Vipshop news and archive

Chinese stocks trading in New York at a rise on potential Chinese economy boost

Chinese stocks trading in New York rose for a seventh week in a row thanks to investors support: market expects that the Chinese government may roll out more policies to encourage the economy after corporate earnings trailed analysts’ forecasts. The Bloomberg China-U.S. Equity Index rose 6.1 percent last week, the biggest five-day gain since...

Business

BrandAlley secures multi-million investment from Vipshop

British fashion online platform BrandAlley has received a several millions of pounds investment from Chinese apparel group Vipshop. The latter is reported to have acquired a minority stake with a view to allowing for British labels to enter China through online sales. As reported by ‘Drapers’, BrandAlley will use the investment to fuel the...

Business

Columbia gains, Urban Outfitters and Vipshop lose in Wednesday's session

Citigroup updated the rating of Portland, Oregon-based outdoor company Columbia Sportswear Co. (COLM) from "neutral" to "buy" on Wednesday. The company stated their reasons for raising its rating on the outdoor apparel, footwear, accessories and equipment designer, marketer and distributor, based on its "proprietary outwear survey, positive...

Design

Vipshop Holdings rallies on Goldman Sachs 'buy' recommendation

Chinese retail giant Vipshop Holdings Ltd. (VIPS) rallied to a one-week high after Goldman Sachs Group Inc. upped their recommendation on the stock to 'buy'. In a note issued Monday, Goldman Sachs analysts led by Weibo Hu highlighted that the retailer's share of the Chinese apparel market is expected to grow to 1.5 percent in 2016 from 1 percent...

Fashion

'Retail is lost skill in China'

European fashion companies whose aim is to sell directly to Chinese consumers are facing a difficult time. "It's a huge market. China is vast and, because of the big economic and cultural differences between the various regions, its inhabitants are difficult to divide into target groups," says Simon Wei, independent advisor to enterprises such...

Fashion

Vipshop shares gain 124 percent since IPO

The Chinese web retailer Vipshop Holdings Ltd. (VIPS) that sells brands including Calvin Klein and Nike at a discount, is handing investors the best returns among foreign companies that went public in the U.S. this year as slower growth in the Asian nation stokes demand for low-cost items, according to data compiled by Bloomberg. “Vipshop has a...