Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.
PepsiCo will market a range of mobile phones and accessories in China later this year. The US beverage giant will licence its brand to a manufacturing partner with the Pepsi smartphone just one of a range of planned licensed products which will also include…
A plan to simplify the complex ownership structure of Parkson Retail Asia operations has been rejected by independent shareholders. The proposal, defeated by a 63.44 per cent vote against at a shareholders meeting on Monday, would have seen the…
The chain has 65 bricks & mortar stores in China and also sells its products online via both its own website (www.stradivarius.cn) and the T-Mall platform An event celebrated in Shanghai’s Union Building provided the backdrop for presentation of…
Nestlé just became the fourth major Western brand in the past two weeks to report dreary Chinese sales during the year so far. According to the Swiss food and drink colossus, sales in the Asia, Oceania, and sub-Saharan Africa regions fell by 3.1%. A “slower…
Chow Tai Fook Jewellery Group has reported a four per cent year-on-year increase in retail sales in the three months to September 30. The welcome increase was attributed to surge in demand for gold as a result of falling gold commodity price since mid July.…
Affluent Asians expect more from their banks according to new research. In an increasingly competitive retail banking market, affluent middle class consumers in Asia expect greater recognition and reward for their loyalty according to a report by the…
A potential prize for AB InBev in its bid for SABMiller is a Chinese beer that is the world’s biggest seller. But any deal will face Chinese regulators who have barred the two brewing giants in the past from cooperating. China already drinks one-quarter of…
Burberry has reported a slowdown in sales as it felt the impact of a challenging global luxury market, particularly in China and Hong Kong. Retail sales growth slows to 2% in first half Luxury retailer points to “weakening consumer sentiment” in China Share…
The possibility that China’s second-largest online retail giant will enter the Australian market poses a huge potential threat not just to bricks-and-mortar shops but to the slow-growing domestic online retail sector as well. That is the conclusion of…
Last week’s proposed merger between two of China’s leading consumer lifestyle sites was a wake-up call for firms that have yet to start an e-commerce platform in an economy where online transactions are tipped to total half of all consumer sales within seven…
Capital Group and Seoul-based Samsung Asset Management on Wednesday announced a strategic partnership to cooperate on developing active investment strategies for institutional and retail investors in Korea. Capital Group, with $1.4 trillion in assets under…
Menswear retailer China Xiniya Fashion says its second quarter sales nearly halved this year. Revenue during the second quarter of 2015 decreased by 47.2 per cent to RMB106.4 million, compared to RMB201.7 million in the second quarter of 2014. Gross margin…
Playboy will no longer publish images of fully nude women in its magazine from next spring. You can blame China for that. The porn pioneer, which gave generations of pubescent boys around the globe their first glimpse of breasts, earns a surprisingly rock…
JD.com, China’s second-largest e-commerce services provider by sales, has expanded its operations in the United States, with the opening on Monday of a research and development facility in Santa Clara, California — right in the centre of Silicon Valley.…
Junheng Li with boutique research shop J.L. Warren Capital this morning opines that Apple‘s (AAPL) rollout of its iPhone 6s is failing to meet expectations, citing as the main reason a failure of the Chinese market to deliver. “According to information and/or…
Hong Kong has pegged the value of its dollar to the greenback since 1983. The peg was meant to ensure financial stability as the city embarked on the long process of re-integrating with China. Since then its currency has been one of the most stable in the…
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