China news and archive

Shanghai Fashion Week SS26: Nostalgia, tradition and play on archetypes

A sense of nostalgia hung over the Shanghai fashion shows for the past two weeks. Designers often sought inspiration in the past, from the glamorous 1920s to deep-rooted Chinese aesthetics. They did not shy away from embellishments, exploring archetypes and connections to ballet and running. Nostalgia in muted colours Floral motifs and muted...

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Business

Diesel celebrates 20 years in China, OTB opens new headquarters in Shanghai

Italian brand Diesel arrived in China 20 years ago. Last Thursday, it celebrated this anniversary by opening a new headquarters for its parent company, OTB SpA, in Shanghai and with a lecture by founder Renzo Rosso at Donghua University. These initiatives highlight the importance of the Chinese market for OTB. The group currently employs 900...

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Business

Trump: new tariff on Chinese imports is economically untenable

According to US President Donald Trump, the new tariffs he has threatened against China are economically unsustainable. When asked if the cumulative total tariff rate of 157 percent is sustainable for the economy and what it would mean, he said: “That is not sustainable, but that is the figure.” Trump continued in an interview with US television...

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Business|Opinion

Is recovery in sight for the luxury sector? LVMH thinks so

The fashion industry’s mood may be brightening, if only by a few degrees. LVMH, the world’s largest luxury group and the sector’s perennial bellwether, delivered a cautiously optimistic third-quarter report, suggesting that the long-anticipated recovery in global luxury spending may finally be taking shape. After several quarters of challenges,...

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Business

Hype products, collaborations and outerwear: What chinese consumers want

Chinese consumers have been faced with an unstable economy and ever-new challenges since the pandemic. This is also reflected in their shopping behaviour. Although uncertainties such as the trade dispute with the US and the real estate crisis are putting additional strain on consumers and dampening consumer sentiment, private households seem to...

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US and China trade talks: Focus on economy, trade, and TikTok

The US and China will resume trade talks next week. The US Treasury announced that Treasury Secretary Scott Bessent will meet with Chinese representatives in Madrid. Among them will be Vice Premier He Lifeng, who has led previous talks for China. There was no immediate confirmation from Beijing. According to the US announcement, Bessent will...

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Fairs

CHIC Shanghai: China's garment manufacturers navigate trade conflicts and rising costs

Rising pressure surrounding the trade conflict between China and the US, as well as growing competition domestically and in other Asian countries such as Vietnam and Bangladesh, demand new measures for China's garment manufacturers. To understand how manufacturers are handling the situation, while rising costs and consumer reticence shape the...

Retail

Bimba y Lola lands in China with a Shanghai store

Madrid – Spanish fashion house Bimba y Lola has finally landed in China, with the opening of a permanent store in Shanghai. This marks the Galician brand's first foray into the Chinese market. It is a result of the management's firm commitment to internationalisation, which has made the brand a global reference in the fashion industry, with half...

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Esprit: Shift to licensing model results in drop in revenue

The former clothing group Esprit recorded a significant drop in revenue in the past six months. This is due to the elimination of licensing revenue from European trademark rights. Esprit continues to shrink Following the global insolvencies and closures of branches and stores last year, Esprit Holdings Ltd. in Hong Kong now only manages the...

Retail

Forever 21 plots fourth re-entry into China, plans physical stores

Forever 21, a fast fashion retailer that filed for bankruptcy in the US, is making its fourth attempt at entering the Chinese market. Parent company Authentic Brands Group has reportedly partnered with local operator Chengdi to roll the brand out in the region. The news was shared at a press day and reported on by multiple news platforms,...

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Business

China's JD.com posts 22.4% quarterly sales growth

JD.com saw a jump in its second-quarter revenue Thursday, as the Chinese retail giant saw increasing user traffic despite fierce competition in the country's e-commerce and food delivery sectors. In recent years, the Beijing-based shopping platform has faced pressure from a persistent domestic consumption slump and increased competition with its...

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US and China trade talks: Tariff increases suspended

The planned tariff increases in trade between the US and China remain suspended for the time being. US President Donald Trump signed a decree postponing the implementation until 00:01 (Washington time) on November 10. The Beijing Ministry of Commerce also confirmed the new deadline shortly afterwards. The United States intends to continue talks...