Changes in spending on luxury goods by mainland Chinese consumers might dictate a revamp in how luxury retailers do business in that market. More shoppers than ever are buying overseas because items are more expensive in China, according to Bain’s 2015 China…
Severe cold weather affecting in Southern China throughout the weekend as residents are racing to stock up on the essential foods and vegetables so they’ll have the capacity to stay at home in the following couple of days, causing some chaos to local…
LeEco, the Chinese entertainment giant formerly known as Letv, is bidding to become a top brand in India’s fast-growing smartphone market with the release of two handsets next month through leading online retail partner Flipkart. Its 6.3-inch flagship Le Max…
Mainland China has become one of the main global suppliers of tourists, and that has been paying dividends for retailers globally. But as the Chinese are roaming further afield, Hong Kong and Macau retails have seen their sales dropping. A fresh analysis from…
Alibaba plans to piggyback on the biggest celebration on the Chinese calendar – Lunar New Year – in the hopes of establishing another e-shopping tradition. Set to start in mid-January in the run-up to Chinese New Year, which falls on February 8 this year,…
Lewis Road Creamery will make a final decision this year whether to export fresh organic milk into China’s Shanghai. The premium dairy brand company is also planning to release a number of product extensions and has already moved beyond dairy products into…
Luxury retail tech start-up Mihaibao is looking to disrupt how Chinese consumers shop for luxury goods and how Western brands reach Chinese markets. And investors are certainly taking notice. Although still in a beta testing phase, the company is making waves…
In the face of a continuing sluggish market, Hong Kong-based Luk Fook Jewellery posted a 25 per cent drop in overall sales in the three months to December 31 against the previous two quarters. Its same-store sales growth (SSSG) for mainland China was down 10…
Starbucks China is planning to open a further 1400 cafes by 2019, the company has revealed. Currently, the US headquartered coffee giant has about 2000 locations in 100 Chinese cities – and it uses Alibaba’s Tmall to sell giftcards and coupons to Chinese…
Ski, mountaineering and backcountry gear manufacturer Dynafit has announced Blue Ice Adventure as its retailing partner for the Chinese market. It is part of the Swiss company’s strategy to expand its business in the Asia Pacific region, and it says in a…
Ten years after first entering the market, Toys”R”Us, Inc., the world’s leading dedicated toy and baby products retailer, today announced that the company has opened its 100th store in China. The milestone achievement was marked by a grand opening celebration…
Apple has seen robust sales in China despite the country’s worsening economic situation. Last quarter, revenues from Greater China grew 99% year-over-year, confirming the management’s opinion that China sales have been strong. Chinese economic slowdown…
Online retail giant Amazon has registered its China arm as an ocean freight forwarder, the US Federal Maritime Commission has announced. The move will give the retailer more control over shipping goods from its factories in China to customers. By expanding…
Less than a year after making its first foray into China’s healthcare sector, Singapore developer Perennial Real Estate Holdings has now set ambitious goals for itself: to set up integrated healthcare hubs in 20 to 40 Chinese cities. The concept will be…
Luxury retailer Louis Vuitton is suing three individuals in China for selling counterfeit items on Alibaba’s online shopping outlet Taobao. Damages of 250,000 RMB ($37,900) are being sought by the LVMH-owned company, says a statement on a Beijing court’s…
China’s policy of one trip a week for mainlanders plus the strength of the Hong Kong dollar against a weaker yen have gouged sales for cosmetics retailer Sa Sa International. Both its retail and wholesale turnover dropped 14.2 per cent for the third quarter…
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