Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.
Hong Kong’s retail and tourism sectors have suffered another setback as mainland media have, with good reason, reportedly widely the tragic death of a Chinese tourist in the city this week. Already reeling from slowing sales, the latest negative publicity…
Within the next ten to twenty years there will be 500m middle class consumers in China, according to Jack Ma, and there will be huge opportunities for smaller Western brands to gain a foothold in this market. “In the last 20 years China was focused on…
Hamleys, the 255-year-old toy retailer, is poised to be sold to a Chinese footwear company for an estimated £100m. C.banner International Holdings has confirmed that discussions to buy Hamleys from its French owner are at an “advanced stage”. The company…
As a leading Chinese e-commerce company’s representatives and invited by UK Trade & Investment and British Embassy Beijing, Xiu.com’s CEO Ji Wenhong and Director of Overseas Division Summer Lu attended business meeting of the state visit on Oct. 21 and gave a…
Inditex brand Stradivarius has opened its own online store in China to complement its existing online store on T-Mall. Stradivarius, a sister brand to Zara, has 65 bricks & mortar stores in China. The direct site went live last month, less than six months…
British luxury brand Burberry says Chinese luxury spending patterns have impacted on its sales in the six months to September 30. While the brand’s global retail sales rose two per cent to £1.105 billion in the half year, CEO Christopher Bailey described the…
Alibaba is bidding to buy the remaining shares in Youku Tudou, dubbed ‘China’s Youtube’ in a deal which values the company at US$5.2 billion. The eCommerce already owns 18.3 per cent of the online video on demand service and says it will pay cash for the…
Brooks Brothers Group, America’s oldest retailer, and Walton Brown Group, have signed a 10 year joint venture to market the brand in Greater China. A 50/50 joint venture company has been established which will launch in January 2016 for an initial period of…
Narendra Modi’s Digital India is a scheme that includes connecting all Indian villages with broadband. He says this will empower rural Indians, without spelling out all the details. He should learn from China’s Taobao villages, which have been transformed by…
Virtual-reality fitting rooms, magic mirrors and 3D printing are among innovations being trialled at a large-scale laboratory in Shanghai where businesses can experiment with omnichannel techniques and trends shaping the future of retail. The initiative is…
Shoe marketer Stella International has reported increased sales in the second quarter on the back of growing demand for sports fashion footwear. In the three months to September 30, consolidated revenue from its China retail business and its manufacturing…
Hong Kong-listed shoe retailer Daphne International has reported a third quarter same store sales slump of 19.7 per cent as it continues to cull its store network. As earlier reported, Daphne issued a profit warning in July after reporting a fall in same…
Alibaba’s sales is only 5 percent of total retail in China and JD.com’s sales of electronics products represent about 2 percent to 5 percent of total electronics retail as well, according to Dangdang.com’s CEO Li Guoqing. If you only look at the Chinese…
Alibaba has officially launched its 11.11 Global Shopping Festival this year in a ceremony at its headquarters Hangzhou, China. The e-commerce giant said its push for this year’s festival is for Alibaba to serve as the “gateway to China” for brands worldwide.…
Experts say bamboo offers enormous potential to protect the natural environment and biodiversity as well as mitigate climate change, given its strong root systems to combat soil erosion and capacity to lock up carbon dioxide from the atmosphere. There is a…
Apple Inc. confirmed the upcoming launch of its 21st Apple Store in China, scheduled to open in Dalian on October 24, 2015. The latest retail outlet is situated in Parkland Shopping Mall on 19 Jiefang Road. Earlier in 2012, the iPhone maker claimed that the…
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