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Wei ZhangFashion

Wumei seals majority stake in B&Q China

Beijing based supermarket chain Wumei Holdings will pay CNY1.4 billion (USD225 million) for a majority stake in home decorating chain B&Q China whose parent Kingfisher failed to spur growth in the home decoration market in the world’s second-largest economy.…

gucci museo firenze
Minjun ParkFashion

Gucci to check Chinese suppliers after TV exploitation charges

Italian fashion house Gucci said on Monday it would strengthen controls on its suppliers after a television program showed Chinese employees working more than three times their official hours to assemble its handbags. The head of a Gucci subcontractor told an…

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Minjun ParkFashion

Online sites expand in China’s rural areas

Plagued by poor transport and less purchasing power, rural buyers remained mostly untouched by the wave of online shopping that swept across China in recent years. However, the situation is changing as the burgeoning market in villages has shown great…

Hermes
Maria SantosFashion

Chinese shopping “agents” cash in on ruble slide

Chinese workers and overseas students in Russia have been snapping up goods at low prices caused by the steep fall in Russian ruble rates before brands can adjust them. These shopping “agents”, knows as “daigou”, stockpile the products before selling them at…

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Maria SantosFashion

Emporium reopens USD91m makeover

The Emporium shopping complex in Bangkok will fully open in March after a major renovation. Voralak Tulaphorn, senior vice-president for merchandising of The Mall Group, operator of the upscale shopping venue, said 95 percent of total space at the shopping…

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Maria SantosFashion

HK Fashion Week to feature fashion talents, new trends

The 21st HKTDC Hong Kong Fashion Week for Spring/Summer will feature more than 40 events, including fashion parades, seminars and forums and demo sessions that highlight new fashion talents and trends. The fashion parades will showcase established designers…

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