Chinese Whispers: JD.com Refutes Layoff-related Employee Suicide Rumor, and More
In “Chinese Whispers,” we share the biggest news stories about the luxury industry in China that have yet to make it into the English language. In this week’s edition, we discuss: A social media rumor of a JD.com employee’s suicide,Vipshop‘s faltering business, andA Chinese buyer acquired LK Bennett. 1. JD.com denies that an employee’s suicide was related to the company’s recent mass layoffs – Sohu It’s no exaggeration to say that JD.com, China’s second-largest e-commerce…