Why did Apple suffer an 18.2 percent decline in holiday quarter iPhone sales in China? Chinese consumers prefer smartphones from rivals, noted Bloomberg. Huawei’s sales increased 15.5 percent in the ...
The rise of Daigou trading remains a concern for luxury brands. The luxury market in China saw an 18 to 20% decline in 2024, returning to 2020 levels, according to Bain & Company’s China Luxury Report ...