Trends eventually stop being trendy and either disappear into obscurity or become part of everyday life. The trends which end up only being fads often come in with a bang and leave with a thud, leaving embarrassing photos and fashions in their wake. Remember…
Convenience store growth is surging, bucking the trend of weakening physical retail store sales. 7-Eleven is the market leader, though FT Confidential Research’s latest consumer brands survey found that other foreign chains were increasingly popular. This is,…
SAP China and Alibaba Cloud have teamed up to launch three cloud-based SAP services to Chinese customers by the end of the year. The companies have revealed plans to launch in-memory computing platform SAP HANA Cloud Platform and two other services in 2016.…
Multibrand fashion group VF Corporation sees Asia – and especially China – as the primary driver of growth in the years ahead. VF Corporation brands include Vans, Kipling, Lee and The North Face. The US-headquartered company says it is focused on expanding…
A new fashion app, New Arrival, aims to introduce Chinese travellers abroad to lesser-known boutiques abroad. The New Arrival app serves as a platform and guide for brick-and-mortar stores Chinese shoppers might otherwise miss in their travels. Founded by…
Discount seller E-mart Korea has signed an agreement to supply its private-label items to Metro China. It is introducing four items from its No Brand range, to be sold from next month. It is the first time for E-mart to export to an overseas offline store.…
Swedish home furnishings retailer Ikea Group China will launch into eCommerce in Shanghai and start selling its products online within the next couple of weeks. As it is a pilot program, delivery services will be limited to Shanghai initially. All its…
While sales fell 9.8 per cent in China for technology giant Lenovo Group for its first quarter ending June 30, the country accounted for 28.4 per cent of the company’s worldwide sales. Consolidated sales reached US$2.9 billion, and pre-tax profit margins were…
‘Short-distance transport’ brand Segway China has launched a flagship store in Beijing. Segway COO Zhao Zhongwei and VP for Asia Pacific sales Huang Chen has issued licences to eight dealers from across greater China. With a minimalist interior design, the…
Designer outlet malls are sprouting up all over mainland China, even as department stores find themselves struggling amid a slump in retail sales. At least 17 new outlet malls are scheduled to open in China in the second half of 2016, according to a report by…
Chinese internet company Qihoo 360 is rolling a number of initiatives to help CMOs better connect with Chinese netizens. The company, named by iResearch as the number one provider of internet and mobile security products in China based on user base, is…
Lin Jia Convenience Store, the dark horse in China’s retail market, has shown remarkable growth recently, thanks to the retailer’s particular focus on excellence in customer service and innovation. The Chinese shop recently debuted on the large billboard…
Carrefour China says it will concentrate on convenience store development for the rest of this year. The French-headquartered retailer has been losing market share in the hypermarket segment and has closed about 30 stores during the past three years. It is…
A Worldpay global survey of 20,000 consumers has discovered that buying power in the internet age is concentrated within a group of high-spending, high-frequency “super-shoppers”. While these shoppers make up just 5 per cent of the population in China, they…
Pakistan’s largest operator PTCL has secured a fiber leasing agreement with China Mobile’s Pakistani mobile unit Zong. Under the agreement, PTCL will deploy 789 kilometers of fiber for Zong’s mobile network. The fiber leasing agreement will also allow Zong to…
Apple plans to open its first research and development centre in China this year, the latest in a series of steps to bolster its presence in a vital region as sales slow down. Tim Cook, Apple’s chief executive, revealed the plans to increase investment in…
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