Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.
With 26.9 per cent growth in sales, China led the charge for wellbeing company L’Occitane International for the three months to the end of June. China had same-store sales growth of 14.7 per cent, with “staggering” 250 per cent first-quarter growth for…
Just opened in City of Dreams Manila, Jing Ting is a casual-dining restaurant serving northern Chinese cuisine. Its speciality is Xi’an cuisine from the ancient Chinese capital which is the starting point of the Silk Road. It is Chinese-style food with…
If you could increase your average sales by 10 per cent, how much would your profit increase by? I am sure that all of us have experienced both good and bad service in a retail store. What creates that difference in the experience is made up of all the senses…
McDonald’s China sales posted solid quarterly growth ahead of the division’s spin-off. Global same-store sales rose 6.6 per cent in the three months to June 30. In what the company terms its ‘High Growth segment’, second quarter comparable sales increased 7…
Walmart and JD.com are set to launch a new online shopping festival for August 8, in an onmi-channel alliance that will see the two retail juggernauts link their supply chains and other operations. As the fight for the online Chinese consumer intensifies, the…
Huawei maintained its lead in China’s smartphone market for the second straight quarter during Q2, while Xiaomi supplanted Apple to take fourth place, according to Canalys. Huawei shipped over 23 million handsets during the quarter, the research firm said.…
China’s National Development and Reform Commission (NDRC) has given approval for a pilot program involving opening investment in China Unicom to the private sector, to evaluate transitioning to a mixed ownership model for the market’s state-owned operators.…
China Telecom is expanding its data center capacity in Hong Kong as part of the collaboration agreement with Global Switch signed in April. The company has added a new floor with its Shatin data center to increase server capacity, and has also arranged to…
An Alibaba cafe without a cashier attracted a queue of shoppers for its opening in Hangzhou. Entry into Tao Cafe is via smartphone scan through ticket gates similar to those at subway stations. Offering drinks, fast food and snacks, the 200 sqm store can…
Abercrombie & Fitch has announced it is launching both its Abercrombie & Fitch and Abercrombie Kids brands on Alibaba Group’s Tmall this month. Abercrombie & Fitch Tmall is China’s largest platform for brands and consumers. Through Tmall, Alibaba reports…
Wireless technologies team leader Isabel Ge Mahe has been appointed to the newly created role of VP/MD of Apple Greater China, reporting to CEO Tim Cook and COO Jeff Williams. “Apple is strongly committed to invest and grow in China, and we are thrilled…
Aiming to grow in China and enter the Hong Kong market, Singapore F&B company Katrina Group has signed an agreement with Big Benefit Group, a wholly owned subsidiary of Ajisen (China) Holdings. Under the deal, Katrina will hold a 30 per cent stake in the JV…
Koda, the parent of furniture retailer Commune Lifestyle, has reported a net profit of US$2.2 million for the nine months to the end of March, a 66.9 per cent increase over the same period last year. And the group’s gross profit margin rose to 27.7 last year…
Alibaba Group has opened its first cashier-free retail store in China. The Chinese e-commerce and tech giant has opened its first Tao Café, an experimental cashless cafe, empowered by artificial intelligence and data technologies through the use of the Alipay…
Britain’s Burberry reported an increase in sales in the three months ending June, on the back of double-digit percentage sales growth China and positive demand APAC-wide. Total retail sales generated £478m in the three-month period, the London-based brand…
Brunello Cucinelli’s Greater China sales, up 34.6 per cent, outshone all other markets for its first half. North America sales grew 9.4 per cent, Europe 9.9 per cent and rest of the world 11.4 per cent, the Italian luxury goods maison’s preliminary figures…
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