Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.
The deployment of smart vending technologies will surge in the Asia-Pacific as high-tech unmanned retail continues to attract major investment. The demand for technology-driven frictionless retail experiences, combined with cheap production costs and limited…
With US President Donald Trump gearing up to impose tariffs on US$200 billion (RM828 billion) on Chinese goods and Beijing certain to retaliate against any measures, the world’s two biggest economies are locked in an escalating trade war, with no resolution…
Against the backdrop of an escalating trade war between the US and China, Deputy Minister of International Trade and Industry Dr Ong Kian Ming is advocating greater cooperation between Asean countries to package the region to foreign investors instead of…
The 26km Hong Kong section of the Guangzhou-Shenzhen-Hong Kong Express Rail Link is set to debut on September 23, forecasting 80,100 passengers daily. The cross-border service will link the city to 44 destinations on mainland China. Last weekend, 20,000…
Malaysia has climbed ahead of the US to become the ninth largest market worldwide for Chinese tourists’ spending overseas. This was recorded during China’s summer holidays, which took place between July 1 and Aug 31 this year. According to Alipay, a mobile…
Guess has returned to profit in the first half of this year, with high rate of growth in Asia-Pacific a key factor. Sales by Guess in Asia rose by 32.3 per cent during the first half of this year, expressed in US dollars, and by 27.1 per cent in constant…
China’s Meituan Dianping, an online food delivery-to-ticketing services platform, has set an indicative price range of HK$60 to HK$72 ($7.64-$9.17) per share for its initial public offering (IPO) in Hong Kong, valuing itself at up to $55 billion, four people…
Fosun International post on Tuesday that company net profit reached Rmb 6.86bn ($1bn) for the first half of 2018, on the back intense acquisition activity, which saw the Chinese firm snap up local and international assets, including luxury brand Lanvin…
Italian leather and fabric upholstery brand Nicoletti Home has partnered with Chinese manufacturer/retailer Manwah to establish a retail network of 50 stores throughout the mainland. Nicoletti Home already has a strong Asian presence in Hong Kong, Indonesia…
Alibaba’s Alipay payments outside Mainland China has skyrocketed during the country’s holiday season. According to Ant Financial, during July and August of this year, Alipay processed 2.6 times the number of in-store overseas transactions as it did during the…
Kering is reinforcing its corporate team in Greater China in order to adapt to the fast-changing business environment in this market, which has been continuously growing in importance for the luxury industry since Gucci opened its first store in China in…
Korean clothing brands Anais and Greygrei are set to enter the Chinese market under Korean young-casual clothing firm Maison de Anais. The label, which successfully launched in northern Europe earlier this year, will target the late 20’s to late 30’s…
Indonesia will partner with Alibaba chief executive Jack Ma to look into ways to use of the e-commerce giant’s ecosystem to increase its exports, particularly to China, Communications Minister Rudiantara said on Sunday. “We are also discussing how to work…
Pandora in China is about to be united under one business. The Danish contemporary jewellery manufacturer is moving to increase control of its brand by acquiring its Taiwanese store network from controlling distributor Carrera Corporation as of January 2019.…
An expanding Asian store network has helped New York jeweller Tiffany & Co achieve strong sales increases in the first half of this year. Tiffany sales in Asia-Pacific soared 28 per cent in the second quarter, to US$301 million and by the same rate in the…
Japanese snack store Okashi Land is planning to open a self-service outlet in Mong Kok. The unmanned store, which opens on September 5 in Gala Place, has been undertaken in partnership with Guangzhou unmanned convenience-store startup EasyGo. It will stock…
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