Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.
Embattled UK fashion retailer New Look is to quite China, closing some 130 remaining stores. The move follows a strategic review of the China business announced back in June, when the company put the brakes on an ambitious 450-store rollout plan after opening…
Chinese e-commerce platform JD is preparing to launch a flagship US store on Google. The move will allow JD, the second largest online retailer in China, to sell directly to American consumers by the end of the year, despite the emergence of potential new…
China Mobile Hong Kong has announced the four finalists who will represent Hong Kong in the semi-finals of the China Mobile OneNET Start-ups Marathon Competition later this month. Bravolinear Tech, IOTANET, Peacify and Stoneroad IOT will compete with IoT…
Taiwanese smartphone maker HTC has opened the doors of its first global flagship store for its Vive VR headset. The Shenzhen store will offer consumers the chance to experience VR technology in a relaxed in-store environment. The brand wants consumers to…
International private equity firm L Catterton has substantially divested from Chinese mall operator Sasseur Cayman Holding. The firm has reduced its shareholding from 58.86 per cent to just 1.36 per cent, as part of ongoing efforts to optimise its portfolio.…
Tmall, the largest B2C ecommerce platform for global and domestic brands and retailers in China, hosted its “See Now, Buy Now” Tmall Collection Fashion Show during the weekend in Beijing, kicking off the month-long lead-up celebration to Alibaba Group’s 2018…
BMW is recalling about 1.6 million diesel cars to fix a potential fire hazard in their engines, expanding repairs from just under half a million vehicles in Europe and Asia. The voluntary service action follows a BMW investigation that found coolant could…
Korean companies operating in China are less optimistic about business conditions in the fourth quarter of this year, as the Chinese economy is cooling amid a trade spat with the United States, a survey showed Sunday. According to the Korea Institute for…
China Unicom has revealed it expects to report a more than doubling of its profit for the first nine months of the year, despite facing significant pressure on mobile service revenues. The operator’s unaudited results show a 116.6% increase in net profit for…
Embattled UK fashion retailer New Look is to quite China, closing some 130 remaining stores. The move follows a strategic review of the China business announced back in June, when the company put the brakes on an ambitious 450-store rollout plan after opening…
Beauty brand 3INA, following its success in the Chinese platform Xiaohongshu, launched in Hong Kong yesterday. Since the 3INA customer is the Millennial, the digital platforms have been a large part of the brand’s marketing and selling strategy. Social media…
Chinese e-commerce company JD is opening its logistics network up to consumers to send parcels around the country, marking the first entry by an e-commerce company into the parcel delivery business. The new JD parcel delivery service announced enables users…
Alibaba Group Holding Limited (NYSE:BABA) today officially kicked off the 2018 11.11 Global Shopping Festival in China’s capital, promising this year’s mega-event will be the largest-ever in terms of scale and reach. Businesses within the Alibaba ecosystem…
The Hyundai Santro is back with a bang. And as if to proclaim that this nameplate still commands the kind of strength it used to, the small car has already garnered over 14,000 bookings. Sources have shared with carandbike that the small car has notched up…
Onshore China, and its rapidly growing billionaire population, is a target for most private banks in the region. UBS has arguably the best-established franchise in the competitive onshore market. Chinese regulators require foreign banks such as UBS to obtain…
L’Oréal-owned skincare brand Kiehl’s is leveraging star power and immersive digital technologies for the third edition of its annual ‘Kiehl’s Loves’ campaign, titled ‘Kiehl’s Loves Around the World 2018’. The campaign was officially launched in Hainan last…
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