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Stocks in Asia set to rise as Dow sees largest 3-day surge in almost 90 years
CNBC, 26 March 2020
Stocks in Asia were set to trade higher on Friday after the Dow Jones Industrial Average soared overnight to its biggest 3-day surge since 1931.
Chinese vice premier stresses employment via online platforms
China Daily, 26 March 2020
Chinese Vice Premier Hu Chunhua called for all-out efforts to make full use of online platforms to boost employment as the novel coronavirus outbreak has dampened the country’s job market.
A Post-Pandemic Guide to WeChat
Business of Fashion, 26 March 2020
Coronavirus may be keeping shoppers indoors and hitting retail companies’ balance sheets, but business is booming for Chinese tech firm Tencent.
Swiss Hotelier Touts Luxury Quarantine: Virus Test Included
Bloomberg, 24 March 2020
A Swiss luxury hotelier started a “Covid-19 Service” offering wealthy clients high-end quarantine apartments with meal delivery and medical services, including virus tests.
China’s travel platforms gear up for increased domestic tourism
Technode, 23 March 2020
China’s biggest online travel agencies have reopened booking for domestic holiday packages and attraction tickets after the country’s tourism industry came to a two-month standstill following the outbreak of Covid-19.
Miu Miu Bolsters China Digital Presence With Virtual Idol, Tmall Shop
WWD, 22 March 2020
Miu Miu is making its Tmall debut on Monday, 10 days after Prada officially launched on China’s largest business-to-consumer platform.
Overseas high-end beauty brands recorded 200% sales growth
BoF China, 12 March 2020
Overseas high-end beauty brands recorded 200% sales growth during International Women’s Day Tmall promotion. Brands such as Shiseido, Lancôme, Estee Lauder and SK-II benefited from the Alibaba-owned e-commerce platform’s promotion, which included express deliveries and special sales.
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Louis Vuitton Opens on Red Book
Jing Daily, 26 March 2020
Louis Vuitton’s livestream debut on Little Red Book was further proof of the brand’s strategy to invest deeply in the platform while also trying out a new type of shopping experience to suit the virus crisis.
How China’s Beauty Business Is Rebounding Post-Coronavirus Crisis
WWD, 27 March 2020
A look at the prospects of the business’ rebound, rising trends and other opportunities.