Jan 27, 2023 - Luxury retailer LVMH is optimistic as it sees Chinese shoppers and tourists returning

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From the Editor's Desk Why my bittersweet relationship with Shein had to end I’m a lot like everyone else these days, doing a bit of self-reflection at the beginning of the year. I’m a tech reporter, but I also use tech platforms for my personal life. And throughout the last year, I’ve been really considering my bittersweet personal relationship with … online shopping. To be honest, I’ve been missing the online shopping experience in China since I moved to the US four years ago. I grew up in China at the same time that Taobao, a popular e-commerce platform, inserted itself into the center of everyday life. Whatever common, luxury, niche, or handmade products you wanted, you could always find them online on Taobao, and at a cheaper price than in brick-and-mortar stores. It really is the place of abundance. Continued here TradeBriefs: Newsletters for Decision-Makers! Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails. Want the newsletters, without the promotional mailers? Get an (ad-free) subscription to TradeBriefs Premium for just $2 per month. Access to premium content | No advertisement mailers Work Luxury retailer LVMH is optimistic as it sees Chinese shoppers and tourists returning Guiony, however, said the declines are largely due to favorable comparisons in the first two quarters and the surge in Americans taking advantage of a strong dollar to buy luxury goods in Europe over the summer. He said sales at Sephora — the beauty retailer owned by LVMH — showed no signs of consumer weakness in the U.S. and had \"high growth in the fourth quarter.\" Work Colbert Reveals 'Ominous' Sign Trump's About To Step Out On His Biggest Fans By entering your email and clicking Sign Up, you\'re agreeing to let us send you customized marketing messages about us and our advertising partners. You are also agreeing to our Terms of Service and Privacy Policy. � Work Buy the dip? Top Morningstar strategist names 3 stocks trading at a steep discount Work Morgan Stanley has a simple tech playbook, names TSMC and others as stocks to buy right now � Work 'He's Lost Touch With Reality': George Conway Rakes Meta For Welcoming Trump Back By entering your email and clicking Sign Up, you\'re agreeing to let us send you customized marketing messages about us and our advertising partners. You are also agreeing to our Terms of Service and Privacy Policy. Work Israeli, Gaza Fighters Trade Air Strikes, Rocket Fire After Deadly West Bank Raid By entering your email and clicking Sign Up, you\'re agreeing to let us send you customized marketing messages about us and our advertising partners. You are also agreeing to our Terms of Service and Privacy Policy. � Work Fashion retailer H&M's profit tumbles more than expected as costs bite The hit from quitting Russia, higher raw material, freight and energy costs, currency translation effects and the restructuring charge totalled around 5 billion crowns, Chief Executive Helena Helmersson said. Work Judge allows Capitol Police officers' civil lawsuit against Trump and January 6 rioters to proceed | CNN Politics Mehta, who sits on DC's federal court, said in a Thursday opinion that the Capitol Police officers' lawsuit could also move forward against several other individuals as well, including members of far-right militia groups such as the Oath Keepers, Three Percenters and the Proud Boys. � Work EV battery giant LG Energy Solution upbeat on N.America market outlook Battery maker LG Energy Solution (LGES) said on Friday demand for electric vehicle (EV) batteries in North America would likely stay strong this year, boosting its revenue. Work Adani shares plunge further as it weighs legal action against short seller firm Since becoming a billionaire in 2008, Adani is now one of the richest people in the world, with a $113 billion fortune, according to the Bloomberg Billionaires Index. His net worth dropped about $7 billion in the year to date, the index showed. � Work Officials In Colorado Treated To 400 Bear 'Selfies' On Wildlife Camera By entering your email and clicking Sign Up, you\'re agreeing to let us send you customized marketing messages about us and our advertising partners. You are also agreeing to our Terms of Service and Privacy Policy. Work Jimmy Kimmel Gets Roasted By Certified TV Legend In Anniversary Opener By entering your email and clicking Sign Up, you\'re agreeing to let us send you customized marketing messages about us and our advertising partners. You are also agreeing to our Terms of Service and Privacy Policy. � Work We may be entering a bold new era in the treatment of depression Depression is much more complicated than we thought, but new ideas about its biological causes have already led to promising treatments Work 3-month-old conjoined twins separated in historic surgery at Texas hospital Two conjoined twin girls who shared a liver were successfully separated Monday in a Texas hospital. � Work EU regulator accepts for review Alzheimer's treatment from Eisai-Biogen Japanese drugmaker Eisai Co Ltd and Biogen Inc said on Thursday the European Medicines Agency (EMA) had accepted a marketing authorization application for their Alzheimer's disease drug. Work Work From Home Or Anywhere: Top 30 Companies For Remote Jobs In 2023 Looking for work from home jobs or travel-friendly remote jobs? A new report ranks the best companies to work for in 2023. Work Beyonc, a $100k-a-night suite and a red carpet of influencers: Dubai basks in its booming economy As property and rental prices continue to climb, Dubai\'s dramatic recovery and continuing ascent — most recently highlighted by the lavish opening of Atlantis The Royal — may yet leave some of its residents behind. Work China looks past Covid as tourist bookings surge for the Lunar New Year \"We think that\'s a very positive sign of resilience and how quickly consumer confidence will improve,\" Oliver Wyman partner Imke Wouters said in a phone interview earlier this month. \"Retail sales are directly linked to consumer confidence.