Surging property costs and a changing consumer landscape have forced German retail giant Metro Group to change its approach to the market in China. In the 20 years since it opened its first Metro China wholesale store in Shanghai, the retailer has had a rigid…
Research from HSBC shows a growing number of Chinese tourists visiting Singapore fuelled a 44 per cent increase in retail spending in the first half of this year, versus the same period last year. That put retail ahead of casinos in terms of tourist spending…
Hanon Systems, a leading global provider of automotive thermal solutions, is enhancing its ability to serve vehicle manufacturers in China by opening a new engineering center in Shanghai. Located in Shanghai’s Songjiang district, the new 3,612 square meter…
Tag Heuer sales have soared as the LVMH-owned luxury watch brand defies the downturn in the Swiss watch industry. And now the company is eying a greater presence in China, undeterred by the routing of the luxury retail market in Hong Kong. It has opened 60…
High-level witnesses attended the signing of a letter of intent in China that will see Thailand co-operate with Alibaba on eCommerce initiatives. Thailand’s deputy prime minister Somkid Jatusripitak was invited by the eCommerce giant to its headquarters in…
Following a four-year legal battle over a trademark dispute, US basketballer Michael Jordan now owns his Chinese name. China’s highest court has decided in his favour against Chinese sportswear maker Qiaodan Sports. Its name, pronounced “Cheeow-dan”, is a…
French retailer Carrefour has expanded its eCommerce access in China by launching online shops and apps for Suzhou and Wuxi. It already covers Beijing, Chengdu, Kunming and Shanghai with plans for further expansion. Wuhan is next on the list, expected to come…
DJI, the world leader in unmanned aerial vehicle technology, will open the doors of its Shanghai flagship store to the public on December 10, giving residents of China’s largest city the opportunity to explore the creative and professional possibilities that…
DJI, the world leader in unmanned aerial technology, Monday launched its Xmas Promotion featuring price reductions, free accessories with purchases and special holiday gifts. Whether you are a content creator looking for the best stabilized handheld camera…
Starbucks Coffee Company and Tencent Holdings have entered an alliance to co-create a new social gifting feature on WeChat. The new service, which will be rolled out early next year, will make it easy for Starbucks China customers to gift items to a friend or…
Aerial vehicle technology retailer DJI will open its second China flagship store in Shanghai tomorrow. The two-storey store is in the city’s shopping, dining and entertainment precinct Xintiandi. Covering 500 sqm, it offers the full range of DJI aerial…
Starbucks Coffee Company and Tencent Holdings Limited has partnered to co-create a new social gifting feature on WeChat, China’s leading mobile social communications service. The new service, which will be rolled out early next year, will make it easy for…
China auto sales in November rose 16.6 percent from a year earlier to 2.9 million vehicles, the sixth consecutive month of double-digit growth, the China Association of Automobile Manufacturers said on Monday. That compares with an 18.7 percent rise in…
Japanese furniture and home-accessory retailer Nitori Holdings is ramping up its presence in China to kick-start its global expansion. It plans to open add more than eight outlets in 2018 to its present 10. Nitori aims to have 2000 stores overseas as well as…
Mulberry Asia, a new joint venture between the British fashion brand and Challice Limited, has announced plans to open four stores in Hong Kong, China and Taiwan and a Chinese language eCommerce site. The move was announced along with the company’s half year…
Target China is continuing to learn about the vast mainland market as it builds brand awareness in the region in preparation for a major push. Vincent Lau, GM China with Target Corporation, told the Omni-Channel Retailing Conference half-year seminar…
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