China’s e-commerce firms reported an increase in the number of shoppers and a growth in sales for this year’s Singles’ Day ...

While Singles’ Day was previously a one-day event, shopping platforms in China now kickstart the festival weeks ahead to drum ...

The growth trajectory of China's luxury market is weighed by economic uncertainties and changing consumer behavior. Explore ...

A recent Oliver Wyman survey found that Chinese travelers are not only spending less on luxury goods, but also turning to ...

China's largest e-commerce company Alibaba Group said it recorded "robust growth" in sales and a "record number" of shoppers ...

Chinese E-Commerce Firms Report Growth in Sales, Shoppers for Singles' Day Shopping Festival HONG KONG ... adding that consumers are shifting away from luxury to premium brands that align with ...

The focus has shifted from luxury items to necessities ... transforming Singles Day into a country-wide shopping spree. Last year's Singles Day saw Chinese consumers spending a staggering 1. ...

But amid China’s lagging domestic economy ... said that despite the luxury downturn, the shopping festival still showed strong sales for goods in premium price brands across categories like ...

HONG KONG (AP) — China’s e-commerce firms reported an increase in the number of shoppers and a growth in sales for this year’s Singles’ Day shopping ... away from luxury to premium brands ...

The luxury high-profile car dealer and business partner Marvin Burke spent more than three decades building a $250m business ...