Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.
Luxury eyewear brand Gentle Monster from South Korea has opened a flagship store, The Artisan, in Shanghai. It is on a tree-lined stretch of Huaihai Zhong Lu, an artery road in the former French Concession. Gentle Monster has opened several flagship stores in…
Despite its already significant scale, Alibaba continues to grow rapidly, thanks in part to its acquisitions of Chinese video site Youku Tudou and e-commerce business Lazada. Much like Amazon, the e-marketplace’s success this quarter was tethered by strong…
oon it be much easier to find the perfect lipstick colour and sunglasses to match your face shape, and the best part is you won’t even have to leave home. China is on the cusp of a major shake-up in online shopping technology to makes the virtual change room…
China’s sixth-largest car maker by sales, Guangzhou Automobile Group (GAC Group) , plans to sell up to 15 billion yuan ($2.2 billion) worth of shares to fund development of its green car business, proprietary brands and factories, the firm said late on…
Honda Motor Co lifted its full-year net profit forecast by 6 percent, betting that Chinese customers will keep buying its XR-V and Vezel SUVs and the popular Civic sedan after robust demand there boosted Asian sales sharply in the latest quarter. Japan’s…
DFS Group, the world’s leading luxury travel retailer, will launch the eighth annual Masters of Time exhibition on December 3, 2016 with a gala event at T Galleria by DFS, Macau in partnership with Shoppes at Four Seasons. Widely recognized as the world’s…
JD.com (Nasdaq:JD), China’s largest e-commerce company by revenue, and FC Barcelona, one of the world’s most popular football clubs, today announced the launch of the FC Barcelona Flagship Store on JD.com’s cross-border e-commerce platform, JD Worldwide. The…
Alibaba Group Holding, the world’s largest e-commerce company, is expected to report another strong quarter of sales in the three months to September 30, as its preparations intensify for the Singles’ Day online shopping festival next week. Analysts estimated…
While Asia Pacific millennial consumers shop online, only physical stores and particularly shopping centres give them the experiences and social elements they want, says a new report. Millennials shop online an average of 4.7 days a month, but visit shopping…
Luxury goods and apparel giant Kering has reported a 10.5 per cent global rise in revenues in the latest quarter, with luxury sales up 11.3 per cent and sports and lifestyle brands up 9.3 per cent. Most significantly, at a time its peers are battling falling…
Chinese automaker BYD Co Ltd, backed by Warren Buffett’s Berkshire Hathaway, on Sunday said 2016 full-year profit was likely to rise as much as 84.17 percent, as rapid growth of the green car market eases. The Shenzhen-based manufacturer, which has invested…
And in the simultaneous divestment process for the 20-year McDonald’s China franchise rights, TPG Capital has reportedly withdrawn leaving two rival private equity firms in the race – Bain Capital and Carlyle Group – competing with two Chinese companies…
Huawei has revealed plans to commercialize its end-to-end narrowband IoT solution early next year, to help operators expand their IoT services into new markets. The vendor plans to release the world’s first 3GPP standards-based NB-IoT commercial…
BMW is recalling 154,472 vehicles registered in the United States and Canada for a fuel pump problem that could cause stalling, according to a filing with U.S. safety regulators and BMW. BMW told regulators that no injuries have been reported. Since 2014, the…
Contemporary South Korean fashion brand H:Connect, fronted by Korean celebrity Yoona of Girls’ Generation, has officially opened its first Southeast Asian store at Bugis Junction in Singapore. The brand plans to make the most of the rising appeal of hallyu,…
Chinese tycoon Li Ka-shing has sold the Century Link office and retail complex in Shanghai for 20 billion yuan (US$2.95 billion). Li’s Cheung Kong Property Holdings (CK Property) and the Li Ka Shing (Overseas) Foundation agreed to sell their combined 100 per…
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