DeWu, founded in 2015 by Jiangxi province-born billionaire Yang Bing as a platform to buy and resell sneakers, has become the beating heart of China’s vast luxury goods grey market, where products ...
China finance ministry says will ramp up debt issuance Size of fiscal stimulus unclear, expected to unnerve markets Beijing says will support indebted local governments Will offer subsidies to low ...
The pressure is on for China’s Finance Ministry to deliver more fiscal stimulus at a press conference on Saturday. Market sentiment has been swinging from hope to dismay as officials roll out a ...
He was the wealthiest person on the planet a few months ago, but flagging demand for luxury goods in China has cut LVMH ... François Pinault — the founder of Gucci and Balenciaga owner Kering.
Welcome to the final reveal of our Top 50 Drinks Wholesalers 2024, featuring the Top 10 businesses in the UK. Crowning our Top 50 list, these are the companies that really shone, impressing our judges ...
Beijing’s investigation of the parent of Calvin Klein and Tommy Hilfiger, which stopped buying goods from Xinjiang, has put global firms in a difficult position. By Keith Bradsher and Ana ...