Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.
GuocoLand held the topping-out ceremony of its $3.2 billion Tanjong Pagar Centre on Jan 13. Standing at 290m, it is Singapore’s tallest tower and the latest landmark at Tanjong Pagar. The mixed-use scheme will have a total of 1.7 million sq ft when completed…
Two months after jeweller Chow Tai Fook set up its first shopping mall selling Hong Kong products in the Qianhai free-trade zone, it was offered opportunities by several mainland cities, including Shanghai, inviting it to build such malls in their free-trade…
Goodbaby China broke the equity capital markets silence on Tuesday by launching Hong Kong’s first initial public offering in almost two weeks. Braving choppy market conditions, the Chinese maternity, baby, and children’s products seller hopes to raise as much…
Cosmetics and skincare products company L’Occitane International reported China was the main driver of sales in the nine months ended December 31. But Hong Kong and Macau retail sales dropped by 14.5 percent. Hong Kong travel retail business also suffered…
AS a premier Asian financial center parked at the doorstep of one of the fastest-growing economies on the planet, Hong Kong has long lived a charmed life. The former British colony’s Western-style legal and regulatory system made it a magnet for global…
Fans of affordable electric vehicles, avert your eyes. Tesla has announced its mainland China pricing for high-end models of its upcoming SUV, the Model X, and the numbers are not pretty. The 90D model, which will cost around US$100,000 in most other markets,…
Apple Inc. announced on Saturday that it would soon open its 31st outlet in Qingdao, China. The retail outlet will be located in China’s biggest shopping complex, MixC luxury shopping mall, according to the reports. The new store is expected to open between…
The Journal is detailing Apple Inc.’s remarkable success in China, particularly with the iPhone, and questions about Apple’s future as China’s economy slows. Part of that success stems from the strong resale value of used iPhones, which many consumers view as…
During the Lunar New Year period, most Hongkongers would need some red envelopes to put in lucky money for kids, for young unmarried colleagues or for doormen. The envelopes are often obtained free as they are given away by banks, corporate houses or business…
In 1992 Louis Vuitton made its debut in China with a store in Beijing’s bustling shopping district of Wangfujing, becoming the first luxury brand to set foot in the Middle Kingdom. The timing was perfect. The Chinese economy was just coming into its own,…
Lu Jianxin, a real estate agent with Shanghai Huayu Property Ltd, has had some of his busiest business weeks in January since he joined the sector in 2002. Lu receives more than 50 phone calls every day asking him if he can find unoccupied retail properties…
McDonald’s Corp smashed analyst expectations for quarterly same-restaurant sales as the launch of all-day breakfasts proved a hit with diners in the United States and demand continued to recover in China. The performance adds fuel to McDonald’s revival, after…
Due to stricter copyright laws and laws to protect intellectual property in the US, finding a fake Apple retail store is next to impossible. However over in China, such stores used to run rampant several years ago where not only did the shops look like the…
The Mall Group will celebrate Chinese New Year with a variety of activities and promotions to boost customer spending. The company projects the campaign to generate Bt2.5 billion in sales. Chamnarn Maytaprechakul, executive vice president of The Mall Group,…
Royal Greenland is expanding its sales team in China, and preparing the launch of a frozen seafood range for retail. The company opened a sales office in Qingdao in its 2014/2015 financial year, in which it reported a record profit, with increasing frozen…
China’s online retailing giant JD.com has started conducting trial deliveries using drones, and plan to roll it out for delivery in rural China, the state media reported today. The company said the unmanned aerial vehicles or drones will not deliver packages…
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