Retail News Asia: Forever 21 China Closes Down Online Stores

Access Partnership's Policy Manager Xiaomeng Lu was quoted by Retail News Asia on Forever 21 closing China operations: “Overall this is a big and tough market to compete for non-Chinese brands, given strong domestic competition and unique consumer demands. Domestic e-commerce giants such as Alibaba, JD.com, and Pinduoduo compete fiercely against each other as well as edge out smaller brands." Read the full story here.

Access Partnership’s Policy Manager Xiaomeng Lu was quoted by Retail News Asia on Forever 21 closing China operations:

“Overall this is a big and tough market to compete for non-Chinese brands, given strong domestic competition and unique consumer demands. Domestic e-commerce giants such as Alibaba, JD.com, and Pinduoduo compete fiercely against each other as well as edge out smaller brands.”

Read the full story here.

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