Chinese ecommerce titan Alibaba enjoyed record sales during its Singles Day shopping extravaganza, giving a much-needed boost to the firm after a torrid year in which it became the symbol of a government crackdown.
China will continue its scrutiny of the internet sector, rooting out practices including the blocking of site links by rival platforms and ensuring smaller players have room to develop, its industry minister has said.
At the event’s inaugural conference, Pascal Morand, executive president of the French Haute Couture and Fashion Federation, presented a software to measure the event's impact, and the federation’s support of new labels.
Alibaba Group will invest 100 billion yuan ($15.5 billion) by 2025 in support of "common prosperity", it said, becoming the latest corporate giant to pledge support for the initiative driven by President Xi Jinping.
Louis Vuitton and Bulgari on Tuesday joined a legion of brands in dropping Chinese-Canadian pop idol Kris Wu, as sexual assault allegations swirling around the star drew condemnation across Chinese social media.
The Biden administration has asked two federal appeals courts to dismiss the Justice Department's legal challenges to court rulings that barred a Trump-era effort to ban new downloads of video-sharing app TikTok.
Fashionistas have been predicting the death of haute couture for over decade, but when the next Paris haute couture season debuts next week, it will boast more live catwalk shows than any fashion season this year.