China’s top ride-hailing app dropped Swedish fashion retailer H&M from its listings as Chinese celebrities stopped endorsing foreign labels in a growing uproar over Western accusations of forced labour in Xinjiang.
More foreign retail brands came under criticism from social media in China on Thursday, in the wake of Beijing's propaganda offensive against H&M over the Swedish company's previously aired concerns on Xinjiang.
Swedish clothing giant H&M's decision to no longer source cotton from China's Xinjiang region is drawing a backlash as the country adopts an increasingly assertive stance against accusations of human rights violations.
Following a year heavily affected by the Covid-19 pandemic, a new report from Launchmetrics has measured the success of the luxury industry’s marketing investments, crowning Dior as the undisputed media king.
Fashion label Gucci will open two flagship stores on Alibaba's online luxury shopping platform, underscoring the importance of the Chinese market for high-end brands seeking to reverse a revenue slide due to Covid-19.
Luxury puffer jacket maker Moncler is betting heavily on younger consumers and the Chinese market to help sales bounce back from the coronavirus crisis, its boss said, seeing scope for a recovery in late 2021.