Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.
A collection of things are converging to create international alternatives for Transit Oriented Developments (TODs) which might be metropolis altering in scale based on a brand new report from CBRE. Transit oriented improvement includes larger density,…
Guangzhou has taken the lead in a pilot cross-border purchasing eCommerce scheme, offering each challenges and large alternatives for Hong Kong companies. Cross-border on-line purchasing is more and more in style on the Chinese language mainland. Generally…
Esprit has issued a surprise profit warning to investors saying it expects a “substantial loss” in the full year to June 30. The warning is a surprise, because just 11 days earlier the Hong Kong-listed fashion retailer said its turnaround program was “on…
Metro China has upgraded its eCommerce platform metromall.cn, which it says integrates online, offline and mobile channels for “a seamless customer experience”. “eCommerce is one of our strategic channels to drive for growth in China market,” said Jeroen de…
Chinese online discount retailer Vip shop Holdings says it doubled its net revenue in the first quarter. The cmpany says a 75 per cent year-on-year increase in customers helped it achieve net revenue of RMB8.6 billion (US$1.4 billion). Some 12.9 million…
Korean cosmetics products are expanding their presence in China on the back of the ‘Korean Wave’. Korea is the second biggest source of cosmetics sold in Asia’s second-largest, but fastest growing beauty market, according to data out this week. Out of $686.2…
Xiu.com, an online China luxury goods mall, has raised another US$30 million in funding, according to 36kr. The investment was led by Jardine’s, followed by KPCB China and others. Founded in 2008, Xiu specialises in high-end clothing, footwear, bags,…
New Zealand-listed Cooks International Meals has signed a three way partnership settlement with Shenzhen-listed retail and property big BuBuGao Group to develop 30 Esquires Espresso shops in Hunan by 2020. The three way partnership cements China’s place as…
Hong Kong jeweller Chow Tai Fook is flexing its muscle in a softening retail rental market, in search of lease cuts of as much as 20 per cent. The listed firm says some 30 leases throughout the territory will come up for renewal later this yr and the…
Travellers flying out of Kempegowda Worldwide Airport in Bengaluru, India might be handled to a stroll of nostalgia and wealthy South Indian custom in Nuance’s new Obligation Free Retailer on the departure lounge. Nuance India has opened a 900 sqm purchasing…
China retail gross sales progress is strongest in rural areas, with city space progress persevering with to say no. China’s Nationwide Bureau of Statistics introduced Wednesday that retail gross sales general grew 10 per cent in April, year-on-year, to 2.24…
China is certainly one of international luxurious cosmetics enterprise Estee Lauder’s strongest markets, with internet gross sales up 14 per cent final quarter and a lot of the firm’s manufacturers displaying double digit progress. Apart from the model which…
Prada China has opened a brand new retailer in Wuhan, inside the distinguished Worldwide Plaza purchasing centre. The 2-level, 950 sqm retailer area, designed by architect Roberto Baciocchi, homes the ladies’s and males’s ready-to-wear, leather-based items,…
US leisure icon Walt Disney will open the world’s largest Disney retail retailer in China subsequent week. The 5000 sqm Disney Retailer Lujiazui is described as a “state-of-the-art” retail area that includes Disney merchandise.. However only one fifth of the…
Shenzhen-based telecommunications company Huawei has transformed itself into an information and communication technology giant, and now intends to boost its business in Indonesia’s government sector by helping to build smart cities, with services for industry…
Evergreen International has secured brand rights to greater China for a portfolio of high profile childresnwear brands. Until now, a specialist in menswear, Evergreen targets the upper-middle and high-end segments of mainland China’s market. Now the group has…
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