Mattress manufacturer Eclipse International is joining with its Chinese licensee Shenzhen Meiting Creation Furnishing to open more than 100 mattress specialty stores nationwide. The Eclipse China rollout, which will proceed over the next three years, is…
Spanish garments retailer Inditex, owner of international fashion brand Zara, is set to pilot test its at-home pick up service for recycled garments in China this September. The initiative, which currently operates nationwide in Spain, is a central part of…
Lotte Mart Mongolia is opening its first store, in Ulaanbaatar, in the first half of next year. The South Korean retailer has set up a joint venture with local retailer Nomin Holdings, which will sell Lotte’s private label products for the next 10 years. It…
Luxury brand Louis Vuitton China is rolling out services to all major cities across the country. The expanded reach, which marks the first anniversary of its e-commerce launch in China, will allow metropolitan consumers throughout the country access to Louis…
It’s another waste-full day in Minh Khai, Hung Yen Province. Blocks of plastic bags sprawl on the ground, fill up alleys, besiege houses; machines groan and toss shredded plastic pieces into the air; sewage carrying debris leaks onto the streets; and kids…
China’s retail real estate arena is the fastest-developing market in the world – forcing landlords to change their strategies to meet the challenge of e-commerce. When it comes to mobile shopping, 30-minute delivery and customer apps, China leads the world.…
E-commerce has changed the face of retail. A drone can handle delivery, and payments and orders are all done with a smartphone. These changes are now coming to South East Asia, said an executive of a prominent Chinese retailer. Gloria Li, Corporate Vice…
Shinsegae International Co., the fashion arm of South Korea’s retail giant Shinsegae Group, aims to open a flagship store of its cosmetics brand VIDI VICI in China late next year to tap deeper into the world’s largest market. Prior to the opening, it will…
Alipay, the world’s leading mobile and online payment and lifestyle platform operated by Ant Financial Services Group, together with the Singapore Tourism Board (STB), have launched a series of joint marketing initiatives aimed at raising destination…
The good leap ahead: China’s lack of big-box shops has allowed the nation to leapfrog the age of brick-and-mortar retail and head straight to on-line ordering. In america, “e-commerce is a desert,” says Jack Ma, cofounder of Alibaba. “In China, it’s turn into…
How does the CEO of China’s second largest e-commerce company feel about the escalating U.S.-China trade war? Richard Liu, founder and CEO of JD.com–an online retailer with 300 million annual active customers, $56 billion in revenues in 2017, and investors…
In China, with just a mobile phone in your hand, you can hop on the subway or bus, shop in a supermarket or convenience store, pay for needed supplies while on campus or settle a traffic fine via the mobile Quick Pass function. This is now part and parcel of…
Xiaomi’s Redmi Note 5 became the Chinese electronics giant’s first mobile phone to officially sell through Korean mobile carriers on Monday. The cost-effective phone, priced at 299,000 won ($265), is the first Xiaomi device launched nationwide through Korean…
The US government has lifted its denial order against ZTE, finally clearing the way for the vendor to resume major operations. ZTE suspended major operations after the US Commerce Department banned ZTE from importing components from US companies in April as…
China’s central bank is taking measures to ban business practices of refusing or discriminating against cash payments to deal with over-hype of a cashless society. Some consumers have complained about being denied the ability to use cash in places like…
The flood of Chinese tourists to Japan has given a fresh uplift to the high-end beauty products market. Buoyed with success, some niche brands are now venturing beyond China. Nagoya-based MTG, which sells health and cosmetic tools that cost hundreds of…
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