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…
Malaysian low-cost airline launched its first direct flight between Taipei and Chiang Mai on September 30th, the only budget airline route available in Taiwan connecting to the city in northern Thailand, reports said Monday. As a promotion, individuals will…
Canada’s Ssense has developed a Chinese language version of its online store as it seeks to boost sales in greater China. Described as a “personalised shopping experience” the site is in simplified Chinese and includes product descriptions and customer care…
The United States Polo Association, via its licensing arm and broadcaster — USPA Global Licensing — announced that U.S. Polo Assn. will return as the official apparel sponsor of the 2018 China Open Polo Tournament. Partnering with Chinese licensing partner,…
Booming sales by Nike China helped the sportswear giant record a 10 per cent rise in global revenues in the first quarter. Footwear sales in greater China soared 26 per cent, apparel sales by 23 per cent and equipment sales by 8 per cent. Combined sales…
Australian activewear retailer Lorna Jane is expanding into greater China as more than 10 potential investors are seeking a majority shareholding. Around 30 per cent of Lorna Jane’s more than $200 million in annual revenues comes from its online platforms in…
An SK-II smart store has opened in Shanghai, an enhanced version of the global beauty brand’s technology-packed showcase which opened in Tokyo in May. The SK-II Future X Smart Store features facial recognition, computer vision, and AI technology augmented by…
Chinese e-commerce giant Alibaba Group has invested for a second time in fashion rental platform YCloset, injecting an undisclosed sum. The Beijing-based YCloset is set to use to funds plans to expand its current team, upgrade the recommended algorithm system…
French handbag label Longchamp sees the China and US markets as key in boosting its global sales. Facing sluggish traditional European markets, the company is looking to celebrity endorsements and online opportunities to drive growth, according to CEO Jean…
British jeweller House of Garrard is set to launch in Beijing. The new 100sqm outlet opens this month in a prestigious location in centrally positioned landmark Emperor Group Centre skyscraper on Chang’An Street. It is the brand’s second boutique in China,…
Hong Kong-listed Spring REIT has agreed to buy the Huamao Place shopping centre, located in Huizhou, Guangdong Province. Spring will pay RMB1.65 billion (US$241 million) for the mall, a seven-storey property, part of the larger integrated development by…
JD is expanding its 7Fresh grocery store chain across Mainland China. The e-commerce and tech company has signed agreements with 16 real estate companies including China Poly Group, Joy City, Vanke, Yuexiu Property and Greenland Holdings to expand the…
Vietnam could suffer collateral damage if Chinese businesses use made-in-Vietnam labels to avoid U.S. tariffs, experts warn. Economist Vu Dinh Anh said it is “highly possible” that Chinese businesses would seek to export their goods through Vietnam to the…
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