Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.
Indonesia has impounded more than 200 tons of garlic imported from China, warning that a microscopic worm infestation found in the shipment could put at risk plans by the Southeast Asian country to boost its own garlic crop. Since coming to power in 2014,…
WeChat has tightened its anti-counterfeit measures with 38 improvements to its Brand Protection Platform revealed in its annual Brand Owner Protection report released yesterday. WeChat claims more than 72,000 vendors were punished last year for attempting to…
Furla Asia sales soared a stunning 50 per cent last year, powering the brand’s global sales to €499 million (US$618 million). Revenue from Asia-Pacific now accounts for 24 per cent of global sales and that share is steadily rising. Sales in Japan, a separate…
Samsonite Asia sales lept 16 per cent last year, a rate slower than the Hong Kong-listed company’s global growth, and predominantly driven by the acquisition of Tumi. The world’s largest travel luggage company achieved global sales of US$3.49 billion, up 23.3…
China is fast emerging as brand leader in a wide variety of sectors and many of the leading domestic companies are gaining global recognition for quality, according to a new report from Brand Finance, a London-based brand valuation consultancy. In its latest…
Students from Hong Kong’s PolyU have partnered with Alibaba Group’s Vision and Beauty Team to develop AI technology for fashion retailers. The students, from the Institute of Textiles and Clothing (ITC) of The Hong Kong Polytechnic University, have created…
Home-appliance company Electrolux Group has formed a JV with Chinese smart-technology company Midea Group to introduce the AEG brand to China. The brand was officially launched at the Appliance & Electronics World Expo in Shanghai last week. Combining…
Alipay, the world’s largest mobile and online payment and lifestyle platform operated by Ant Financial Services Group, has further grown its cross-border business in Southeast Asia, adding four new countries to its network. This takes the total number of…
BreadTalk Singapore says it has formed JVs with a Taiwan company to run bakeries in China. BreadTalk subsidiary Shanghai Star Food F&B Management has partnered with Wu Pao Chun Food of Taiwan to run Wu Pao Chun outlets in Beijing, Shanghai, Shenzhen and…
Global Prada sales fell 3.8 per cent last year – but rose 4.6 per cent in greater China. For all of Asia, the Italian luxury fashion brand’s sales were down 1.2 per cent, but in Japan, which it treats as a separate regional market, sales slumped 14.6 per…
Fashion brand Cue Clothing Co. has staked a claim as the first Australian retailer to offer WeChat and Alipay payment services in every one of its standalone store sites, nationwide. In a statement, Cue said its three fashion brands, including Cue, Veronika…
Salmon farmer Marine Harvest is currently developing its brand Supreme Salmon in Taiwan, working with local top chefs and promoting on social media, the firm’s CEO, Alf-Helge Aarskog, said at the North Atlantic Seafood forum last week. At present, yearly…
China does not recognize bitcoin and other digital currencies as legitimate forms of payment, the central bank governor, Zhou Xiaochuan, said on Friday. “We do not currently recognize bitcoin and other digital currencies as a tool like paper money, coins and…
Xiaomi will be launching a new smartphone in India on March 14. Manu Kumar Jain, Xiaomi global vice president, made the announcement on Twitter on Wednesday, hinting at a phone that is “compact” and “powerhouse”. The phone featured in the promo photo…
Zhou Xiaochuan, the central bank’s governor, made these certain remarks relating to cryptocurrencies at this year’s National People’s Congress During his press conference, he admitted the fast growth of cryptocurrencies and spoke on how it could be better…
Aldi South, the German discount supermarket giant, is planning to open up to 50 branches in China, as reported on Thursday. Aldi South, one of the leading low-budget supermarket chains in Germany, has put together a team for its expansion in China, the…
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