Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.
Yi Hua Department Store Holdings has entered into a strategic purchasing pact with China Merchants Food to jointly develop cross-border eCommerce and bonded merchandise business. Yi Hua operates a group of retail businesses in Mainland China, including…
Country Style Cooking Restaurant Chain, a quick service restaurant operator in China, says sales fell in the third quarter, despite the opening of 10 new outlets. In the three months to September 30, the company expanded its network to 355 restaurants,a net…
Japanese and South Korean retailers are smiling… but these scenes are enough to make a Hong Kong retailer weep: Watch how Chinese shop over Golden Week… in Tokyo, Seoul or Boston… Not in Hong Kong, their traditional destination. Chinese tourists, famous for…
Deterioration of the market environment in Asia and a slowdown in the Americas weighed on sales and earnings performance of German fashion brand Hugo Boss in the third quarter of 2015 The company said its sales were marked by “high levels of volatility” in…
Chinese electrical retail giant Gome says sales by its takeover target Artway during the first half year rose 7.85 per cent year on year, to RMB10.858 billion. Same store sales rose 3.66 per cent overall, while in second tier cities same store sales rose 5.93…
JD.com, China’s largest online direct sales company, has opened its first US facility, a new research and development center located in Silicon Valley. Situated in Santa Clara, the new office will focus on developing and enhancing new and existing…
China Jo-Jo online sales soared 438 per cent in the last half year as more shoppers chose to buy direct rather than on the company’s Alibaba shop front. Sales on Alibaba rose 130 per cent year on year. China Jo-Jo Drugstores, listed on the US Nasdaq exchange,…
A 465 sqm pop up store promoting Macallan single malt whisky is touring major Asian cities. Designed by agency Fitch, the unique pop up is by day a shopping and exhibition area, open to any walk-in customers. In the evening, the space is transformed into a…
Indian consumers are more digital savvy for reporting and resolving customer service experiences over social media than their counterparts in Japan and Hong Kong, says a survey by American Express. According to the American Express Global Customer Service…
Burberry shares tumbled 12 per cent, the largest drop in three years, as theluxury group warned that its sales had been hit by a slowdown in China. In an example of how the global luxury market is struggling, Burberry said that retail sales were affected by…
CR Land recently celebrated the opening of its ShenYang MixC Mall in China’s Liaoning Province. The centre’s opening completed a 30 month design and delivery partnership with The Buchan Group’s Shanghai studio. “CR Land’s design brief was to attract the local…
Luxury fashion brand Belstaff has won a court battle against online counterfeiters, winning $42 million in damages and leading up an unprecedented 676 copycat websites being shut down. The win was announced by MarkMonitor, a specialist in enterprise brand…
China retail is “rife with opportunity” for retail and property investment according to a new report released at China Mall 2020. Taubman Asia, a subsidiary of US mall REIT Taubman Centers, and Mingtiandi, China’s leading source of retail intelligence,…
Fashion designer Karl Lagerfeld is to enter 97 international markets online. The move marks a dramatic expansion of the company’s current online strategy which is to partner with leading department store brands, such as Harvey Nichols and Harrods, and…
Walmart China’s local business partner wants out of its joint venture. State-backed China Resources Group has put the minority interests it has in 21 Walmart China stores on the market, seeking US$525 million. Most of the interests equate to about 35 per cent…
Luxury watch brand Roger Dubuis says it will open more stores in Macau and Hong Kong despite the recent contraction of the market. Roger Dubuis Hong Kong has four stores and there are a further three in Macau. The Swiss brand debuted here in 2000 and is…
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