Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.
In a world first, an Adidas football flagship has opened in southern China’s Guangzhou Teemall. Adidas Group Greater China MD Colin Currie describes it as an important milestone for both Adidas and Chinese football. “At the same time, it emphasises the…
Milkshake treats known as FreakShakes, devised by suburban cafe in the Australian capital of Canberra, have started making inroads to Asia. Patissez became a social-media sensation last year when it introduced its signature milkshakes piled with cookies,…
Apple donated ¥7 million ($1 million) this week to the China Foundation for Poverty Alleviation(CFPA), a non-governmental relief agency. The money is intended to help relief efforts in south China, which has been racked with flooding on the Yangtze. Apple…
Italian online fashion retailer Yoox Net-A-Porter (YNAP) aims to double sales and boost profits by 2020 as it expands in new markets, including Asia, but says it is still committed to Britain despite the vote to leave the European Union. The group says it is…
Selected bidders for McDonald’s China and Hong Kong, including China Cinda Asset Management and dairy producer Beijing Sanyuan Foods, have been asked to make binding offers. Also invited earlier to submit a second-round bid are Sanpower Group, which owns UK…
South Korean cosmetic manufacturer Banila Co has launched outlets in Malaysia, its fourth overseas market following China, Taiwan and the Philippines. Banila says its first cosmetics store in Malaysia opened in Mid Valley Mega Mall, the largest shopping…
China’s large retailers registered slower growth last year, with brick-and-mortar stores under continuous pressure due to booming e-commerce, a report showed Thursday. The sales volume of the country’s top 100 retailers topped 4.13 trillion yuan ($613.6…
It’s going to be a lot tougher to buy smartphones in India around the festive season beginning October, a time when Indians buy the maximum, fancy gadgets included. The reason is really very simple, plain economics-a demand-supply mismatch. There is, as of…
South Korean retailers and cosmetics companies are closely watching China’s moves after Korea and the US decided to deploy an advance missile defense system in the country on July 8. Neighboring China lodged a swift protest against the decision announced in…
Chinese fashion retailer Fosun International will reportedly acquire French apparel brand IRO. IRO’s founders, brothers Laurent and Arik Bitton, will retain a 40 per cent stake, while Fosun will acquire the 25 per cent shareholding of the Marciano family,…
Li & Fung Group subsidiary LF Beauty is seeking to cash in on soaring demand for beauty products in Mainland China and wider Asia. China’s skincare and cosmetics market is projected by the Hong Kong Trade Development Council to grow by an average annual rate…
Smartphone giant Xiaomi continues to distance itself from the lower end of the market, as Chinese buyers shift their attention mainly to device upgrades. Xiaomi international VP Hugo Barra says the company continues to direct its efforts at becoming a premium…
An eCommerce company that sells printer inks and sanitary napkins, C-Connect, has launched Ippin, an online shopping mall that specialises in direct sales and distribution from Japan to other countries. Ippin not only sells products made in Japan, but also…
Alibaba Group has announced the launch of OS’Car, the first mass-produced internet car powered by the company’s YunOS smart car operating system. The company has developed OS’Car RX5 in collaboration with SAIC Motor Corp. The new car will be supported by a…
Bioalpha Holdings Bhd is banking on its export markets in Indonesia and China to boost the group’s top line growth in the next two years. The firm, which produces halal-certified herbal and non-herbal based health supplement products, said that to date,…
Some 205 Chinese travellers took off from Macau International Airport and arrived in Ratulangi International Airport, North Sulawesi, Indonesia by Lion Air’s Boeing 373 on Monday, reported Chinese News Agency. This represents the opening of the direct link…
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