This trend shows that Chinese people still want to be luxurious but are okay with secondhand goods. China's secondhand luxury shopping sector is booming, and sales continue to rise.
Sectors
Samsung Profit Skyrockets After Forcing Execs to Follow 6-Day Work Week, Citing Uncertainties
Samsung Electronics revealed a remarkable surge in operating profits for the first quarter (Q1). People walk past the Samsung logo displayed on a glass door at the company's Seocho building in Seoul on April 5, 2024.
Walmart Shutters 51 Health Care Services, Ends Virtual Care Services in US Over Lack of Profits
Walmart called the decision to close its health clinics in five states and discontinue its virtual health service "difficult."
Borrow-It: Redefining Ownership in the Sharing Economy Era
The world is full of stuff. Some people buy things they only need once or twice and then forever hold on to as dust collectors, while others find themselves needing a specific item that is too costly to buy but not available for one-time use. Borrow-It aims to solve these challenges by providing a platform for peer-to-peer and business-to-consumer rentals, promoting resource sharing, sustainability, and community engagement while offering a cost-effective alternative to ownership.
Martinelli's Apple Juice Recalled as High Arsenic Levels Raise Health Worries
Martinelli's apple juice was recalled for high arsenic levels, posing health risks. Other beverage companies issue recalls. Consumers are advised to discard affected products.
Latest News
The Biden Administration could make a historic drug policy shift. The US government is allegedly reclassifying marijuana as a less dangerous drug. If this happens, the Biden Administration would be making a history shift in the nation's drug policy.
Nationwide and two more significant lenders in the U.K. decided to increase their rates on new fixed deal mortgages.
Eight US newspapers sue OpenAI and Microsoft, alleging copyright infringement and unfair competition in utilizing articles to train AI chatbots.
Inflation is causing distress among low-income Americans, reflected in reduced consumer spending and heightened price sensitivity, prompting concerns from major corporations like McDonald's.
Binance founder Changpeng Zhao will soon be sentenced. Will the billionaire serve prison time? [UPDATE]: The former chief executive of Binance, Changpeng Zhao, was sentenced on Tuesday, Apr.
A recent investigation has revealed that Tyson Foods has released 371 million pounds of toxic pollutants into US waterways, prompting calls for stricter regulations from environmental advocates and concerned citizens.
Virtus Solis, led by former SpaceX engineer John Bucknell, aims to use SpaceX's Starship for affordable space-based solar power, envisioning large solar arrays in orbit to provide constant energy to Earth by 2030.
California Governor Gavin Newsom stated all electric car models may now utilize the state's Tesla charging station network.
Samsung Electronics' first-quarter operating profit was 10 times greater than the year before as its flagship memory chip division improved.
