Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.
Amazon has shocked the online world by announcing a partnership with China archival Tmall. Amazon China will open a store on Tmall, the successful Alibaba subsidiary, in April. It will offer a “select range” of about 500 goods in what it stresses is a pilot…
Fast growing Chinese QSR operator Country Style Cooking Restaurant Chain has reported a decline in same-store sales as it focuses on quality rather than price. Total revenue in 2014 rose 7.5 per cent to RMB1.46 billion ($235.7 million), but comparable sales…
Paris-based fashion brand Isabel Marant will expand across Greater China after entering into a partnership with Lane Crawford subsidiary ImagineX Group. The two companies have entered into an exclusive strategic partnership to develop the Isabel Marant brand…
China’s retail sector is continuing to expand faster than in any other major market in the world – but the growth rate continues to slow. The National Bureau of Statistics said on Wednesday that China retail sales grew 10.7 per cent year on year to 4.8…
Hong Kong based jeweller Chow Tai Fook says sales in its core Hong Kong market plunged 29 per cent over Lunar New Year. However an 11 per cent rise in mainland sales saw its total sales rise nine per cent during Lunar NY 2015 compared with the same season in…
Chinese hypermarket operator Sun Art Retail Group says a move into lower-tier cities is bearing dividends. The group, a joint venture between French retailer Groupe Auchan SA and Taiwan’s Ruentex Group, says its profit rose 4.8 per cent last calendar year.…
Mattress maker Kingsdown has entered into a partnership which will see it open 500 new stores in China over the next five years. Kingsdown already operates more than 90 MySide / Sleep to Live retail outlets in China, through a licensee and franchise network.…
UK department store Marks & Spencer (M&S) will close five stores in Shanghai. But the company says it remains committed to China as a market and will still proceed with opening new stores in Beijing and Guangzhou between now and the end of 2016. “As announced…
Great Britain’s Royal Mail is to open an online store in China to sell British products to Chinese. Royal Mail will launch a shop front on Alibaba’s Tmall, providing Chinese consumers with “increased access to premium, authentic and high quality British…
Cooks Global Foods’ has successfully completed the purchase of the Esquires Coffee Houses master franchise in China. Cooks first signalled the purchase of Beijing Esquires Management Co (Esquires China) in September under an agreement where the Chinese master…
Estée Lauder has revealed its largest store travel retail store yet – at Haitang Bay in Sanya, China. The store, which opened its doors late last year, introduces what the brand describes as “a fresh, dynamic and welcoming environment for shoppers to immerse…
China Jo-Jo Drugstores says its profits soared 19.5 per cent in the December quarter, with same store sales up 24.3 per cent The US-listed, China-based company which retails and wholesales pharmaceutical and health care products through its own online and…
Tesco may well be a recognised brand name globally, but it doesn’t wash with Chinese consumers. Last year, Tesco sold a majority stake in its China retail business to local retailer China Resources Enterprises. This month, China Resources has revealed it is…
Chinese corporates and wealthy consumers are taking gift-giving down a notch this Lunar New Year, opting for iPhones instead of Birkin bags or Louis Vuitton wallets. The annual holiday, which falls on February 19-20 this year, is a time of gift exchange…
Chinese fruit wholesaler and exporter China Fruits Corporation expanded its store network to 64 shops in 2014. The franchised network, built and operated by its subsidiary Taina International Fruits, stood at just 13 at the end of 2013. Now the company is set…
European chain Chic Outlet Shopping Villages believes embracing the Lunar New Year festivities will boost engagement with Chinese tourists. The European-based network, which chose China for its 10th outlet centre and its first outside Europe, will celebrate…
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