More shoppers are using smartphones and tablets to do business with Korean online retailers – both Koreans and foreigners. Chinese shoppers – particularly those who have visited Korea and fallen in love with its products – have been a particular boon to the…
Star power is being used to connect fast-growing athleisure brand Under Armour with Chinese consumers. NBA All-Star Stephen Curry heads back to China next month for another promotional tour for sportswear brand Under Armour China (UA). As UA seeks to take…
Analysts warn of possible blow to tourism, retail industry A number of Chinese tourists are cancelling trips to South Korea in the wake of the country’s decision to deploy a missile defense system, a trend which experts say might lead to a blow to South…
Fashion brand Burberry China has spent £54 million (US$71.2 million) to take full control of its retail business, buying the 15 per cent interest held by Sparkle Roll Holdings. Headquartered in London, the 160-year-old label launched its foray in China in…
With the success of its trial with Tmall Global, Sainsbury’s China is doubling its product range. Citing “increasing demand”, the British supermarket retailer is about to release 100 more items, such as tea bags, coffee and pasta. “Chinese online shoppers are…
China Unicom has warned it expects to report an 80% year-on-year slump in net profit for the first half of the year as a result of a surge in expenses. In a stock exchange filing, the operator said that selling and marketing expenses grew significantly during…
Nippon Express will work with e-commerce giant Alibaba Group Holding to ship Japanese goods to China for around 30% less than current prevailing rates. The Japanese shipper will transport goods from companies doing business on Alibaba’s TMall.com platform to…
Millennials are the driving force behind Taobao Marketplace, with more than 70 percent of buyers in their 20s and 30s, according to Chris Tung, chief marketing officer at Alibaba Group. “As users continue to engage with the platform in more meaningful ways,…
Pan-Asia retailer Dairy Farm International Holdings reports “modest” sales growth for the six months ended June 30. Underlying profit was slightly ahead as higher contributions from food, home furnishings, restaurants and China hypermarket Yonghui offset a…
Chinese department store chain Lane Crawford is giving consumers a relaxing retreat from the bustle of Hong Kong. Within the retailer’s ifc mall flagship, a Sound Room has been set up for visitors to experience the sound’s power as a form of therapy.…
Apple Inc reported its third quarter of fiscal year 2016 (2QFY16) results after the closing bell on Wednesday. The company managed to beat both earning per share (EPS) and revenue consensus estimates. However, things aren’t as bright as it may seem since the…
CapitaLand’s China retail venture has had a strong half year, despite the tepid retail sector. CapitaLand Retail China Trust Management, which manages CapitaLand Retail China Trust , has achieved net property income of RMB339.3 million (US$50.92 million) for…
Smartphone maker Huawei plans to open 15,000 retail stores internationally this year in a bid for a record-high shipment of smartphones and greater sales of premium-priced models. “We are optimistic and confident about reaching our target shipment of 140…
New York-based Laguarda.Low Architects has designed a retail development in central Fuzhou, China. At a major intersection in the city centre, Thaihot Plaza Fuzhou is a 1.4 million sqft (130,064 sqm) retail centre with a six-storey luxury shopping mall to the…
On the way to becoming the world’s largest e-tailing market (US$590 billion in 2015), online shopping in China has become a highly social activity. Wary Chinese consumers don’t swallow advertising at face value and they don’t take vendors at their word – they…
China smartphone demand grew 17 per cent last month, according to technology research company Counterpoint’s monthly Market Pulse. It was the best-ever June in terms of sell-through for smartphones, despite the overall market having modest growth for the…
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