Consumer Economy

Meituan Youxuan’s shutdown ended a subsidy war and opened a new phase in China’s retail competition.

Swollen inventories, weak sell-through, and strained distributors still weigh on the industry despite the price update.

The Kickstarter-backed device marks an effort to move beyond specialized tennis equipment and build a software-driven sports ecosystem.

The capabilities it develops for one product can often be adapted across categories.

The group is scaling back unproven store formats after its flagship brand missed growth targets.

The Chinese discount lifestyle retailer plans to use original IP to fuel growth.

The notice suggests the fast fashion giant may have already filed confidentially with the Hong Kong Stock Exchange.

Shares of the “Hermes of gold” have fallen about 60%, outpacing declines among peers and the metal itself.