\" Work Will U.K. Rejection of Scottish Gender Bill Bolster Independence Movement? That sense of political exhaustion was encapsulated by the political commentator Alison Rowat in The Herald. “How much constitutional drama,” she wrote “can one small but beautifully formed nation be expected to take?” Work Jim Jordan Asked A Question About Kayleigh McEnany. It Did Not Go Well. By entering your email and clicking Sign Up, you\'re agreeing to let us send you customized marketing messages about us and our advertising partners. You are also agreeing to our Terms of Service and Privacy Policy. Work Victor Navaskys Vast Intellectual Universe The former longtime editor of The Nation, who died on Monday, opened up unimaginable worlds to countless journalists like me. Work Putin plans new Ukraine push despite losses as he prepares for years of war Mr Putin remains convinced that Russias larger forces and willingness to accept casualties will allow it to prevail. Read more at straitstimes.com. Work Man Convicted in Terror Attack That Killed 8 on a Manhattan Bike Path Mr. Trevisan recalled that he was talking with the bicyclist to his immediate left, Hernan Ferruchi, when he heard a strange sound, which he tried to imitate for the jury — “too-toom, too-toom, something like that,” Mr. Trevisan said. Work 'What The Actual F**k?': Matt Damon Loses It Over Kimmel's 20th Anniversary Snub By entering your email and clicking Sign Up, you\'re agreeing to let us send you customized marketing messages about us and our advertising partners. You are also agreeing to our Terms of Service and Privacy Policy. Work Lightyear halts production of its 250K solar EV to focus on its cheaper model Citing challenges, Lightyear stops producing its flagship solar EV. Instead, it will focus on the more affordable Lightyear 2. Work NSW plan to offer emissions offsets with car registration sends wrong message, critics say It could undermine peoples intent to find ways to reduce emissions from driving. Offsets dont really reduce emissions, climate scientist says Work After job cuts, BuzzFeed employs ChatGPT to create website content BuzzFeed, the New York-headquartered internet media company will use ChatGPT's Open Artificial Intelligence to generate content for its website. This includes quizzes, which is attributed as the first step in extended content creation, Forbes reported.Buzzfeed had announced last month that it would cut its workforce by about 12 per cent.ALSO WATCH |Gravitas | ChatGPT Explained: How does the platform work? Work Pamela Anderson Reveals Her Feelings Toward 'Pam & Tommy': 'Salt On The Wound' By entering your email and clicking Sign Up, you\'re agreeing to let us send you customized marketing messages about us and our advertising partners. You are also agreeing to our Terms of Service and Privacy Policy. Work Rani Mukerji's 'Mrs Chatterjee Vs Norway' release postponed to a new date The movie, directed by Ashima Chibber of Mere Dad Ki Maruti fame, was earlier set to be released on March 3. Work Rep. Alexandria Ocasio-Cortez Slams Republican Who Urged Her To 'Educate' Herself By entering your email and clicking Sign Up, you\'re agreeing to let us send you customized marketing messages about us and our advertising partners. You are also agreeing to our Terms of Service and Privacy Policy. Work In Wave of Strikes, Russian Missiles Kill 12 Across Ukraine But unlike its past offensives in the Kharkiv region to the northeast and the Kherson region to the south, “the next offensive comes with risk,” he said. “If it’s not successful, Ukraine faces the real danger of a counteroffensive.” Work UK fintech firm Wise accused of stifling competition by rival startup Atlantic Money writes to CMA to raise concerns about being blocked from Wise price comparison sites Work Russia-Ukraine war live: Zelenskiy calls for further sanctions and more weapons after latest strikes Explosions heard near Zaporizhzhia nuclear power station during Thursdays strikes, says UN nuclear agency Work Woman, 29, Enrolled in High School and Pretended to Be a Teenager Nearly a dozen students showed up at Tuesday’s Board of Education meeting prepared to express concerns about the incident but were not permitted to speak because of a rule requiring speakers to register in advance. Work Here's where mainland Chinese traveled overseas for the Lunar New Year However, Japan and South Korea — both popular among Chinese tourists — subsequently imposed temporary restrictions on travelers from China, including limits on visas and quarantining Covid-positive individuals. Work Almost 300 jobs at risk at Asda and 4,100 staff face pay cut The retailer also said it will cut hours at in-store Post Office shops and close seven pharmacies Work Seth Meyers Roasts Tucker Carlson's 'Elaborate Fantasy' About Mike Pence By entering your email and clicking Sign Up, you\'re agreeing to let us send you customized marketing messages about us and our advertising partners. You are also agreeing to our Terms of Service and Privacy Policy. Work Masaba Gupta Marries Long-Time Boyfriend Satyadeep Misra Masaba Gupta on Friday morning announced that she has tied the knot with actor and long-time boyfriend Satyadeep Misra, who she met on the sets of her Netflix show 'Masaba Masaba'. Work Grand Canyon's Havasu Falls to reopen to visitors after 3-year