Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.
Gucci and its parent company apologized Friday after drawing heavy criticism for warning some Hong Kong shops not to sell paper offerings for the deceased that resembled the fashion brand’s luxury products. The brand and its Paris-based owner, Kering, also…
Uncle Martian, a new competitor for sportswear brand Under Armour in one of its main markets, China, is in hot water for co-opting the US company’s logo. Under Armour uses a U over an inverted U that intersect to form a stylised A. Uncle Martian has the same…
Chinas’ big three operators will have new competition, with the Ministry of Industry and Information Technology (MIIT) issuing the nation’s fourth telecoms license to China Broadcasting Network. The license will allow China Broadcasting Network to provide…
The Indonesian government will participate in the Beijing International Tourism Expo (BITE) to be held on May 20-22 to realize its target of attracting two million Chinese tourists this year. The Indonesian Tourism Ministry would be one of the main sponsors…
Last week, I reasoned why Starbucks’ growth plans in China would lay the foundation for the company’s ultimate success in the long-term. Put simply, China will make you rich as a Starbucks shareholder. The “long game,” as CEO Howard Schultz describes it,…
Myanmar’s growing group of middle-class consumers can now look forward to Singapore bakery giant BreadTalk’s pastries and baked goods as the home-grown bakery brand will soon be available in Myanmar. It signed a franchise agreement with Myanmar Bakery on…
A government panel has recommended the removal of a trading obstacle that would free Apple India to open single-brand retail stores across the country, one of its few growth markets. A three-member panel has recommended the waiving of the mandatory 30 per…
Investors have injected US$339 million lifeline into GFG, which owns the struggling Rocket Internet fashion websites. Rocket Internet and others have sunk the euro 300 million into its Global Fashion Group, raising GFG’s valuation to €1 billion – which is…
Apple sales slumped 26 per cent in Greater China in the latest quarter, driving the tech giant to its worst result in 13 years. CEO Tim Cook said the Hong Kong market was largely to blame, due to its currency value being pegged to the US dollar. Sales in the…
A North Korean beer brand rarely available in China up to now has been spotted on grocery store shelves in cities close to the North Korean border, although the brew is too highly priced for Chinese consumers, sources said. “There is a billboard advertising…
China and the Chinese played a primary role in the growth of the luxury sector in the past decade. But what was once a boon for luxury goods brands is now turning around. Chinese consumers account for the largest portion (31 percent) of global luxury…
U.S.-based electric car maker Tesla has opened a new experience center, which is the company’s largest experience center in North China and its fifth owned sales site in Beijing. Tesla will reportedly build ten new stores in China in 2016. At the same time,…
With the largest population and the most Internet users of any country in the world and the rise of its middle class, it is not surprising that China is also the world’s largest and fastest-growing e-commerce market. However, capitalizing on this huge market…
Apple’s double-digit growth in Greater China, which has helped fuel the huge success of the iPhone over the past few years, came to a grinding halt last quarter, with revenue falling 26 per cent as iPhone demand softened. Sales in the Greater China region,…
As brands speculate about continued economic buoyancy in China, the necessity of having physical stores has come under increasing scrutiny. The unrelenting enthusiasm for e-commerce shown by Chinese consumers has also given cause for questioning the relevance…
Starbucks China has recorded a massive 18 per cent increase in sales in the second quarter, fuelled by a 5 per cent increase in transactions. The Chinese boost was one of a string of highlights in the quarter in which Starbucks set a new sales record of US$5…
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