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Tag Archives: China’s

Cuts to China’s Import Tariffs to Buoy Fashion and Cosmetics

BEIJING, China — China’s new plan to slash import tariffs on a wide range of consumer goods promises to boost the prospects of multinationals in the Chinese market, with everything from cashmere to beauty products becoming more affordable to local consumers. The new policy, which takes effect on December 1, will include hefty cuts to tariffs on 187 imported consumer ...

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Céline Taps Into China’s WeChat Boom

PARIS, France — Following the appointment of a new chief executive, Severine Merle, in April, Céline officially joined Instagram and said it would be launching its first online store later this year. Now, the luxury-goods brand is venturing further into the digital space by opening an account on WeChat, China’s most influential social media app, which has more than 900 ...

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Investing in Fashion and Culture: China’s Fosun Group

SHANGHAI, China — Located in the heart of the Bund is an impressive architectural feat which holds its own against the countless buildings that make up Shanghai’s iconic skyline. The structure, an opulent golden exterior encased in a three-layered rotating curtain design, is home to Fosun Group’s Fosun Foundation Shanghai. A collaboration between architecture firm Foster+Partners and Heatherwick Studio, the ...

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What China’s National Congress Means for Fashion

BEIJING, China — “China is set to regain its might and re-ascend to the top of the world,” boasted Xinhua, China’s state agency, at the closing of the much-anticipated 19th National Congress of the Communist Party. Held from October 18 to 24 and presided over by China’s President Xi Jinping, this quinquennial event is the kind of elaborately choreographed affair that ...

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