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China

China’s Devalued Yuan: L Capital’s Thakran Gives His Perspective

The businessman downplays recent currency moves in China.

Li-Ning Losses Narrow in First Half

Chinese sportswear giant Li-Ning on Thursday reported a narrower first-half loss.

Massive Explosion Shakes Chinese Port of Tianjin

A massive explosion has rocked the major port city of Tianjin in northeastern China, reportedly caused by…

Macy’s Forms Joint Venture with Fung Retailing to Test E-Commerce in China

Macy's wants to explore e-retailing in China as the country's 668 million-strong Internet population fuels an…

China Devalues Its Currency to Three-Year Low, US Dollar Rises

In a surprise move Tuesday, China let its currency, the renminbi (RMB), fall to three-year lows, further…

Chinese Spending Slowdown Could Be a Sign of Trouble

Retail sales growth has ticked back in China.

Global E-commerce Seen Growing 25% This Year

EMarketer Inc. says U.S. online sales of apparel and accessories is on track to post double-digit gains…

China Turmoil Weighs on European, Asian Stocks

Retail, luxury stocks down following surprise move by China to devalue the yuan in a bid to stimulate the…

China Currency Devaluation Could Have Broad Impact

The devaluation of the yuan by almost 2 percent on Tuesday could trigger other central banks to follow suit.

China’s Move Comes as Inventories Build

The devaluation of the yuan comes at a time of rising inventories.

Alibaba Invests $4.6B in Chinese Electronics Chain Suning

Chinese e-commerce king Alibaba Group Holding Ltd. is making a play for brick-and-mortar domination on its…

Alibaba Taps Into Chinese Demand for Duty-Free Luxury

China’s Alibaba may have to crack down on its site’s unauthorized sellers and their gray market goods, but…

Fashion Apparel Stocks Bounce Back After Greece, China Woes

Macroeconomic news from the collapse of the Chinese stock market to economic concerns in Greece took a toll…

Asian Countries Lead June Import Surge

Apparel imports from Bangladesh up 23 percent in June, as Asian suppliers post strong import growth.

Key Issues Detailed in Retail Sourcing Report

The global manufacturing sector remained in a soft growth patch at the end of the second quarter.