Luxury brands lure Chinese shoppers despite slowdown

By AFP-Relaxnews Published May 4, 2024 Sipping champagne and nibbling fried dumplings, Shanghai’s rich and influential posed by Louis Vuitton signs at a runway afterparty –- a lavish affair designed to win customers in China’s crucial market. China is the world’s biggest spender in the luxury sector, accounting for half of global sales. But as … Read more

China’s spy agency warns foreign groups are using consulting ‘as a cover’ to steal secrets

In the video, a man travels in time to remind his past self to stay alert and avoid leaking information related to the economy, technology and military to the consultancy. China warns foreign hackers are infiltrating business and government networks Over the past year, the state security ministry has become more active on social media … Read more

Asia Pacific private equity deal and fund-raising activity plunged as investors pull back

Japan bucks trend, making it No.1 deal market in region for first time Returns remain attractive Funds are developing strategies to improve exit value and venturing into alternative asset classes for growth SINGAPORE, March 24, 2024 /PRNewswire/ — An unsettling mix of macroeconomic conditions and uncertainty has led to yet another year of slowdown in … Read more

Revolve Group reappoints Jennifer Baxter Moser to board

Revlon Group announced on Friday the reappointment of Jennifer Baxter Moser to its board of directors, effective immediately. Baxter Moser will also serve as a member of the audit committee and compensation committee. Jennifer Baxter Moser – Courtesy The executive previously served on the Los Angeles-based fashion company’s board of directors during “a period of significant growth … Read more