Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.
China’s unmanned convenience-store brand BingoBox plans to introduce its cashierless concept to Hong Kong next year, targeting neighbourhoods and suburbs. “With unmanned stores the labour cost is eliminated, making them far more cost-effective, even in…
As Cath Kidston China scales back because of diluted profits, the British handmade accessory chain is rolling out an expansion in other parts of Asia. It’s prime focus is Japan, where it plans to nearly double its presence over the next three years. South…
Six-year-old Melbourne design brand Elliatt has opened its first-ever own-brand store – not in Australia, not in an established market of the West, but in China. However, it did use its home city’s most famous sporting event, the Melbourne Spring Racing…
With expansion in Hong Kong and “outstanding” growth in China, restaurant/catering group Cafe de Coral Holdings says it has had six months of key achievements. Its first-half revenue grew by 6.2 per cent to HK$4.1 billion (US$525 million), but profits were…
Buccellati China has opened its first store, in Shanghai’s Plaza 66 shopping mall. To celebrate, the Italian luxury jeweller hosted a grand opening ceremony followed by a gala dinner attended by its brand ambassador, international actress Zhang Ziyi.…
Chinese internet giant Tencent has surpassed Facebook in terms of market value just a day after it became the first Asian technology firm to reach the $500 billion valuation mark. Tencent shares hit a record high of 439.6 Hong Kong dollars during Asian…
While turnover and gross profit margin slid for watch/optical company Stelux Holdings International for its first half, it managed to cut back on its net loss. Group turnover was down by 6.9 per cent (6.3 per cent foreign-exchange neural) to HK$1.3 billion…
The potential for blockchain technology to bring about widespread change has been predicted since 2011 and the emergence of Bitcoin. But in 2017 when the concept really started to capture people’s attention. Blockchain-focused financial services startups…
An auto services firm is riding the internet and technologies such as big data to adopt a new business model that integrates used-car and new-car sales businesses, including features such as financing and after-sales services. On Oct 31, Guazi.com, China’s…
As Americans prepare to savor the year’s best holiday sales opportunities, an even bigger sales extravaganza just took place in China: Singles Day. Singles Day is China’s annual e-commerce event, which takes place on Nov. 11 (hence its nickname, “11.11”), and…
China’s two dominant e-commerce platforms in the world’s largest online retail market are under the spotlight in an online debate via their legal representatives about their duopoly in the industry. On one side is Alibaba Group Holdings, owner of the South…
Itochu and two partners are investing roughly 7.6 billion yen ($67.6 million) in an e-commerce venture selling Japanese goods to the Chinese market in hope to enhance its own forays into China’s internet sector. The Japanese trading house is investing around…
Pop-up stores are a very well established marketing strategy in the U.S. and Europe, and the wave coming from the West has already pervaded Asia. Research shows that the compound annual growth rate of pop-up retailing has been over 100 percent since 2015 and…
A Chinese online shopping giant has arrived in Australia this week to unveil its new Sydney distribution centre. VIP.com is one of the largest players in China’s e-commerce space with total orders for the third quarter of 2017 increased by 23 per cent to 74.0…
Victoria’s Secret understands “sexy”. And with the retail market for women’s lingerie in China estimated at $25 billion – nearly twice that of the United States – China is the new “sexy”. Shanghai maga show This month, the retailer is debuting its Victoria’s…
In the middle of London’s Camden Market, a trader from China hands red-bean cakes to a group of tourists from Sweden, as tattooed locals dressed in black leather weave their way between food stalls cooking up dishes including barbecued meat and fish and…
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