Rewe will remove single-use plastic straws from the aisles of its supermarkets in order to help combat environmental pollution, the German retail chain announced on Wednesday. The Cologne-based company estimated that the move across its 6,000 stores would…
Athletic apparel retailer Under Armour has announced new executive appointments for their international markets as it expresses plans to make its international sales grow even more. The company’s international sales have been growing fast and make up 24 per…
Chinese e-commerce startup Pinduoduo is seeking US$1 billion in a US IPO, going head to head with industry giants such as Alibaba. The company’s business model, in which users recruit friends via social media to enjoy group-discount offers direct from…
Japan’s Muji hotel & store has just opened in Beijing in a key location overlooking Tiananmen Square. The hotel’s first basement-level retail store sells travel essentials and everyday items, many of which feature in the guest room amenities. Designed as an…
Attracting Millennials has been key for retailers, but the consumer population, characterized by rapidly shifting expectations in light of digital transformation, has remained elusive to many traditional retailers and buying categories, resulting in piles of…
L’Oréal China and Alibaba Group signed an agreement committing to using environmentally packaging in order to reduce waste in China. The agreement, which will be rolled out over the next five months, includes a pledge from L’Oréal to switch to FSC-certified…
BreadTalk Group is expanding through new joint ventures in China and Indonesia. Using a wholly owned subsidiary, Shanghai BreadTalk Gourmet, the Singapore-listed food chain operator has formed a joint venture with Ge Ying to operate BreadTalk bakeries in…
UK’s Costa Coffee says sales in China have underpinned solid growth in its Asian operations. Costa has 459 stores in China, where sales rose 4.9 per cent in the first half year as Chinese continue to boost their coffee consumption. The company plans to open a…
Australian swimwear brand Seafolly is expanding into China, with its launch on e-commerce platform Tmall Global next month. The move is a noteworthy departure from the Australian retailers and brands that have been expanding into China in recent years, namely…
New stores in Mainland China helped mitigate a tough consumer market in Hong Kong for listed restaurant-operator Tsui Wah Group. The company ended the year with 70 restaurants – a net increase of five in Mainland China, one in Hong Kong and an unchanged three…
Moschino, the iconic Italian luxury fashion brand, announced today it has joined Alibaba’s Tmall Luxury Pavilion to open its namesake flagship store, offering China’s luxury shoppers the opportunity to discover Moschino’s world of innovative designs. To…
Barry Callebaut brings a whole new sensory experience to China with the introduction of the Chocolate Tasting Ritual. The Switzerland-based company, one of the world’s largest chocolate manufacturers to artisanal and professional users of chocolate, said the…
Swiss luxury watchmaker Breitling has opened its first Asian flagship boutique in Beijing’s WF Central. The 152sqm Breitling Beijing boutique’s design features display space for more than 200 timepieces representative of the brand’s entire product range,…
Papa John’s International has sold its restaurants in Beijing and Tianjin in China. The 34 stores have been bought by Asia Gourmet Holdings (Shanghai), a portfolio company of Advantage Partners, a private equity firm in Asia. “Asia Gourmet Holdings (Shanghai)…
China’s seaborne coal imports are on track to have surged by around 14 percent in the first half of the year, with Indonesia emerging as the big winner among exporters. Imports are likely to be around 126.6 million metric tons in the first six months of this…
Sands Cotai Central has opened phase four of its retail offer, adding almost 100,000sqft of retail space and 25 retailers. At the heart of the expansion is an Apple store, which opens today. The new space is home to several brands new to Macao: Calvin Klein…
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