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(XPEV) - Why XPeng Is Embracing a Dealership Distribution Model with Zhongsheng Group

(XPEV) - Why XPeng Is Embracing a Dealership Distribution Model with Zhongsheng Group
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How Russia's Richest Woman Made Her Fortune in Fashion | BoF Professional, Worldview, News & Analysis

How Russia's Richest Woman Made Her Fortune in Fashion | BoF Professional, Worldview, News & Analysis
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Xinjiang cotton controversy: 30-fold jump in online prices of Li Ning, Anta footwear as market crackdown looms


Posted : 2021-04-07 14:56
Updated : 2021-04-07 17:19
Former NBA Miami Heats Dwyane Wade stands in front of a company logo of Li Ning during a promotional event for Li Nings Way of Wade sneakers in Beijing in July 2013. Wade signed a multi-million dollar contract with Li Ning in 2012 but the sneakers that bear his name are in short supply. Reuters
The controversy over Xinjiang-produced cotton has fired the imagination of many Chinese punters, as nationalistic buying fervour sends some home-grown footwear brands to uncharted speculative heights.
Prices for some shoes produced by Li Ning and Anta Sports surged by at least eight-fold on an obscure e-commerce platform called Dewu. The phenomenon follows a surge in the share prices of Chinese apparel makers as Chinese consumers snubbed foreign brands in what the US called a state-led boycott. ....

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Chinese 'limited edition' sneakers soar after Xinjiang backlash | WSAU News/Talk 550 AM · 99.9 FM


By Syndicated Content
Apr 6, 2021 7:01 AM
BEIJING (Reuters) - Prices of some Chinese limited edition sneakers soared among collectors and speculators following calls for local consumers to boycott global brands that have said they don t source products or yarn from China s western Xinjiang region.
Nike and Adidas came under attack on Chinese social media last month over past comments.
Some researchers and foreign lawmakers say Xinjiang authorities use coercive labour programmes to meet seasonal cotton picking needs, which China strongly denies.
The listed price of the All Star version of Li-Ning Way of Wade 4 on the Dewu App - the country s largest sneaker resale platform also known as Poizon - reached 48,889 yuan ($7,463) per pair, 31 times higher than the official price of 1,499 yuan, the state-owned Global Times reported on Monday. ....

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