Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.
A Chinese joint venture of U.S.-based J.R. Simplot, which supplies frozen french fries to McDonald’s, was fined 3.92 million yuan ($632,370) on Wednesday by the Beijing city government for water pollution, the official Xinhua news agency reported. The Beijing…
China’s government says it will cut tariffs on consumer goods in a bid to get local Chinese to spend more in the mainland. The move may well prove an additional blow to Hong Kong’s retail sector already reeling from reduced spending by mainland visitors.…
Alibaba’s Tmall Global is to launching a prepaid duty-free service for Chinese travellers going abroad in the hopes of boosting international eCommerce opportunities. Under the World Duty Free service, Chinese travellers can buy prepaid cards online before…
Apple’s China sales revenue soared 71 per cent to US$16.8 billion in the first three months of this year, putting Greater China ahead of Europe as the tech giant’s second largest market. It was the main driver of a sharp 33 per cent increase year-on-year in…
China deserves to remain on retailers’ radar says a new report from JLL. “China remains a compelling market for global retailers and continues to offer a plethora of untapped opportunities, despite a recent moderation of its GDP growth says Tom Gaffney,…
London label Joseph fashion will launch in Beijing later this month, the first step in a Greater China roll-out. While based in Great Britain, Joseph is owned by Japan’s Onward Kashiyama group, which bought the business in 2005. The brand’s founder Joseph…
Benoy has been chosen to design two further International Finance Square (IFS) malls being developed by Hong Kong property company The Wharf Holdings (Wharf). Wharf has appointed Benoy for master planning, retail architecture, interior and graphic design for…
The world’s biggest retailer Wal-Mart Stores believes the best way to achieve profitability in China is to open more stores and lure more customers. Walmart China will expand its store network by almost a third between now and 2017 according to CEO Doug…
UK department store retailer House of Fraser has confirmed it will open three stores in China. The first will be in Nanjing, the home of House of Fraser’s Chinese owners Sanpower after its £489 million buyout of 89 per cent last September. The second store…
Falling sales by Gucci China have been blamed for a higher than expected drop in Gucci parent Kering’s first quarter global sales. Sales at Gucci’s own 502 retail stores fell four per cent in the quarter and overall sales, on alike-for-like basis, fell eight…
China’s e-commerce giant, Alibaba Group, has been fined CNY800,000 (USD129,000) by the price bureau in eastern Zhejiang province for violations by third-party sellers during promotions on its e-commerce platforms. Since Alibaba turned “Singles’ Day”, a…
Japanese eCommerce titan Rakuten has taken a stake in Chinese online shopping discounts site Fanli. The stake, less than 10 per cent, comes in the form of an undisclosed amount of series C funding into the start-up. The announcement states that Fanli is now…
Southeast Asia’s leading ecommerce player Lazada is offering Hong Kong and China-based brands and merchants the opportunity to expand their businesses to the fast-growing region. Launched in the first quarter of 2012, Lazada Group operates Lazada, the leading…
JD.com, China’s online direct sales company, has unveiled JD Worldwide, its new cross-border eCommerce platform. JD Worldwide provides Chinese consumers with the most convenient way to purchase authentic imported products, including many not previously…
Inditex has launched another of its brands in China online. The Spanish apparel maker has opened a Stradivarius China storefront on Tmall, the largest online sale platform in China. After launching in China in 2010, the junior cousin of Zara has built a…
Merlin Entertainments will open its first Legoland in China at Parkside Plaza shopping centre in Shanghai. Plans and designs are already in place for the 3000 sqm attraction and construction of Legoland Shanghai will start soon, with its opening scheduled for…
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