Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.
Topshop has signed a deal with a Chinese partner that could lead to up to 80 stores being opened in mainland China with the first opening in spring/summer 2017. The British high street retailer has agreed a deal with Shangpin, which already sells the Topshop…
Irish retailer Musgrave is to begin exporting SuperValu own brand products to China. It will initially supply up to 40 own brand products – including SuperValu breakfast cereals, coffee, jam, biscuits and healthy snacks amongst a range of other goods.…
Hong Kong’s retailers are facing an uphill battle to entice customers into their stores a week before Christmas in the final present buying rush, consumer analysts have said. The local retail market has been plagued by a dip in sales this year, attributed in…
Chinese eCommerce giant Alibaba Group has been given the go-ahead by Singapore’s stock exchange (SGX) to raise its stake in Singapore Post (SingPost). Alibaba Investment, a subsidiary of Alibaba Group Holding, has received in-principle approval from the…
The Chinese unit of Toyota Motor Corp will recall 66,830 imported Lexus brand vehicles in the country over potential safety issues, China’s quality watchdog said on Friday. Some Lexus models, made between June 2014 and December 2016, have problems with their…
Reliance Brands will launch Bally India after signing an exclusive distribution and marketing rights agreement with the Swiss luxury brand. Bally and Reliance plan to open a store in New Delhi next year and will look at further expansion afterwards in…
Luxury brands need to use new technologies and offer experiences for their customers, the second Luxury Society keynote event in Shanghai has been told. UCO Cosmetics CEO Arthur Zhang told the event that the early-stage eCommerce model of simply providing a…
Japanese premium denim brand EVISU Group Limited announced the buy-back of the retailing and franchising rights for the China market. EVISU Group Limited, the parent company, has reinvested alongside Cassia Investments, a consumer-focused private equity fund,…
Luxury Italian fashion house Max Mara hosted its first runway show in Shanghai yesterday. It is presenting its pre-collection for fall 2017, as well as a capsule collection conceived in collaboration with Chinese artist Liu Wei, who also created the set for…
The four-storey mall aims to cater to the burgeoning Chinese retail scene while strengthening the Xiamen’s status as one of China’s most popular tourist destinations. YCH Group — an integrated end-to-end supply chain management and logistics company in Asia…
“The divestment is part of the company’s intention to concentrate its resources on businesses with greater potential,” Jollibee said in its statement, essentially admitting the business was not performing to expectation. The company will now focus on “larger…
China has reported November was its strongest month of retail sales growth for the whole year. While official government figures are usually greeted with a degree of scepticism by retail company executives, they are the only data available to build any sort…
Focus Brands is seeking franchisees to develop its Cinnabon and Auntie Anne’s brands in China as part of its international growth strategy. Founded in 1985, Cinnabon is a cinnamon roll bakery with 580 outlets in 52 countries. Auntie Anne’s, founded in 1988,…
Chief executive of Sunlight Real Estate Investment Trust (0435) Keith Wu Shiu- kee said the volatile period in the retail market at the start of the year has passed. Wu said though the local retail market was not performing well over the past two to three…
Jijiayue Group, the parent of Spar China franchisor Spar Shandong, has launched an IPO. Spar Shandong became Spar International’s first retail partner in China in 2004, and opened its first store in 2005 in the city of Weihai, north east China. Since then,…
Taiwan’s Asia Pacific Telecom (APT) is nearing 100% take-up of 4G services among existing customers, and expects nearly all its subscribers to have migrated to 4G by the end of Q1. APT only has around 100,000 3G users left to migrate to 4G, around 6% of the…
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