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June 28, 2026
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Apple’s Chief Executive Officer Tim Cook attends the China Development Forum in Beijing on March 24, 2024.

    John Ternus, Apple’s new CEO, inherits a rebounding China business—and some messy headaches

    2 months ago011 mins

    John Ternus, Apple’s senior vice president of hardware engineering, takes over as CEO on Sept. 1, ending Tim Cook’s 15-year tenure at the top of the world’s most valuable consumer technology company. Apple’s presence with China is perhaps the defining relationship of the Tim Cook era. Chinese factories, managed by Global 500 companies like Foxconn…

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    Why Chinese Consumers Are Turning Away from LVMH, Gucci
    • World News

    Why Chinese Consumers Are Turning Away from LVMH, Gucci

    Cs news7 months ago01 mins

    China’s $49 billion luxury market is shifting amid a prolonged economic slump. Spending on foreign premium brands like LVMH and Gucci is stalling, while consumers turn to homegrown labels such as Laopu Gold, Songmont, and Mao Geping. Bloomberg’s Shirley Zhao reports. Source link

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