Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.
Playboy is using its massive brand awareness in China to drive an expansion of its apparel range and enter new retail categories. US-based Playboy Enterprises has signed a new 10 year licensing agreement with Handong United to manufacture and distribute an…
Fashion retailer Esprit continues to cull its retail network, but despite reduced sales is confident its turnaround program is on track. In the third quarter to March 31, the Hong Kong-listed company’s turnover fell 25.5 per cent in Hong Kong dollar terms to…
Online retailer Alibaba believes it has found a way to cut the retail prices of wine in China. Using its business to business website 1688.com Alibaba has commenced selling wine direct to retailers, short-circuiting a raft of middlemen currently adding…
Chinese buyers are circling high profile UK fashion brand New Look. UK news media are reporting negotiations are underway between a business linked with former Tesco CEO turned retail investor Sir Terry Leahy and a Chinese private equity group. The plan is to…
Official Hong Kong retail sales figures for March show a 2.9 per cent year-on-year fall, blamed on shrinking in-bound tourist numbers. According to data released by the Census and Statistics Department the fall follows a two per cent drop in January and…
Chinese herbal medicine retailer Eu Yan Sang has repoted a 38 per cent drop in profit on stable revenues in the first quarter of its current financial year. Eu Yan Sang posted a net profit of S$5.45 million on sales of $110 million. Improved sales in…
Chinese hypermarket operator Sun Art Retail Group has bought a controlling interest in Fields Hong Kong, an online retailer of fresh foods and produce. No price was disclosed for the 54 per cent stake. Fields Hong Kong was established to provide an…
Kingold Jewelry, one of China’s leading manufacturers and designers of gold jewellery, ornaments and investment-oriented products, has launched an online retail flagship store on Tmall.com. Nasdaq-listed Kingold expects to leverage the Chinese eCommerce…
JD.com Inc, China’s No.2 e-commerce company, reported a 62 percent rise in quarterly revenue, topping analysts’ expectation as the number of active customer accounts across its sites nearly doubled from a year earlier. First-quarter revenue of 36.6 billion…
China’s e-commerce giant Alibaba Group on Thursday named Daniel Zhang, currently Chief Operating Officer, CEO of the group, effective on 10 May 2015. Current CEO Jonathan Lu will remain on the board of directors of Alibaba Group as Vice Chairman. He will work…
Magento, an e-commerce platform owned by eBay’s Enterprise division, on Thursday stated it has partnered with Razorfish in Larger China to function a gateway for retailer progress within the booming Asia-Pacific market. As a part of the brand new partnership,…
After Alibaba Group raised a document $US25 billion ($31 billion) final yr, founder Jack Ma stated the Chinese language e-commerce firm confronted the hazard of excessive expectations. He is perhaps proper. About $US70 billion of market worth has evaporated…
Employers on China’s mainland have been much less lively in hiring employees within the first quarter, recruitment consultancy Robert Walters stated in a report yesterday. The variety of job ads within the mainland print media and main on-line job boards…
From quick meals to smartphones, from luxurious items to groceries, the best way China outlets — and what mainland consumers need to purchase — is altering quickly. The modifications are leaving overseas grocery store and hypermarket chains struggling to…
Chinese cities account for half of the top 20 most active shopping center markets globally with a total of 5.7 million square meters of shopping center space completed last year, an industry report released today by CBRE has showed. Wuhan in central Hubei…
Chinese audio and infotainment company Harman International opened its flagship store on 23 April at the TCL Tower in High-tech Industrial Park of Shenzhen. Its sister store, the TCL O2O flagship store was also set up the same day. TCL Corporation’s Chairman…
Weekly Briefing
Tuesday, Thursday and a Saturday Weekly Wrap: the retail stories, numbers and moves that mattered across Asia. Nothing else, and you can unsubscribe in one click.
Read by retail operators, investors and brand teams across Asia.