Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.
China Unicom has arranged to deploy high-capacity Nokia metro core routers in four additional provinces. Unicom is deploying Nokia’s high-end core router CR-B, powered by the extensible core routing system (XRS) platform, to help meet China’s future capacity…
UK department store group House of Fraser is preparing for its debut in China after pushing back its original April launch date because of the Chinese New Year. House of Fraser China says it has made “good progress” with its store planning with the launch now…
China is the brightest star of the Starbucks growth story. The company has almost 2,300 stores in over 100 cities in China, and continues to open more than one store per day. China outshone the other regions in the June quarter, by posting 7% comparable sales…
August shopping data from tax refund specialist, Global Blue, indicates a downward trend in tax-free in-store sales of -13% (year-on-year) – the worst decline since the start of the year and a big fall compared with July’s 0% change. While transactions rose…
Chinese tech firm LeEco India plans to open 1000 outlets across the subcontinent by the end of this year. Expecting half of its revenue in India to come from physical stores, LeEco filed an application five months ago with the Foreign Investment Promotion…
New York-based Laguarda.Low Architects has finished designing a 3.7 million sqft (343,700 sqm) mixed-use development for Shenzhen in China. For CM-OCT Investment Co, the Longhua New District project comprises eight highrise towers, more than 20 low-rise…
Property investment, management and development group Hongkong Land plans to continue expanding its footprint in China’s key cities. “We are actively looking for new opportunities in Beijing, Shanghai and some key secondary cities,” says executive director…
Saturday mornings appear to be ideal for fitness-crazy Shanghai groups to have fun in the form of dance-like workouts outdoors. Some 500 lined up last Saturday to join a one-hour event. The venue was disco-like. Les Mills, one of the world’s largest…
Bangkok is the top-ranked destination city by international overnight visitor arrivals, according to the annual Mastercard Global Destinations Cities Index. Ranking 132 cities, the index projects visitor volume and spend estimates while delivering insights…
Appointed as the masterplanner, architect and interior designer, Benoy Shanghai has revealed its design for the mixed-use Gala Avenue Westside development in Shanghai. The project is part of the major Lujiazui Harbour City development, scheduled to be…
British menswear brand Ben Sherman has opened for the first time in Shanghai – at two locations. The Ben Sherman China stores are in the Hopson Mall and Sogo department store. “These distinct retail destinations are prime for Ben Sherman, with an influential…
South Korea’s Hyundai Motor will launch its standalone premium auto brand Genesis in China within two to three years, betting on a luxury lane to profit as competition bites at the lower end of the world’s biggest auto market. Genesis brand chief Manfred…
French fashion brand Lacoste China has opened a duty-free corner in downtown Shanghai’s Yueda Plaza 889, run by CNSC. China National Service Corporation for Chinese Personnel Working Abroad is a state-owned enterprise of international trade and economic…
Pre-owned luxury items are becoming more popular, according to the 2016 Asia Luxury Index, compiled by Singapore-based online luxury retailer Reebonz. Drawing on industry reports and its sales data, the index reveals 30 per cent sales growth in the pre-owned…
Alibaba Group Holding has surpassed Tencent Holdings and China Mobile in market capitalisation to become Asia’s richest company. Alibaba’s market value rose to US$261 billion in New York last week, overtaking Tencent’s US$255.98 billion capitalisation in Hong…
McDonald’s is finalizing a sale of the right to operate its China and Hong Kong restaurants. Prompted by stagnating market share and an increasingly challenging operating environment, the move allows McDonald’s to keep a presence in China without the burden…
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