Estée Lauder Settles Shareholder Lawsuit Over China Grey Market Sales Allegations

The Estée Lauder Companies Inc. has reached a settlement in a class-action lawsuit that accused the beauty giant of defrauding shareholders by allegedly concealing its over-dependence on improper grey market…

Australia’s Top Diplomat Arrives in China to Discuss Energy Security Amidst Global Tensions

Australia’s Foreign Minister, Penny Wong, has commenced a crucial visit to Beijing, engaging in high-level discussions with her Chinese counterpart, Wang Yi, focusing on the pressing issue of energy security.…

RedNote’s Ascendancy: Navigating the Shifting Tides of China’s Beauty Market

With a formidable user base of approximately 350 million active monthly users, RedNote has rapidly cemented its position as a dominant force within China’s vibrant beauty landscape. However, the platform’s…

China Accelerates Towards Autonomous Driving Dominance as Beijing Auto Fair Showcases Future of Mobility

The Beijing Auto Fair, a colossal industry event that commenced on Friday, served as a potent demonstration of China’s unwavering commitment to leading the global automotive transformation. Spanning an impressive…

Moncler Reports Robust Sales Growth Fueled by Strong Demand from China and Korea, Despite European and Middle Eastern Weakness

The Italian luxury outerwear group, Moncler, has announced a period of significant sales expansion, with its flagship brand Moncler experiencing a surge driven primarily by robust consumer spending in China…

The Shifting Sands of Shanghai: Can Western Brands Adapt to China’s Evolving Luxury Landscape?

On his first visit to Shanghai since the onset of the global pandemic, Imran Amed, founder and CEO of The Business of Fashion, observed a market that has undergone a…

The Sheer Number of International Activewear Players Operating in China Undercuts the Idea That Chinese Consumers Have Shunned Foreign Brands Entirely

The $67 billion Chinese sportswear market, a dynamic arena currently experiencing an unprecedented boom in outdoor sports, is presenting a more complex picture than a simple narrative of foreign brand…

US-China AI Race Escalates as Beijing Detains Founders of Acquired Startup Manus Amid "Selling Young Crops" Backlash

The United States and China are locked in an all-out race to build the most powerful artificial intelligence on the planet, a high-stakes competition now dramatically underscored by Beijing’s unprecedented…