Burberry’s Q3 update offered further signs of the strength of the firm’s growth strategy. It had “a good quarter” and “continued to shift consumer perceptions of our brand and align the network to our new vision”.
The Chinese luxury label has opened a boutique in Paris that showcases its understated, elegant fashion, with clothes made of silk dyed using a thousand-year-old technique rediscovered by founder Liang Zi.
Houston Rockets sneakers and other merchandise were pulled from several Nike stores in major Chinese cities amid the furor over a tweet from the team’s general manager in support of anti-government protests in Hong Kong.
Hong Kong's political unrest is posing a dilemma for Alibaba Group on the timing of its planned $15 billion listing in the city, with sources saying the Chinese e-commerce company is now considering several timetables.
As it seeks to up its game in the fast-growing Chinese luxury market, it has been revealed that the New York-based womenswear brand has been acquired by Shenzhen-based private equity fund Green Harbor.