New products, new stores: China goes for novelty factor to boost consumption, but will it work?


China's policymakers are hoping new stores, launches and technologies will encourage people to loosen their purse strings. - LIANHE ZAOBAO

BEIJING: Before Supreme opened its first China store in Shanghai in March 2024, there were concerns that the New York-based skate brand was late to the game in China and would have issues enticing consumers, having missed the streetwear heyday.

As it turns out, they need not have worried.

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China , products , economy , stores

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