Nike unveiled its first “House of Innovation”, located in Shanghai. The new store concept celebrates the brand’s innovations with rotating art installations, workshops, lectures and digitally-led trialing sessions. It also offers visitors exclusive products…
French fashion label Ikks has launched in Mainland China after forming a partnership with Fung Kids. Four stores have been opened in Shanghai and Beijing focusing on the brand’s new childrenswear line, with more planned on both the mainland and in Hong Kong…
DHL eCommerce has partnered with AuMake, an ASX listed retailer connecting Australian suppliers directly with Chinese consumers, to enable quality deliveries direct from Australia to China, starting today. AuMake’s growing database of over 80,000 members will…
Huawei has reportedly received an invitation from the Indian government to participate in the telecom ministry’s 5G technology trials, after being initially left out of the list of vendors asked to take part. Huawei India CEO Jay Chen told that the company…
Charles Kaufmann has been appointed by DHL Global Forwarding as CEO, DGF North Asia South Pacific with effect from 1 October 2018. Kaufmann brings more than 40 years of logistics experience to the new regional cluster, most recently serving as the leader of…
Swiss luxury holding firm Richemont is in talks to acquire jewellery manufacturer Buccellati from Chinese holding company Gansu Gangtai. The Chinese company took an 85 per cent shareholding in the Italian company a year ago for US$226 million, but the brand…
Ted Baker Asia sales slipped in the 28 weeks to August as the UK brand trimmed its store network in Hong kong and Mainland China. According to its latest results filing, Ted Baker Asia sales fell 1.8 per cent in real terms, however in constant currency they…
Fast-fashion retailer Inditex has opened its first Zara China concept store, in Shanghai’s CBD. The store features digital services provided in collaboration with Alibaba’s Tmall platform to allow customers to buy limited-edition items via their mobile phone.…
It has been little more than a year since French cosmetics firm NARS’ controversial decision to sell its make-up in China caused a major rift in the global cruelty-free beauty scene. Fans of the brand and animal-lovers may soon be able to make peace. China is…
Millennials feel better about their future earnings than older consumers and spend more on luxury goods. That’s according to a survey of more than 3,000 consumers across China, Europe and the US by UBS Group AG. Eighteen to 35 year olds have contributed 85…
Tencent and Hillhouse Capital have invested RMB1 billion (US$146 million) into fast-growing Chinese discount retailer Miniso. Founded just five years ago, Miniso has already grown to more than 3000 stores worldwide using what it describes as a “high quality,…
Chinese electronics brand Xiaomi has opened its largest Mi Home store in Wuhan. The new location, launched shortly after the firm reached its target of 100 Mi Home stores in China, features a smart home demo zone that showcases a range of its products in a…
While Malaysia has benefited from China’s foreign direct investment (FDI) in terms of financing and capacity, the social and environmental impacts of these investments should be looked into as well. The Institute for Democracy and Economic Affairs’ (IDEAS)…
Alibaba has invested an undisclosed figure in Chinese garment-sharing platform YCloset. The site’s strategic fundraising round that secured the Alibaba funding will be used to expand its data analysis functions and physical operations centres. The…
US lingerie brand Adore Me has announced its expansion into China. The online brand, which currently delivers throughout the US, will be offering its full range on the Chinese market via interactive livestreams and the global shopping platform ShopShops. The…
Alibaba Group’s Tmall, and L’Oréal China said today they’ll work closely together to find new ways for the beauty group to tap into the Chinese market, leveraging data-driven consumer analytics and a new value chain that better connects consumers, products…
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