Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.
Listed Australian company AuMake has launched the country’s first purpose-built retail hub for China’s growing army of “daigou” shoppers, using live streaming to reach millions of overseas consumers. The new 430sqm Daigou Hub retail concept is set in the…
Any trade war with the United States will only bring disaster to the world economy, Chinese Commerce Minister Zhong Shan said today, as Beijing stepped up its criticism on proposed metals tariffs by Washington amid fears it could shatter global growth. After…
Poor trading by Dairy Farm International’s Southeast Asian grocery business hit the company’s bottom line last year, with underlying profit falling 13 per cent. But every other one of the company’s divisions traded strongly throughout the year, according to…
Resurrected fashion brand Mexx is considering entering the China and India markets over the next two years. Meanwhile, the once Turkish-headquartered label has rolled out a mini-collection including fashion for men, women and children, with a comprehensive…
E-business last year was particularly strong for apparel retailer Giordano International. Overall, consolidated sales reached HK$5.4 billion, up 5.2 per cent. Group comparable-store sales and comparable-store gross profit rose by 5.2 and 5 per cent…
Despite a challenging business environment, Circle K Hong Kong parent Convenience Retail Asia reports comparable-store sales growth last year driven by digital initiatives. Leading the way were O2O customer-relationship management (CRM) programs, with…
Chinese e-commerce giant JD.com has opened its second 7Fresh supermarket, at the China Resources Dreamport shopping centre in northern Beijing. This follows the launch late last year of the initial 4000sqm outlet near JD.com’s headquarters in Beijing. JD.com…
Tmall will this year work with top beauty brands such as Estee Lauder and Lancome to help them surpass RMB 1 billion (US$157.9 million) in annual sales on the platform. The increased focus on the beauty sector will also see Tmall deliver an updated suite of…
The Chinese firm which has a majority ownership in House of Fraser has confirmed plans to offload most of its stake. A Chinese stock-exchange filing indicates that Nanjing Xinjiekou Department Store (or Nanjing Cenbest) is poised to sell off most of its…
While Australian retailers fret about the impact of American online retail behemoth Amazon, China’s Alibaba looms as an equal threat, according to Russell Zimmerman, Executive Director at the Australian Retailers’ Association. Speaking to A’n’Z of Economics…
WeChat Pay and Alipay, China’s two biggest mobile payment platforms, have recently forged partnerships with tax refund companies to enable Chinese tourists to obtain rebates on their purchases via their respective mobile apps. Within this year, WeChat also…
French hypermarket retailer Carrefour is reaping the rewards of restructuring its Asian operations. The Carrefour Asia business has converted an operating loss of €58 million in 2016 to a return on investment of €4 million US$4.4 million) last year, according…
After raising $300 million last month, Indian online grocery startup BigBasket is entering the offline sector. The company is looking to transform its core online business to offline centres that will store daily moving consumer goods, groceries, fruits and…
China is becoming a major player in Middle Eastern real estate, with activity driven by tourism and the Belt & Road Initiative. Both the overland Silk Road Economic Belt and the Maritime Silk Road, which aim to boost trade links between China and Europe and…
China’s largest offline hypermarket chain Sun Art Retail Group is going full speed on digital retailing, with plans to transform more than 400 outlets within this year to become a member of Alibaba Group Holding’s ecosystem. The nationwide store revamp plan…
Shoppers in emerging economies such as China and India are seeking a more luxury, personalised shopping service on their mobile, and many Asia Pacific shoppers are even willing to pay more for a product or service if the mobile shopping experience is better.…
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