closure It's a long hike from the canyon rim - eight miles (13 kilometers) to the village of Supai and another two miles (3.2 kilometers) to the falls. And then you have to hike back up and out. Work Magician Gopinath Muthukad To Get Recognition Certificate From Kerala High Court For His Uplifting Work For Specially-Abled Children The Kerala High Court on Wednesday recognised the efforts being made by magician Gopinath Muthuka Work Buzzfeed inks $10 mn deal with Meta; will OpenAI for content, say reports Digital media company Buzzfeed is goin big on AI-generated content, reports say, the company now plans to use ChatGPT creator OpenAI to generate specific content for the site. Work Opinion | How to End South Koreas Birth Strike? Feminism. The Times is committed to publishing a diversity of letters to the editor. We’d like to hear what you think about this or any of our articles. Here are some tips. And here’s our email: letters@nytimes.com. Work AI ChatGPT is helping CEOs think. Will it also take your job? Chatbots will devalue some workers' skills, but also could create higher quality jobs that require a human's judgment. Work U.S. Senator blocks bid to close EV tax window Senator Debbie Stabenow thwarted a bid on Thursday by fellow Democrat Joe Manchin to pass a measure that would block some electric vehicles from receiving a $7,500 tax credit. Work Indus Towers shares drop 12% Indus Towers shares may fall further in case Vodafone Idea exits or services are stopped, according to brokerages like Ambit and Kotak. Work BuzzFeed's CEO says AI could usher in a 'new model for digital media,' but warns against a 'dystopian' path | CNN Business Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited. Work This bio-designer is creating flavorful future food with microalgae Work Elon Musk's Twitter Sued In Germany Over Antisemitic Posts, Holocaust Denial By entering your email and clicking Sign Up, you\'re agreeing to let us send you customized marketing messages about us and our advertising partners. You are also agreeing to our Terms of Service and Privacy Policy. Work Republicans demand spending cuts to lift the debt limit. They won't say what to cut. There is no unified GOP plan or theory about what to attach to a debt ceiling increase, complicating Speaker McCarthy's task of passing a bill with his narrow House majority. Work EU regulator accepts for review Alzheimer's treatment from Eisai-Biogen Japanese drugmaker Eisai Co Ltd and Biogen Inc said on Thursday the European Medicines Agency (EMA) had accepted a marketing authorization application for their Alzheimer's disease drug. Work EV battery giant LG Energy Solution upbeat on N.America market outlook Battery maker LG Energy Solution (LGES) said on Friday demand for electric vehicle (EV) batteries in North America would likely stay strong this year, boosting its revenue. Work Buy the dip? Top Morningstar strategist names 3 stocks trading at a steep discount Work These 6 global ETFs are the only ones to have posted gains every year for the past five years Work Hasbro warns of weak holiday quarter results, cuts 15% of its workforce Hasbro said it still intends to create a new open game license, or OGL, but that it will not include a royalty structure or give itself access to intellectual property made by third-party content creators. Work 'I don't serve Black people': Oregon woman awarded $1 million over incident at gas station © 2023 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information | Ad Choices FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions. Work Las Vegas visitors pay too much for hotel rooms because big resorts use 'under-the-table deals' to jack up prices, lawsuit says © 2023 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information | Ad Choices FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions. Work Elon Musk says his biggest Tesla competition will be a Chinese automaker: They work the smartest More from Fortune: Olympic legend Usain Bolt lost $12 million in savings to a scam. 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Work Linda Reynolds sends formal defamation complaint to Brittany Higginss partner David Sharaz In 2021 Reynolds apologised to Brittany Higgins for calling her "a lying cow", in comments made privately but subsequently publicly reported, and agreed to pay legal costs and make a donation to a sexual assault charity as part of a confidential settlement. Work Robodebt inquiry hears claim social services official sat on damning external legal advice about scheme Essex, whose Linkedin notes she designs "solutions to wicked problems" and likes "working with impossible timeframes", added: "I accept that you don't think I did that as quickly as I could have." Work Uluru statement architect confident of Indigenous voice success despite Invasion Day calls to vote no “How do you get them to listen? You lock it into the constitution,” she said. “By what our mob call the ‘big law’. They have to follow their own law. That’s why they have to listen because we will have the protection of the constitution, which comes to us from the Australian public, not the politicians.” TradeBriefs Publications are read by over 10,00,000 Industry Executives About Us  |  Advertise Privacy Policy  |  Unsubscribe You are receiving this mail because of your subscription with TradeBriefs. Our mailing address is GF 25/39, West Patel Nagar, New Delhi 110008, India Subscribe to: Post Comments (Atom) Tweets Tweets follow me on Twitter Microsoft Silverlight - Change the World Connect with Me Random Hacks! - My Blog @ MSDN Loading... Where Dreamers Dare! Loading... About Me Sayan Will copy and paste later from my official biography! 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