Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.
Cosmetics-giant Estée Lauder Companies reported a decline in travel-retail sales in fiscal year 2015 (ended June 30, 2015), despite an increase in global airline traffic and expanded distribution in the channel. The company said that a stronger dollar and the…
The retailer’s global online sales increased 16% in Q2, excluding the impact of the stronger U.S. dollar. Wal-Mart Stores Inc. says its heavy investment in e-commerce infrastructure is paying off, with online sales growing by double-digit percentages, but…
From London’s trendy Shoreditch to a downtown revitalisation project in Las Vegas, pop-up shopping malls have become all the rage among urbanites keen to sample craft beer and buy designer sneakers. But, in Hong Kong, plans for the first temporary mall are…
Consumers across Southeast Asia and Greater China feel safer paying in a brick and mortar environment as opposed to online; sole exception is China According to the inaugural MasterCard Safety and Security Index, consumers across Southeast Asia and Greater…
South Korea’s Lotte.com has launched a Chinese mobile shopping mall service known as ‘china.lotte.com’ to meet demands of consumers chasing the ‘Korean Wave’. Growing numbers of Chinese are buying goods online from offshore sources – a practice referred to as…
Aeon Hong Kong is ramping up its store network expansion in the territory and the mainland. The Japanese retailer’s locally listed subsidiary has set aside HK$420 million to build new stores and refurbish existing ones, MD Christine Chan Pui Man said in…
Studio City and Taubman Asia, have revealed the lineup of fashion brands that will open inside The Boulevard at Studio City. A mix of fashion-forward labels and internationally-renowned luxury brands include Macau’s first Balmain, Macau’s first Belstaff, and…
Chinese outdoor apparel brand Telent says it plans to set up retail points of sale in Malaysia as a first step in a broader Southeast Asian push. Telent specialises in the design, manufacture, marketing, brand management and distribution of branded outdoor…
China Fordoo Holdings opened 42 new stores in the first half of this year, helping it boost sales in a soft Mainland retail market. Fordoo, a specialist menswear designer, manufacturer and retailer, now has 1494 stores across the Mainland, including two…
The former chairman of China’s Bright Food Group has been found guilty of embezzling US$31 million between 2000 and 2006 when he was chairman of Shanghai Lianhua Supermarket Holdings Ltd. Corrupt Chinese businessman Wang Zongnan was sentenced by the People’s…
QKL Stores a regional supermarket chain in Northeastern China and Inner Mongolia, has announced improved sales, but lower profit in the second quarter. Zhuangyi Wang, chairman and CEO, said the company had boosted its promotional activities in existing stores…
Chinese eCommerce company Jollychic.com, an online global fashion destination, has unveiled a new line of homeware products called J.Home. “Increasing demand and lower prices have made Jollychic’s promotional furniture products a viable alternative for…
Chinese women are splurging more on their underwear, producing rich results for Cosmo Group. Cosmo, China’s largest branded intimate wear business in total retail sales and store numbers, says sales revenue soared 27.2 per cent in the six months to June 30.…
Chinese fashion retailer Ever-Glory International says its sales fell 11.6 per cent in the three months to June 30. Total sales for the quarter were US$75.7 million, the slide primarily due to a 6.8 per cent decrease in its retail business to $45.9 million…
Bulgari Macau’s new luxury boutique at the Galaxy features the new architectural design concept developed by Peter Marion. Following the renovation of the Via Condotti flagship in Rome, the new architectural design concept is being rolled out by the LVMH…
Hong Kong retailers wondering where those cashed up, big spending Mainland Chinese tourists have been unzipping their wallets… here is your answer: London. According to the Retail Gazette, spending by Chinese Visa card holders rose 44.5 per cent in the UK in…
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