Longchamp has opened a new China flagship store in Shanghai, with plans for the French luxury brand to open another flagship store in Beijing later in the year. Located at the Jing An Kerry Centre on Shanghai’s Nanjing Road West, the new Longchamp flagship…
On March 23rd 2017, Carrefour successfully opened its 27th Easy Carrefour Store in Shanghai, China. Sitting on Long Dong Avenue, the newly-opened Easy store covers an area of approximately 332 square meters with over 4,000 items. The first convenience store…
Adidas AG plans to open 2,000 new stores in China by 2020, after the sports group’s business in the Asian nation grew nearly 30% last year, making it the second-largest market in the world after Western Europe. According to local media reports, Adidas AG –…
Alipay and WeChat Pay enabled $2.9 trillion in Chinese digital payments in 2016, up twenty-fold increase in the past four years, according to a new UN study. The data show that digital payments, using existing platforms and networks, provide access to a wider…
European supermarket chain Metro plans to open its first store in Jinan, Shandong province in August 2017. Located in Jinan’s Huaiyin district, Metro’s new supermarket started construction on November 15, 2016. So far, its main steel structure has been…
CBRE’s annual study of global retail development found that builders completed 12.5 million sq. m. of shopping centers globally last year, up 11.4% from 2015. China dominated the top ten most active global markets with seven Chinese cities making the list.…
While it has become common to see robots on factory assembly lines, in China the machines have already begun providing the elderly with care and helping raise children at daycare centres. At one of China’s largest daycare centres, in Sanhe, Hubei province,…
Chinese computer-peripherals firm Shenzhen Rapoo Technology (Rapoo) is penetrating the growing local Internet Café (iCafé) sector to secure a dominant position in the market. The iCafé business is a growing industry here, according to Rapoo Philippines Retail…
MobAir is taking eMarketer’s prediction that total mobile ad spend in China will climb 58% in 2017 seriously. The mobile growth platform for brands, which counts AliExpress, Trivago, and Baidu as clients, is investing in Shanghai with a new office. The office…
The German retailer has a unique retail model that has captured market share around the globe, but it’s entry in China will be a little bit different. On April 25 the company announced it had launched its Chinese presence through a collaboration with online…
China’s online retail sales posted robust growth in the first quarter of the year, reflecting a changing consumption pattern, official data showed. Online retail volumes reached over 1.4 trillion yuan ($203 billion) in the first three months, up 32.1 percent…
China’s retail sales rose 10.9 per cent in March – the best month of the year to date. However the quarterly rise was just shy of 10 per cent – the first time the official figure has dropped below 10 per cent in 11 years according to the National Bureau of…
Online grocery in China could more than double in growth between now and 2020, according to figures released today by international grocery research organisation IGD, with its current 3.1 per cent share of the country’s total grocery market forecast to leap…
After 12 consecutive quarters of decline, jeweller Luk Fook has recorded a 2 per cent turnaround for its fourth quarter, ended March 31. The retailer says that with a relatively low base and encouraging improvement in the Hong Kong/Macau market, same-store…
China Unicom has launched a live trial of Nokia’s Virtualized Services Router for around 5,000 residential broadband subscribers. The trial in the province of Shandong involves the delivery of residential broadband over an agile network based on virtualized…
Strengthening sales in Mainland China and an “exceptional” UK performance helped UK luxury fashion retailer Burberry weather a weakening US market in its second half year. Same-store Burberry sales rose 3 per cent – a lesser rate than during the third…
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