Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.
Starbucks CEO Brian Niccol has recently extolled the virtues of Chinese rival Luckin Coffee, particularly praising the company’s rapid pace of product innovation. Speaking at the Fast Company Innovation Festival in New York, Niccol remarked, “The one thing…
As the winds of change sweep across the retail landscape in Asia, an increasing number of chains are mastering the delicate art of balancing online convenience with in-store experience. This transformation, driven by the fast-evolving consumer preferences,…
In an exciting development for cross-border commerce, selected users from China can now engage in QR payments while visiting Indonesia, thanks to a collaborative pilot initiative between the two nations. This innovation allows users to make payments using the…
Since its launch, the social commerce platform Xiaohongshu, popularly known as Little Red Book, has been making waves in the retail landscape across China and beyond. Positioned at the intersection of e-commerce and social interaction, Xiaohongshu has created…
Chinese athletic apparel corporation, Anta Group, recently announced its ambitious strategy to establish 1000 retail outlets in Southeast Asia within a span of three years. Anta Group currently manages a portfolio of nearly 13,000 stores, more than 200 of…
China is poised to lead an unprecedented boom in the wind energy sector, as projections indicate that the industry will install a remarkable 170 gigawatts (GW) of new capacity by the end of 2025, according to the latest report from Wood Mackenzie. This surge…
In an unexpected culinary twist, a small eatery in Hangzhou is causing quite a stir with its lavish noodle dish priced at an eye-popping $300. This dish isn’t just a meal; it’s a spectacle that seems to rival the likes of Michelin-starred restaurants.…
British supermarket titan Sainsbury’s is currently exploring a potential sale of Argos, the general merchandise retailer it acquired for £1.1 billion (about $1.5 billion) back in 2016. The discussions involve Chinese e-commerce behemoth JD.com, hinting at a…
Fried Rice, a renowned streetwear brand headquartered in New York, has made its debut in China with a pop-up store. This marks the brand’s initial steps towards expanding its presence in the Asian market. A New Venture in Shenzhen Strategically located in…
Anta Group, a Chinese sportswear company, has announced its goal to reach a total of 1,000 stores in Southeast Asia within the next three years. Currently, the group operates almost 13,000 stores globally, including more than 200 in Southeast Asia. These…
As South Korea prepares for the much-anticipated return of Chinese tour groups from September 29, retailers are taking proactive measures to welcome them. To cater to these visitors, who will be allowed visa-free entry, a wave of new promotions is on the…
The on-demand delivery landscape in China is heating up, with three leading platforms bracing for increased costs and tighter margins as competition intensifies. A fresh analysis from S&P Global Ratings reveals that aggressive promotional strategies,…
Musinsa, a fashion retailer from South Korea, has recently expanded its operations into China, thanks to a collaboration with Anta Sports. By creating a joint venture known as Musinsa China, the two companies aim to stimulate growth in both online and…
Yum China, KFC’s operator in the country, has discreetly introduced a fresh pilot concept by the name of Fried Chicken Brothers, further diversifying its localized sub-brands. The pilot currently runs two compact stores in Shanghai, each approximately 20sqm…
In a curious culinary twist taking Vietnam by storm, “durian sweet potatoes” have captured the attention of food lovers across social media platforms since July. Vendors tout these unique spuds for their creamy texture and sweet flavor reminiscent of the…
The French luxury behemoth, Louis Vuitton, has recently inaugurated its inaugural standalone beauty retail outlet in China. This strategic development marks a significant effort by the brand to fortify its presence in the high-end market segment and…
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