Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.
The China Unicom Network Technology Research Institute is working on a new use case for advanced technologies including 5G and VR – panoramic VR streaming of live video using drone technology. China Unicom and wireless broadband technology provider Baicells…
Japan’s Toyota Motor Corp on Wednesday said it was recalling a total of about 5.8 million cars at home and abroad over potentially faulty air bag inflators made by Takata Corp. The recall, which includes the Corolla and the Vitz subcompact hatchback model…
The Chinese government’s forced reduction of tourists visiting Korea by 20 percent is already dealing a blow to businesses. “Even today, tourism offices in several provincial governments are acknowledging they are lowering the numbers of tourists going to…
China’s retail sales On a year-over-year basis, China’s retail sales showed a strong recovery in September 2016, according to the National Bureau of Statistics of China. The country’s retail sales rose 10.7% in September 2016 compared to a 10.6% rise in…
Sa Sa profit is expected to fall 35 to 45 per cent for the six months ended September 30. The Hong Kong-based cosmetics retailer has issued a profit warning, citing a drop in both sales and gross profit margin of its Hong Kong and Macau business, weaknesses…
Japanese department store Tokyu Hands plans to boost its overseas sales, which now contribute 1 per cent of overall sales. Overseas income for its latest year totalled about 800 million yen (US$7.69 million). A third store is opening next month in Singapore,…
Apple’s sales decline is slowing – but there are several reasons why it is doing so badly in China… While the iPhone 7 has not been out long enough to have had a full impact on this quarter’s numbers, it has helped Apple to moderate the pace of revenue…
The Chinese FMCG market online has shown “astonishing growth” according to a report by global consulting firm OC&C Strategy Consultants. In 2010, the market was worth just US$1.4 billion – today it has exceeded $25.3 billion according to data from…
Food enterprise ST Group has launched Japanese-style Hokkaido Baked Cheese Tart outlets in Australia. Using a traditional recipe involving three cheeses from Japan’s dairy heartland of Hokkaido, the tarts have already been introduced in Brunei, Indonesia,…
Group net sales grew by 1.3 per cent for cosmetics and wellbeing products retailer L’Occitane International for the six months ended September 30 This figure was at constant exchange rates, being 0.9 per cent at reported rates – both an improvement from the…
New Look, a fast-fashion retailer bearing a striking similarity to Forever 21, is aiming to boldly go where many chains have gone before but few have succeeded. The British retailer’s chief executive officer, Anders Kristiansen, has made no secret of his…
Chinese handset maker Xiaomi has launched a new smartphone that uses technology allowing the vendor to push the screen all the way to the top edge of the device. The MIX smartphone uses a technology from Elliptic Labs to replace the standard hardware…
New York-based LAGUARDA.LOW ARCHITECTS has announced the completion of KK One, a new 1.1 million square-foot retail complex in Shenzhen. Set at the base of an expansive mixed-use complex encompassing three residential towers, four office towers, and one hotel…
As China moves to implement its 13th Five-Year Plan, ICT vendors need to reassess their positions to take advantage of the major business opportunities it will offer, according to IDC. China’s 13th Five-Year Plan, and the decisions and policies introduced at…
Chinese company Yaok has built an online reservation service for offline brand boutiques to tackle the online/offline conflict. It is the result of 10 years of market research the preparation, including five years of in-depth communication with more than 100…
The data may be a little dated, but Asian cities are holding their own in the retail rent rankings. New York’s Fifth Avenue still tops the list with an average rent of US$3500 per sqft per year. Hong Kong’s Causeway Bay is cemented in second place at $2399…
Weekly Briefing
Tuesday, Thursday and a Saturday Weekly Wrap: the retail stories, numbers and moves that mattered across Asia. Nothing else, and you can unsubscribe in one click.
Read by retail operators, investors and brand teams across Asia.