Carrot And Stick: Sino US Economic And Trade Consultations Take The Lead In Calling Two Weeks To Call Tariff Again.

On Tuesday night in Beijing, Sino US economic and trade consultations took the lead, and the two sides agreed to call again in the next two weeks.

US trade representative office: it will be postponed to December 15th for the 10% tariff on computers, video game consoles, some toys, computer monitors and some footwear and clothing products originally scheduled for September 1st.

Three major stock index stocks rebounded, technology stocks and retail stocks led.

Electricity supplier The RealReal Inc. two quarter revenue grew 51% to 71 million US dollars, expected 71 million U.S. dollars. Earnings per share -2.83 U.S. dollars, adjusted -2.50 US dollars, excluding IPO costs -0.28 US dollars, expected -0.33 dollars.

Actor and singer Selena Gomez has become the latest Internet company to launch beauty business. Its July Moon Productions, a brokerage firm, has applied for several categories of beauty labels.

Shoe brand Steve Madden parent Madden Steven acquired BB Dakota, the latter earning $43 million in the fiscal year ending June 2019. Previously, the company has just acquired the brand Greats of shoe sales business with annual sales of 13 million dollars.

More than 50 major British retailers have called for the government to freeze business tax rates to prevent retailers from hitting tax increases again. Retail accounts for 5% of GDP in the UK, but it pays 10% of business tax and carries 25% of the business tax rate.

The Department announced the launch of the Curated by Kohl's program, which launched new products in the Internet and 50 stores in October, and collaborated with Facebook in 2020 to identify brands with strong community capabilities in social media.

Simon Wolfson, a Conservative MP, an EU supporter and a 18 year chief executive of Next, said the new prime minister could avoid the absence of an agreement from Europe, but the final agreement would be more than ready for the last minute before October 31st.

Sports Direct is seeking a zero rent for some stores that have just acquired apparel brand Jack Wills, instead of 5% sales commission.

Despite filing for bankruptcy protection, Barneys New York has not succumbed to the Prada group's policy of reducing wholesale channels, and will not be allowed to open its shop in Italian company to continue to serve as a wholesale partner of the luxury group.

British tide brand Superdry operators are drying up to appoint Nick Gresham as chief financial officer.

India times: Amazon intends to acquire local retailers Future Retail Ltd 8-10% shares.

The S & P retail index rose 1.60% Tuesday to 40.10 points, but failed to recover Monday's lost territory.

Greater China News

Lining's net profit increased by 196% to 795 million yuan in the first half of the year, excluding one-time non continuous business, net profit rose 109% to 561 million yuan. Revenue increased by 33% to 6 billion 255 million yuan.

Alibaba's $2 billion acquisition of NetEase koala.

Lies Dan sold Foshan's vacant factory buildings and warehouses for 63 million yuan.

Jingdong's revenue in the two quarter increased by 22.9% to 150 billion 280 million 600 thousand yuan, which is expected to be 147 billion 490 million yuan. Net profit of 545 million 900 thousand yuan or earnings per share of 0.18 yuan, adjusted by 3 billion 558 million 900 thousand yuan or ADS 2.30 yuan per share or 0.33 U.S. dollars, the market is expected to be 0.26 U.S. dollars.

Baosheng international revenue increased by 19.4% to 13 billion 370 million yuan. Interim profits increased by 39.3% to 427 million 400 thousand yuan. Earnings per share increased by 38.6% to 0.0815 yuan. No interim interest is sent.

The mid term income of Yuyuan group increased by 6.32% to $5 billion 70 million. Net profit increased by 10.52% to US $165 million 900 thousand in the medium term. Earnings per share increased by 12.47% to $0.1028. The medium-term interest rate was 0.40 dollars.

Floral tracking of 54 stocks of the apparel home textile index fell 0.33% or 6.21 on Tuesday, at 1876.95 points, with a turnover of 1 billion 272 million yuan.

Focus stock

The power of the market.

S & P retail index rebounded sharply.

Shoes and clothes are related to people's livelihood. Raising taxes is not good for anyone.

The most intense protest against the Trump administration's trade policy was the apparel retailing industry and related department stores.

An industry with heavy assets, high liquidity requirements, small profits and large numbers of employees.

Manufacturing is also an extremely important industry in which China has a large number of jobs, exports and huge spillover effects.

"God bless the people who have had enough to eat."