China solicits opinions on social e-commerce regulation

2018/08 08 13:08

China's commerce ministry website has published a regulation on social e-commerce, soliciting public opinion by the end of this month. According to the regulation, social e-commerce platforms and service providers shall be registered with industrial and commercial departments. The concept, which emerged in 2013 in China, combines social media with e-commerce. E-commerce platforms Xiaohongshu and […]

Chinese, US textile trade groups oppose protectionism

2018/08 08 13:08

Courtesy: Unsplash Chinese and US textile and apparel groups expressed concern over the escalating trade conflict and their opposition to protectionism during a trade show in New York recently. The conflict is not going to benefit US consumers and fashion brands or Chinese manufacturers, according to Xu Yingxin, vice-president of the China National Textile and […]

Cross-border e-com pilot zones in 22 Chinese cities

2018/07 30 11:07

As part of its ‘firm commitment’ to open up, China has identified 22 additional cities as pilot zones for comprehensive cross-border e-commerce to upgrade foreign trade, the State Council recently announced. Such pilot zones set up in 2015 in 13 cities have made much progress, with cross-border e-commerce turnover doubling year on year for two […]

Secoo, L Catterton Asia, JD become strategic partners

2018/07 19 13:07

Courtesy: Secoo Secoo Holding, Asia's largest online integrated upscale products and services platform, is now a strategic partner of L Catterton Asia, the Asian unit of the largest and most global consumer-focused private equity firm, and JD.com, China’s largest retailer. Secoo has got a US$175 million investment as three-year convertible note from L Catterton and […]

Kaltendin & Waltonchain launch WTC-Garment system

2018/07 19 13:07

Waltonchain COO Monitor Chan (left) with director of Kaltendin Product Centre, Zhang Zhengxiong. Courtesy: PRNewswire/Waltonchain The leader in blockchain + IoT, Waltonchain, and China's high-end clothing brand, Kaltendin Product Centre have developed the WTC-Garment system, the world's first blockchain-based high-end clothing authenticity traceability platform. It was introduced at the China Smart Retail Conference and Blockchain+ […]

Intertextile Shanghai Apparel Fabrics draws global firms

2018/07 19 13:07

Courtesy: Messe Frankfurt The earlier date for the industry’s largest trade event, Intertextile Shanghai Apparel Fabrics Autumn edition, is attracting many of the biggest apparel fabrics and accessories. The famous apparel trade show, which will be held from September 27 to 29, 2018, will see around 4000-plus suppliers and more than 70,000 trade buyers from […]

Alibaba debuts first ‘FashionAI’ concept store

2018/07 12 10:07

Courtesy: Alibaba Alibaba has debuted its first 'FashionAI' concept store, demonstrating a stress-free way to shop with artificial intelligence. The pilot store, open till Saturday atHong Kong Polytechnic University, showcases Guess apparel through innovations like smart mirrors, which display product information on a nearby screen when a garment is picked or touched. The smart mirror […]

India, Indonesia, Thailand in Intertextile Pavilion

2018/07 05 05:07

Courtesy: Messe Frankfurt India, Indonesia, Thailand and Turkey will be the new participants in the Intertextile Pavilion Shenzhen, Southern China’s leading event for apparel fabrics and accessories which attracts big-name Chinese and global fashion brands, to be held during July 5-7. The show with specific country/region areas and domestic pavilions will have 968 exhibitors. There […]

RT-Mart upgrades shopping experience with Alibaba tech

2018/06 26 07:06

Courtesy: Alizilla Using Alibaba’s Hema supermarket as a model, Taiwan based hypermarket chain RT-Mart has rolled out a series of features aimed at improving the shopping experience for its customers. RT-Mart has already finished a months-long digital transformation of a quarter of its 400 stores using the New Retail technology developed by Alibaba Group. Whether […]

CHIC Shanghai to show new fashion with ‘New Makers’ motto

2018/06 26 06:06

Courtesy: CHIC Shanghai The autumn edition of CHIC Shanghai, to be held from September 27 to 29, 2018, is set to display latest innovations in fashion with its motto ‘New Makers’. With around 800 exhibitors from 21 countries at 65,000 square metres area, this edition of Asia’s leading fashion trade fair will provide the essential […]

Taobao charting out plans to tap millennial consumers

2018/06 07 14:06

Courtesy: Alizilla Taobao, China’s leading e-commerce platform, is charting out plans to strengthen its position as a top destination for millennial consumers whose purchasing power and willingness to spend exceeds that of previous generations. It is supporting unique stores as a way to tap young middle-class consumers, who are inclined for the different and off-beat. […]

China cuts import tariff on clothing to 7.1% from July 1

2018/06 07 14:06

Chinese Premier Li Keqiang (3rd from right) communicating with officials from the ministry of commerce. Courtesy: China Government Network Effective July 1, 2018, the Government of China will reduce average tariff rate for clothing, shoes and hats, kitchenware, and sports and fitness supplies from 15.9 per cent to 7.1 per cent. Indicating further cut in […]