Tag: Fung Global Retail

Retail Asia20/04/2017
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8min0
The Chinese government has issued updated guidance on rules for cross-border e-commerce in the world’s second-largest economy, giving stakeholders much-needed clarity on potential changes in policy that have hung over the sector for the past year. China’s Ministry of Commerce said in a statement on March 17 that overseas goods purchased online and distributed through […]

Retail Asia19/04/2017
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4min0
LVMH sales surged 15 per cent in the latest quarter to €9.88 billion (US$10.477 billion). That was nearly €400 million more than analysts had been expecting, with the result driven across all of the luxury group’s business units. Fashion and leather goods, which account for more than half the company’s turnover, rose 15 per cent […]


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