Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.
Fitch Asia, the retail and brand consultancy, has appointed a new regional CEO to cover north and southeast Asia. UK-born and Australian-raised Andrew Crombie will lead the company’s growth across the region from its Singapore hub, reporting to worldwide CEO…
Japan’s Kose cosmetics has unveiled a global marketing plan that aims to give it a strong international presence – including department store outlets in China, Malaysia and Singapore. The plan was revealed as it celebrated its 70th birthday, with a media…
With a theme of risk takers and growth makers it was inevitable that anecdotes about Australian business and China would feature heavily at The Australian Financial Review Business Summit, presented by BHP Billiton. China presents risks that are beyond the…
Shares of Chinese Estates dropped as much as 11 per cent on Tuesday despite its core profit jumping 3.4 times last year to HK$16.78 billion, mainly driven by asset disposals. The company’s shares end the day 8.65 per cent or HK$1.80 lower at HK$19 after…
There is more to wearable technology than wrist devices, with more than 25 exhibitors out to prove this at a consumer technology expo coming up in Shanghai. They will be showcasing the latest in wearable innovation at CES Asia, which returns to Shanghai from…
Indonesia has offered an investment opportunity in the film industry to China with regard to developing national film industry. “We are offering 100 percent foreign ownership to support creative industry in Indonesia,” the head of Investment Coordinating Body…
Huawei Japan is to open its first smartphone experience store in Tokyo – but customers will not be able to buy a handset there. The Chinese phone manufacturer says it intends to use the outlet to provide services to users, improve brand influence and break…
German fashion retailer Tom Tailor has opened an online store in China, using JD.com’s JD Worldwideplatform. Tom Tailor describes its first online shop in China as “another important milestone in Tom Tailor China’s expansion, following the opening of the…
Tech giant Apple has confirmed that a new Apple Store will open in Dalian, China, on March 19, 2016. The new store is part of the company’s ongoing mission to launch at least 40 new Apple Stores in China by October 2016. The new Apple Store will be located on…
China has completed a draft version of the country’s first e-commerce law, a lawmaker said on Thursday. The draft will be submitted as early as possible to the Financial and Economic Affairs Committee of the National People’s Congress (NPC) for review, said…
China’s Alibaba Group Holding Ltd said it has signed a deal for a $3 billion five-year loan, which will help the e-commerce giant as it snaps up stakes in companies within China and overseas. Alibaba, led by founder Jack Ma, has been expanding in areas beyond…
German fashion house Hugo Boss is closing outlets in China and will review its global store network as it tries to revive its fortunes following the departure of its chief executive last month after a profit warning. Like other upmarket fashion retailers,…
Apple has confirmed that its alliance with China’s state-owned bankcard association, China UnionPay, will allow the lender’s cardholders to use Apple Pay from 3rd week of February. The union between Apple and UnionPay was announced late last year, but was…
A designer outlet village adjacent to Shanghai Disney Resort will open on May 19 in Pudong New Area, aiming to tap the demand of luxury shopping amid potential tourists toward city’s upcoming iconic attraction. Named as Shanghai Village, the project is a…
JD.com‘s head of wine business, Zhao Dabin, told in an exclusive interview that the retailer sold 400m yuan (US$61.5m) of wine direct to consumers in 2015. That figure is expected to triple in 2016, he said. JD also hosts pages for individual merchants,…
Hyundai Department Store on Friday launched a premium outlet in Dongdaemun in central Seoul, home to many outlets such as Migliore, Lotte Fitin and Doota. With the new outlet, Hyundai is offering unique stores and services in hopes of the youke, or Chinese…
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