Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.
French division retailer retailer Galeries Lafayette has opened its first Lafayette Gourmand China meals retailer – in Beijing. Lafayette Gourmand is actually a luxurious meals corridor serving meals to eat on website or take house. The flagship has a grocery…
Homelegance China plans to confide in 30 shops a yr because the US model builds its Chinese language model consciousness. The corporate opened its first China retailer within the metropolis of Tianjin in Might and by the top of August may have six shops…
Listed retailer Oriental Watch Holdings says its net profit fell 78 per cent in the year to March. The company, which had issued a profit warning earlier in the year, has been hit by the slump in demand for luxury watches from mainland Chinese, in turn a…
Global consumer processed goods (CPG) behemoth Unilever is set to combat the slowdown in China head-on by strengthening its presence in the online market. The company announced last week that it will open a store on JD Worldwide, the cross-border platform of…
Global exporter Li & Fung Ltd has formed a joint venture with two Chinese department store operators, with the aim of setting up as many as 300 stores and developing its own private labels, the Hong Kong firm said on Tuesday. The firm will own 20 percent of…
China is the scene of a growing rivalry: In one corner is billionaire Jack Ma’s Alibaba Group Holding Ltd., which holds the title as the country’s biggest online retailer. In the other are China’s biggest banks. This week, Alibaba is launching MYbank, an…
LT Business Actual Property is in search of tenants for the buying malls of its large-scale business and residential complicated venture, Tangshan Lerthai Metropolis, within the Chinese language mainland metropolis of Tangshan. The Hong Kong based mostly…
Magnificence merchandise retailer Sa Sa is to simply accept Tencent’s WeChat funds in 100 Hong Kong shops. Sa Sa thus turns into the primary international retail companion of tencent’s new offline WeChat-based cross-border cost service, TenPay. WeChat’s…
Hong Kong listed attire retailer Dickson Ideas says it won’t be renewing its licence to promote the US menswear model Brooks Brothers. Dickson, which has the licence for Hong Kong, Macau, China and “different designated territories in Asia” says the choice…
Chinese language on-line style retailer Sheinside admits its change of brand name identify to SheIn has drawn controversy within the on-line world. Sheinside lately adopted She In Shine Out as its new slogan, and dropped ‘aspect’, from the top of its web site…
The brand new Qingdao MixC Mall simply accomplished, is described as probably the most vital retail scheme but for proprietor China Assets Land. Occupying an space of 450,000 sqm, Qingdao’s MixC Mall is the most important of its type in China, establishing an…
Smartphone maker Huawei says its determination to concentrate on Southeast Asia is already bearing fruit. With the profitable Southeast Asia regional launch of the Huawei P8 and wearable units in Bangkok Thailand in late Might, Huawei is retaining the…
A yr on from shopping for Hearts on Hearth, Hong Kong headquartered jeweller Chow Tai Fook stays bullish concerning the model’s prospects in Mainland China, regardless of the static jewelry market. Chow Tai Fook has three standalone shops in China and, one…
Hong Kong’s Jardine Restaurant Group has gained the rights for Pizza Hut Myanmar and can open the primary restaurant there in November. Jardine opens greater than 600 Yum! Manufacturers franchises – Pizza Hut and KFC eating places in Hong Kong, Taiwan,…
McArthurGlen Designer Retailers has been awarded the ‘Greatest Abroad Purchasing Centre of the Yr’ award by China’s main journey commerce publication Journey Weekly China. McArthurGlen was nominated by a panel of professional journey business judges in March…
Common excessive road trend model H&M opened its first retailer in Macao at Shoppes at Venetian on Saturday, including to the mall’s present providing of over 350 worldwide manufacturers. Overlaying an space of 19,000 sq. ft, the retail area is unfold over…
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