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The company cited recent social instability in Hong Kong and the U.S.-China trade war.
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Alibaba Registers Strong Quarter, Revenue Up 42%
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Hong Kong Protests Disrupt Airport for Second Day
As more violent scenes break out, the UN High Commissioner for Human Rights weighs in.
Fashion Brands Ignite Chinese Ire Over Sovereignty
Brands need to learn from Versace, Givenchy and Coach's mistake and be politically sensitive toward the…
Coach and Givenchy Ensnared in China Sovereignty Question, Too
Model Liu Wen, actor Jackson Yee and others have distanced themselves as the brands issue apologies.
Zimmermann Sisters in Shanghai as They Sound Out First Asia Expansion
The Australian fashion sisters say Tmall and brick-and-mortar stores in Greater China are definitely in the…
Van Cleef & Arpels to Open Permanent L’Ecole Campus in Hong Kong
After several pop-up L'Ecole programs in the city, the jewelry house is setting up its second permanent…
Triad Threat Turns Parts of Hong Kong Into Ghost Towns
Swathes of the New Territories closed up shop on Monday, fearing a reprise of Sunday night's triad attacks on…
Michael Kors Leans Into Chinese Valentine’s Day With New Ambassadors
Chinese stars Leo Wu and Lareina Song star in the new Qixi campaign just ahead of a Tmall store launch.
Protests to Hamper Hong Kong Retail Sales With Double-Digit Drop
At least two more protests are planned, and retailers start to report how the tensions are hurting their top…
Hong Kong Protesters Broaden Cause, Clash With Police in Shopping Center
The weekend saw two rallies that targeted mainland Chinese parallel trading and shut down Sha Tin's New Town…
Vipshop Buys Off-line Outlets Business Shanshan for $421 Million
The purchase gives Vipshop a brick-and-mortar business consisting of five existing outlet stores and at least…
Hong Kong Protesters Vow to Continue Mass Rallies
A month of political unrest continues to roil the city, which already had been grappling with sluggish retail…
CEO Talks: Luxasia’s Wolfgang Baier’s All-around Asian Beauty Strategy
The Singaporean company, long a leader in distributing prestige beauty to Southeast Asia, is expanding its…