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Chinese retail giants tried to juice spending with iPhone and Lululemon discounts in an annual shopping bonanza

618 is seen as a key indicator of China's general retail temperature — and early results were not promising.

By: Business Insider

Jun 24 2024
15
4221 Views

Chinese retail giants tried to juice spending with iPhone and Lululemon discounts in an annual shopping bonanza — Chinese retail giants tried to

An e-commerce anchor sold 618 promotional goods on a live broadcast at a mall in Hangzhou, China, on June 18, 2024.Cfoto via Getty Images

China's 618 shopping festival faced challenges, desp… [+2915 chars]
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