Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.
The Asia Pacific Travel Retail Association (APTRA) has launched a survey among its members to ascertain priorities for the 2016/2017 APTRA research programme. According to APTRA, it is a fundamental mission to further the knowledge of members through studies…
Unfazed by the country’s economic slowdown, luxury shoppers on the Chinese mainland have increased their purchases online as a range of e-commerce options provide attractive deals – from cosmetics and clothes to cars and property. That trend was uncovered…
The demand for IMAX China shares has not met expectations, according to a filing on Wednesday. The $248-million initial public offering (IPO) of IMAX China Holding Inc. in Hong Kong saw a relatively weak demand from retail investors, according to a filing on…
The Asia luxury goods market is still growing rapidly despite negative press about Hong Kong, Macau and deteriorating China spending. Luxury goods retail sales in Asia-Pacific are expected to reach US$134.9 billion by 2019, growing at a CAGR of seven per cent…
As Chinese tourists head across the globe for Golden Week this week, luxury retailers are worried that an ailing stock market and devalued yuan will lead to muted growth compared to holiday seasons of the past. But according to newly released figures,…
Asia Pacific consumers are increasingly likely to make their online purchases and bill payments through mobile devices (mobile phone or tablet), rather than via desktops, according to Visa’s 2015 Regional eCommerce Monitor Survey. The survey, which polled…
Tesco has ruled out selling any more of its Asian operations in the wake of the Homeplus South Korea divestment. At least for now. After the US$6 billion sale of Homeplus and an earlier divestment of a stake in its Chinese operation, Tesco Asia retains a…
Sa Sa International says its online arm sasa.com will launch a Sa Sa flagship store on JD.com’s eCommerce platform, JD Worldwide . The move opens the way for more than 100 million JD shoppers to access Sa Sa products in the Mainland as well as in Hong Kong.…
Luxury multi-brand footwear and accessories retailer Pedder Group is pulling out all the stops with its new 20,000 sq ft Pedder on Scotts store at Scotts Square that opens today. The concept store is the group’s largest free-standing one in Asia. The biggest…
The best of Italian fashion will soon feature on a new fashion mall being created by JD.com. JD.com, China’s largest online direct sales company, says the Italian Fashion Mall is dedicated to introducing Italian fashion brands and products to consumers in…
Wuhan 1818 mall has recently opened in China, delivering a new generation retail and lifestyle centre set to energise the precinct’s urban core. The 70,000 sqm, seven storey mall was developed by CapitaMalls Asia and caters to the needs of the 2.4 million…
Sweden’s H&M has followed in the footsteps of archrival Uniqlo in voicing its confidence in the China market despite the economic slowdown. Like Uniqlo H&M is aimed at the mass market, not the high end luxury sector most hit by the tightened spending of…
Italian luxury goods brand Salvatore Ferragamo is confident it can weather the impact of falling sales in China, Hong Kong and Macau. The company has admitted to slowing growth in Asia, its largest market, but says it will stick to its previous profit…
Computer manufacturer Dell Inc. will invest $125 billion in China over the next five years, as part of a new strategy to expand in the world’s second-largest economy. The company’s CEO, Michael Dell, said in a statement Thursday that the investment would…
While Hong Kong, soccer minnows ranked just 151 in the world compared to China’s 84, are unlikely to cause an upset, some say the political unease could motivate the underdogs. As China celebrated its struggle victory towards Japan in Beijing on Thursday, the…
Tag Heuer, the Swiss luxury watchmaker, has chosen to partner with JD.com to open its first online store in China. The exclusive partnership will see Tag Heuer open an online flagship on JD.com’s Marketplace platform. The store will offer product lines…
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