Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.
Korean travel retailer Walkerhill Duty Free has outlined the importance of Chinese consumers to overall business while presenting an overview of the leading brands, which have driven growth in Korean Duty Free. Speaking as part of a morning workshop last week…
Luxury brands have begun to expand beyond their core but saturated fashion businesses into the food and beverage sector in Asia. Iconic fashion brand Gucci, for example, opened 1921 Gucci in Shanghai iAPM, which is owned by Sun Hung Kai Properties in the…
ING, the largest Dutch financial services company, said on Wednesday it was researching an online banking joint venture in China, as it posted quarterly results boosted by an economic recovery in the Netherlands and strong growth in Germany. ING reported…
Fast-rising Canadian street sportswear fashion label Hip & Bone has formed a joint venture with MRH SpaRotica Groupe to roll out 50 stores in China over the next five years. Hip & Bone China will leverage the existing MRH vertical and franchise networks…
Sands Resorts has launched the Macau Shopping Break promotion in a bid to lure tourists to the Cotai Strip and boost retail spending. Timed to coincide with the upcoming festive season, Sands Resorts Cotai Strip Macau has launched a special hotel package –…
China’s Apus group plans to invest an initial amount of Rs 100 crore in Indian startups as part of its aim to build a positive ecosystem for the ever growing startup community in the country. Apus group was founded in 2014 and is among the top 10 developers…
Chinese gymnast Li Ning wowed the world with one of the highest double pikes in Olympic history to clinch a third gold medal at the 1984 Los Angeles Games. Now a sporting goods retailer, he is counting on another tactic to win over shoppers. Li is enticing…
Sportswear maker and retailer Li Ning has sold a 10 per cent stake in the Double Happiness table tennis business to Viva China. The deal is worth RMB 125 million in cash and will increase Li Ning’s net cash position by 25 per cent relative to the reported…
After a long running series of quarterly sales declines, McDonald’s says it global sales rose four per cent in the last three months. And McDonald’s China has played a key role in the recovery. President and CEO Steve Easterbrook said the company was…
After its successful premiere in 2015, C-star, Shanghai’s International Trade Fair for Solutions and Trends all about Retail, will return to the Shanghai New International Expo Centre from May 18 – 20, 2016. Next year, C-star will occupy two halls in order to…
Online and mobile commerce for luxury brands in China has risen at an exponential pace while smartphone penetration continues to grow rapidly, results of a recent survey shows. The new study of online spending in the country was conducted by KPMG in…
Beauty products retailer Sa Sa International has warned its half year profits will plunge by 50 per cent. A Sa Sa profit warning filed with the Hong Kong Stock Exchange said preliminary analysis of accounts for the six months to September 30 pointed to a…
Not long ago, Tupperware seemed to be a brand with a limited future. Tupperware’s background is selling products at relatively high prices through direct selling, or the party plan concept, rather than retail stores, a system dating back to the 1970s. In…
Sales may be down at Sands China’s shopping malls, but by nowhere near the decline in Macau’s gambling revenues. Sands China has revealed that gross revenue from tenants in the company’s retail malls on Cotai (The Venetian Macao, Four Seasons Macao and Sands…
Coccinelle has further extended its global network of shops with three new openings in China and Morocco and on board the St Peter Line cruise ship, which sails the Baltic Sea. The three locations opened in August and September and carry the Autumn/Winter…
Importers of fine wines are cutting the prices of their products by as much as three-quarters amid a drop in demand. The fire sales are prompted by a huge oversupply of wine that had built up after a swarm of importers jumped at seemingly stellar growth from…
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.