Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.
It will benefit from increased consumption. CapitaLand Retail China Trust is still poised for growth despite China’s slowing economy, according to a report by DBS. Although investors are currently fearful of the slowdown in China’s GDP growth, DBS said that…
‘Retailers are falling short in serving both Chinese shoppers and others overseas by not providing the seamless shopping experience they offer here in the UK’ Although 71% of the UK’s largest online retailers are selling internationally, almost half (45%) are…
Despite feeling the pinch from an economic slowdown in China, Swedish fashion giant Hennes & Mauritz (H&M) says it plans to continue to bet big on the country. It blames an 11 per cent drop in quarterly net profit on adverse currency swings and mild November…
Shoe label Jimmy Choo has reported a 7 per cent increase in 2015 sales – all on the back of strong Asian growth. The British-based shoemaker, which has been actively increasing its Asian footprint during the past year, said it remains “confident” it can grow…
After years of tepid growth, sales at several Australian vitamins, minerals, and supplements companies suddenly shot up by 20, 30, or even 40% in 2015. For those who know what happened that in China in late 2014 the source of this growth probably isn’t a big…
Dior inaugurated a brand new boutique in China at the end of December 2015. Located in the heart of the Beijing central business district in the China World mall, the boutique is the largest Christian Dior flagship in China, joining a network of 20 plus…
The Chinese New Year – the Year of the Monkey – has passed. The Gregorian calendar year has gotten off to a somewhat inauspicious start – certainly as far as commodities are concerned (although diamonds seem to have bucked that trend somewhat), so what is in…
Vertically integrated US giant Trident Seafoods is launching its first retail branding and marketing initiative in China. Timed to coincide with the grand celebration of Chinese New Year beginning Feb. 8, the company will also introduce a Chinese version of…
Beyond China few may have heard of Oppo or Vivo, but these local handset vendors are rising up the rankings in the world’s largest smartphone market, using local marketing savvy and strong retail networks in lower-tier cities. Industry experts say these…
Despite the slowdown in China’s GDP growth, the Alibaba Group believes the country’s consumer economy will weather the storm and grow handsomely, largely fuelled by mobile e-commerce. According to a recent report titled The New China Playbook by he Boston…
McDonald’s China is shifting its focus from tier 1 and 2 markets to smaller cities as it expands its footprint in the mainland. The US fast food operator plans to open 250 new stores in the lower-tier cities in 2016 which represents its biggest expansion plan…
Going into this quarter the main concern for Alibaba was that a slowdown in Chinese economic growth would damage its performance. Fortunately, this has not materialised with very solid uplifts in its Chinese retail marketplace proposition underpinning a…
With total revenue growth of 22 per cent during its final quarter, Amazon has emerged as one of the clear winners in the battle for holiday spend. Even in its more mature home market, Amazon sales rose by 24 per cent, making it responsible for 22.6 per cent…
Chinese e-commerce giant Alibaba is looking to turn its hundreds of millions of users into sportsmen as it seeks to cash in on the country’s growing sporting market, an executive said. The comments by Zhang Dazhong, chief executive of its Alisports unit, come…
Food takes centrestage during Chinese New Year, like most festive celebrations. But in the lead up to the occasion this year, retailers selling festive goodies say business is more lacklustre compared to 2015. Family-run bak kwa (sliced barbecued pork) stall…
Chinese visitors to South Korea are buying less from global luxury mainstays like Louis Vuitton and Chanel in favor of cheaper homegrown brands, as young, independent travelers make up a bigger share of tourists. Lured by the “Korean Wave” of culture exports,…
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