Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.
Toyota Motor on Friday said its luxury Lexus brand suffered its first fall in half-year global sales in six years as demand for its sedans tumbled in the United States, its biggest market. Sedans, traditionally a mainstay for automakers including Toyota and…
As Chinese chat app WeChat moves into merchandising, it has opened an on-ground “test” WeStore in Guangzhou. This follows its announcement that it is partnering with apparel retailer Gap to launch a range of WeChat-branded clothing, its first major foray into…
Gap China has opened a flagship store on Shanghai’s West Nanjing Road, its biggest flagship yet in Greater China. Featuring Gap’s full apparel collections and latest store-design elements, the flagship underscores the importance of the China market, says Gap,…
Nissan Motor and its alliance partner Renault are setting up a new joint venture in China with Dongfeng Motor Group to design and build electric cars, joining a list of global automakers aiming to make such vehicles in China. The automakers are attempting to…
The move by China-based tech firms into Southeast Asia continues apace. But the ranks of Alibaba and Tencent, so far the most aggressive to expand into the region, are now being joined by Alibaba’s largest ecommerce rival in China, JD.com. Over the weekend,…
Strong performances by Calvin Klein and Tommy Hilfiger in China helped propel solid half-year and second-quarter sales and profit growth for parent PVH Corporation. Chairman and CEO Emanuel Chirico said “better than expected” second-quarter results reflect…
Thailand’s Central Group is discussing a possible US$500 million e-commerce joint venture with JD.com, Reuters reports. JD.com chief executive Richard Liu said in June that it plans to enter the Thai market this year with the idea of using it as a hub to…
US lifestyle group Cole Haan has signed a deal for distribution of its apparel, footwear and accessories in Greater China. It has formalised a long-term retail, wholesale and e-commerce distribution agreement with the Sitoy Group Holdings subsidiary that will…
AirAsia expressed interest in expanding its services in the Philippines to include flights from Davao City to key cities in China, Korea and Malaysia, Department of Finance says in statement. THe deparment had issued the statement on Monday citing results of…
Chinese company Xiaomi plans to unveil its new flagship Xiaomi Mi Note 3 at a special event on September 12. CEO of Xiaomi lei Jun has decided to stir interest in the upcoming event. On his page on the social network Weibo, he posted the picture taken by the…
Three Chinese shoemakers have been ordered by a Chinese court to pay US sportswear company New Balance US$1.5 million in damages and legal costs for infringing its logo. It is believed to be the largest trademark infringement award ever granted to a foreign…
China’s cloud service providers have been urged to beef up their security ecosystem in expectation of managed security services becoming a new growth area in the increasingly challenging area of security. IDC’s latest China Cloud Service Provider Security…
China Telecom has reported a 7.4% growth in net profit for the six months ending in June, even amid an intensifying competitive environment. Net profit for the half-year period reached 12.54 billion yuan ($1.88 billion), on the back of a 4.1% year-on-year…
Just a month after US fast-food chain Shake Shack announced it would open in Hong Kong, the company has confirmed its first Mainland China store, in Shanghai. Both the Shake Shack Shanghai and Hong Kong stores are scheduled to open next year and will be…
Momentum in China helped boost fourth-quarter performance for beauty products giant Estée Lauder. Overall net sales for the three months to the end of June were up 9 per cent year on year (11 per cent in constant currency) to US$2.89 billion for the group,…
The pace of growth of Chinese online juggernaut Alibaba Group shows no sign of slowing, with both online marketplace customer numbers and mobile shoppers growing markedly between March and June. Alibaba’s quarterly results released today show the company had…
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