Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.
Blackmores chairman Marcus Blackmore admits he had no idea just how much the opening up of China would turbocharge sales of his company’s vitamins, creams and supplements. The ASX-listed natural health business has been showered with awards this year while…
Jeweller Luk Fook Holdings is looking to Mainland China to restore growth after a heavy drop in profits due to the Hong Kong and Macau market slump. Lukfook Group says its sales declined 7.7 per cent to HK$6.965 billion in the half year to September 30 and…
What will become the new BMW 2 Series saloon was unveiled recently at Auto Guangzhou 2015, one of the largest international motor shows in China The car, which will take on such as the Audi A3 saloon and the Mercedes CLA, was unveiled as the BMW Concept…
A year since the opening of its first store at IFC Mall, jeweller Monica Vinader has opened a second store at Harbour City in Kowloon and a counter at the prestigious department store Sogo. “I am honoured that the brand has been so well received in Hong Kong,…
Xiaomi has this week launched two new devices to its ever growing lineup, namely the Xiaomi Redmi Note 3 phablet and the Xiaomi Mi Pad 2 tablet. While these two devices probably won’t be heading across the Pacific (or Indian Ocean, for that matter) any time…
The airline announced on Tuesday that it had sold a 23.7 percent stake to HNA Group of China for $450 million. HNA, which earlier this year bought Swissport International, an air cargo services company, for $2.8 billion, owns China’s Hainan Airlines. It is…
German fashion house Hugo Boss expects challenges in China and the US market to keep a lid on sales growth next year, but it said it would keep investing in its website and stores. In a presentation released ahead of an investor day on Tuesday, Hugo Boss said…
Chinese pharmacy retailer China Jo-Jo Drugstores has finally turned a profit, thanks to booming online sales and partnerships with health insurers. The US-listed retailer achieved second quarter sales of US$22.6 million, up 22.4 per cent on the same period…
The two Internet giants in China, Baidu and Amazon have reached in an agreement to strengthen their respective positions in the strong Chinese market.. The two companies, digital heavyweights, formalized the agreement Thursday, December 3, 2015 in a press…
Innisfree, the Korean natural cosmetics brand owned by Amore Pacific, is to open its largest store yet, in China. Amore Pacific announced Innisfree China will open an 827 sqm flagship store in Shanghai. This is the largest store among all of Innisfree’s…
Listed fashion boutique operator Joyce Boutique says it will continue to take a cautious approach to business expansion and focus on consolidation of the Joyce multi-label business towards higher-productivity stores in the year ahead. It will renovate and…
The Asian eCommerce boom is driving major changes in logistics developments and networks across the region, according to CBRE’s latest Global & Emerging Logistics Hubs report. “With a trickle-down effect to inventory management, this is leading to changes in…
Great food is produced long before it ever gets to the kitchen. Soil, sunlight, clean air and water, and scrupulous farming practices are essential ingredients for any quality dish. Quality and authenticity are especially true for steak. It’s why CHAR in the…
Tech giant Apple will launch its mobile payment system Apple Pay in China by early February, according to a report in the Wall Street Journal. Citing people familiar with the discussions, the newspaper says Apple has reached agreement with China’s four…
Philippines-based Jollibee Foods is actively searching for at least two more established fast food or QSR restaurant chains to boost its brand portfolio. Jollibee chairman Tony Tan Caktiong says the company will pay up to $100 million for each investment and…
Chinese retail player Beijing Hualian Group is planning to list its BHG REIT in Singapore this year. If it proceeds, it will mark just the first IPO on the Singapore SGX Mainboard in 2015. The BHG Retail REIT wants to issue 150.1 million shares at $0.80 per…
Weekly Briefing
Tuesday, Thursday and a Saturday Weekly Wrap: the retail stories, numbers and moves that mattered across Asia. Nothing else, and you can unsubscribe in one click.
Read by retail operators, investors and brand teams across Asia.