Alibaba-affiliated fintech giant Ant Group has announced its long-awaited public offering with a dual listing on the new Shanghai Stock Exchange’s Star Board (or the Science and Technology Innovation Board, which is being dubbed “China’s Nasdaq”) and also on the Hong Kong Stock Exchange.
Business
Big changes in Chinese luxury e-commerce
The luxury fashion house Kenzo is to open a standalone store on Alibaba Group’s Tmall Luxury Pavilion, a dedicated platform for luxury and premium brands. This makes Kenzo the first LVMH-owned fashion label to open a flagship store on Tmall even though the luxury group has already introduced a growing range of its beauty, accessories and wine subsidiaries on Tmall and the Pavilion, including Guerlain, Givenchy, Fresh, Benefit, Rimowa, Tag Heuer, Zenith and Moët Hennessy to engage online consumers.
What do Santa Claus and gaming companies have in common? (Part 1)
Everyone knows Finland houses “the real” Santa Claus, or simply Santa. However, not many among us may be aware that Finland has also given birth to some of the most successful games companies in the world today.
Global Challengers: Anta Sports
Anta Sports is a great example of the type of Global Challengers we are looking for. The Anta brand was established in 1991. The company’s strategy is to be a competitive global player in terms of sportswear and apparel. They are already known as ‘China’s Nike’. Thanks to the acquisition of Amer Sports, a Finish sportswear conglomerate having brands such as Wilson, Salomon, Arc'Teryx, PeakPerformance, Atomic, they are now also expanding globally.