LONDON, United Kingdom — Covid-19 has thrown the global retail sector into a state of chaos from which it might take months, if not years, to recover. It also worsened tensions between the world’s two biggest superpowers as President Trump adopted a ‘blame China’ strategy. This month, an internal Chinese government dossier reportedly informed leaders […]
'Revenge Buying' in China Won’t Save Luxury
SHANGHAI, China — The term “revenge buying” has become a hot topic in China as the country begins to emerge from the worst of its coronavirus outbreak. Since February, when much of China was under some form of quarantine measures, local social media platforms began filling with tales of real or imagined “revenge buying.” In general, […]
JD.Com CEO Released Following Arrest Over Alleged Sexual Misconduct
BEIJING, China — The founder and chief executive of Chinese e-commerce giant JD.com Inc, Richard Liu, was arrested in the US state of Minnesota on a charge of criminal sexual conduct and later released, a county sheriff’s department jail roster showed. The charge against Liu, 45, was made just before midnight local time on Friday, […]
Bits & Bytes | Dolce & Gabbana Sends Drones Down the Runway, JD.com's Blockchain Accelerator
Dolce & Gabbana Used Drones to Carry Handbags Down the Runway Instead of Models (The Verge)“Seven or so drones flew down the runway, each carrying a leather and jewel-encrusted handbag from the company’s latest Autumn/Winter 2018 collection. Once the drones were done, human models returned to show off D&G’s clothes, proving that perhaps humans aren’t […]