Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.
Germany’s Metro Group has opened two My-Mart convenience shops in Shanghai, revealing its new concept. Both stores opened the same day in Putuo district, where Metro China has its headquarters and flagship stores. One is about 110 sqm, near a subway station,…
In Q3 2016, Estee Lauder registered an 8% growth in retail sales in China, lower than its all the time high of 20%, but still strong according to the company. The growth in China was primarily due to a 70% growth in e- and mobile commerce sales and 10% of the…
Singapore cosmetics startup BeautyFresh is eyeing the eCommerce potential in its home market and broader Asia. Stocking more than 70 international brands including Chanel, Dior, Jo Malone and Nars, the company ensures authenticity of its products by scanning…
Chinese multinational telecommunications equipment and systems company ZTE Corporation plans to open 23 stores this year, mainly in China but also Germany and Mexico. Meanwhile, its latest smartphone, the flagship Axon 7, will go on sale for $449 in the US…
Southeast Asian economies are reaching a stage similar to China’s at the end of the last decade, when eCommerce began to take off, according to Alibaba Group executive vice-chairman Joseph Tsai. “I don’t blame you guys for having some degree of excitement…
Starbucks Coffee Company is to launch its first international Starbucks Roastery and Reserve Tasting Room in China next year. It will be along Shanghai’s Nanjing Rd West as part of the HKRI Taikoo Hui project, a premium retail, office and hotel precinct, and…
Integrated development Chengdu IFS has won the overall 2016 VIVA (Vision, Innovation, Value, Achievement) Best-of-the-Best Design and Development Award, presented in Las Vegas by the International Council of Shopping Centers (ICSC). Honouring shopping centre…
Zhong Guoyan sifted through piles of fish at a Wal-Mart in Shenzhen, one of China’s largest cities. She studied the fins, to make sure they were bright red and firm. She peered at the eyeballs — were they bulging? “I like when the products are fresh, and the…
Japanese retailer Muji is expected to end its latest quarter with a 10 per cent year-on-year rise in group operating profit to about 10.5 billion yen (US$95.5 million), a record for the period. Sales for the parent company, Ryohin Keikaku, will probably have…
Young Chinese luxury travellers demand bespoke experiences and go abroad every three to four months, mainly for leisure, according to a Hurun Research Institute report. It shows that these travellers spend RMB420,000 (US$65,000) on tourism every year and…
Chinese tourists’ consumption in Japan has begun to wither in the face of a strengthening yen, setting up Hong Kong to recapture spending that has moved elsewhere in recent years. Affordability is key A country appeals more to foreign travelers as its…
Italian leather goods brand Furla China has launched its first flagship store in Shanghai as part of a move to expand its presence on the mainland. The new Furla Shanghai store is in Citic Square in Nanjing West Rd. As the first duplex design store on the…
Chains outperform independent eateries in China restaurant rankings, new research shows. A survey by global consulting firm OC&C Strategy Consultants shows that Chinese consumers dine out on average two or three times a week, with Hai Di Lao, Pizza Hut and…
A new Leica camera store in Shanghai has had a soft launch, with its grand opening scheduled for June 3. In West Nanjing Road, Leica Shanghai XinTianDi is surrounded by luxury brand boutiques. It displays a full range of Leica products, including cameras as…
A tactic to move to high prices over the past year has failed for Japanese casualwear chain Uniqlo, admits the chairman of its parent company, Fast Retailing. Japan’s richest person, billionaire Tadashi Yanai says the company is considering how to sell…
South African tycoon Koos Bekker sells wine from his vineyard all over the world, but a small detail offers a clue as to where his priorities may lie – all the bottles are labeled in Mandarin. Other producers along the Stellenbosch wine routes where his…
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