keen to expand markets in China
Exhibitors from Italy, the guest of honor at the ongoing third China International Consumer Products Expo being held in Haikou, capital city of southern China's Hainan Province, are keen to expand their markets in China.
April13,2023
Asian buyers enliven Made-in-Italy fashion sales forecasts
Carlo Capasa, President of the National Chamber of Italian Fashion (CNMI), stressed the success of the Milan Fashion Week shows with the return of buyers especially from Japan and Korea. Pitti Bimbo is currently showing in Florence, reporting growing sales in the Middle East and Asia.
January18,2023
Hainan expo highlights China's commitment to opening-up, contribution to global growth
The third CICPE, with an increased scale and rising global influence compared to the previous versions, has underscored China's commitment to expanding high-standard opening up as the global economy is struggling to emerge.
April17,2023
Economic Watch: Multinationals expect to unlock new opportunities in Chinese market through Hainan expo
For Stefania Lazzaroni, general manager of Italy's luxury brands committee Altagamma, the third Hainan expo presents "an amazing opportunity, and we really want to have the occasion to illustrate and tell the story of the amazing beauty of our brands."
April14,2023
Luxury sector struggled in China and Southeast Asia in the quarter
Gucci and EssilorLuxottica reported the impact of lockdowns on consumption in China and of the new Covid-19 outbreak in India. The French-Italian eyewear Group grew by 38% worldwide and by 3% in Asia Pacific
May05,2022
Economic Watch: China's consumer market bustling amid Spring Festival shopping boom
With the Olympic panda mascot Bing Dwen Dwen sold out all over China due to people's enthusiasm for the 2022 Games, China saw a brisk consumer market during the Lunar New Year holiday, the first seven-day long festival of the year that ended Sunday.
February08,2022
China, U.S. crack transnational IPR infringement crime
China and the United States have cracked a transnational intellectual property rights (IPR) infringement case, the Chinese Ministry of Public Security (MPS) announced Wednesday.
November09,2017
Foreign brands cut prices in China as VAT rates go down
World famous consumer brands including Apple, Louis Vuitton and Gucci have announced their decisions to cut their suggested retail prices to give the gains from China's value-added tax (VAT) cut to consumers.
April02,2019
60 years of Made in Italy on show at Guangzhou airport
The milestone of the first event in 2020, the Italy-China Year of Culture and Tourism, reached the Consulate General of Italy in Guangzhou (Canton).
January08,2020
China-Italy cooperation nurtures more hidden champion enterprises, Class Editori CEO
Small and medium-sized enterprises (SMEs) play an important role in promoting economic exchanges and cooperation between China and Italy and the Sino-Italian cooperation in the SME sector will nurture more hidden champion enterprises, said Paolo Panerai, CEO of Class Editori.
November08,2019
Demand for luxury goods in China spurs Burberry growth
British luxury brand Burberry reported retail revenue of 478 million pounds (613 million U.S. dollars) during the quarter ending June 30, up 3 percent year-on-year.
July13,2017
Kering shifts its strategy on the luxury e-commerce segment in Asia
Kering continues to bet on Asia, where it sees great opportunities for growth, and in the meantime is preparing to close its joint venture with the Yoox Net-a-porter group.
June12,2019
China Focus: Hainan sees tourism, consumption boom during holiday
China's resort island Hainan has been a hit during the National Day holiday by recording a double-digit rise in tourism revenue. The province posted more than 4.5 million visitor arrivals during the first seven days of October, up by 9.3 percent compared with the same period last year.
October10,2020
In China, fashion passes through social networks
According to Morgan Stanley, within 5-10 years the consumers of the Asian country will represent respectively 30% and 70% of the increase in sales of sports brands and luxury thanks to online sales. Top level performance for the LVMH Group. Gucci and Saint Laurent are decreasing.
August28,2019
LVMH goes online to lure more luxury customers to spend
Global luxury giant LVMH is embracing the digital age in China by providing online shopping services for its core brand Louis Vuitton.
July25,2017
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