Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.
French luxury label Hermes has managed to increase its sales in Asia despite the challenges in Hong Kong and the Mainland. The company says it achieved five per cent sales growth during the first nine months of this year in Asia excluding Japan – where sales…
In a first for the UK’s largest independent online fashion and beauty retailer, ASOS has launched mobile apps for iPhone, iPad and Android to the Chinese market. Developed using retail technology specialist Red Ant’s award-winning RetailOS mobile commerce…
China will promote the development of the retail, health, travel and sports sectors in a bid to boost domestic consumption, the cabinet said on Sunday. In a statement on its website, the State Council said it will encourage financial institutions to accept a…
Thousands of jobs are under threat in the wake of the Korea Customs Service’s shock decisions last Saturday in awarding duty-free licenses in Seoul. Two major players had their licenses revoked. Lotte Group plans to close its World Tower branch in Jamsil,…
Toyota Indonesia have launched the second generation Toyota Innova at the ongoing Guangzhou Auto Show in Indonesia for IDR 282 million. The new generation Toyota Innova is the third car from Toyota this year, after Toyota Hilux and the all new Toyota…
Louis Vuitton is about to get smaller in China, and other luxury goods makers might follow as the heady days of expansion in that market are over. The French maker of monogrammed luggage is reviewing eight stores in second-tier cities, or about a fifth of the…
While consumers reaped the rewards on Singles Day, at least one retail consultant is questioning the damage done by the US$14 billion 24-hour spendathon. “The clear winners are consumers, marketplaces and couriers and delivery companies,” explains Richard…
Yum! Brands has revealed same store sales figures for its KFC China and Pizza Hut China networks. The US company, which last month revealed plans to spin off its Chinese operations into a separate company, said total Chinese October same-store sales grew an…
New Look China sales are soaring on the back of a rapid mainland rollout of the UK fashion brand. Globally, New Look recorded a stellar rise in both sales and profits in the first half of this financial year – driven by fast growth in China and the successful…
French-headquartered luxury brand owner Kering has unsuccessfully sought to fast track its legal suit against Alibaba after what it considered “greatly troubling” comments by Jack Ma. Kering, which owns Gucci and Yves Saint Laurent among others, filed suit…
Todd Fryhover, president of the Washington Apple Commission, joined China’s Singles Day celebration for the first time, hoping to sell 1.2m apples from Washington State in 24 hours. To help him out was the marketing juggernaut of Alibaba, the Chinese…
According to eMarketer, China and the US accounted for ~55% of the global Internet retail sales in fiscal 2014. It also mentioned that China and the United Kingdom have a higher proportion of “online-to-total retail sales compared to the US.” It’s important…
China’s total retail sales of consumer goods rose 11.0% year-over-year (or YoY) to 2.8 trillion yuan in October. The data indicated better-than-expected growth in retail sales and a slight improvement from September’s rise of 10.9%.On a year-to-date (or YTD)…
Flagship airline Garuda Indonesia and Lion Mentari Airlines are adding direct flights to more Chinese cities from Bali next year in a move that would boost tourism for both countries. Garuda will launch the Guangzou-Denpasar and Shanghai-Denpasar routes in…
Giordano Hong Kong sales increased by four per cent in the last quarter, with same store sales up a staggering 12 per cent in a stagnant retail market. The company says with the decline in Mainland China visitors to Hong Kong and Macau, the company has…
Apple, continuing its aggressive retail expansion in China, has announced that it will be opening its 22nd retail store in the country in Chengdu, a major city in Sichuan Province, on Saturday, November 21 at 10:00 AM local time. The new store is slated to…
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