Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.
Kate Spade is to buy out its Chinese joint venture partner in favour of a new partnership with Lane Crawford Group. Walton Brown, the brand wholesaling and retailing subsidiary of Hong Kong-based department store operator Lane Crawford, will team with Kate…
Malaysia’s Parkson has entered into a joint venture to develop a food retailing business in China as it transforms its department store portfolio into lifestyle centres. The company’s wholly-owned subsidiary Grand Parkson has teamed with fellow Malaysian…
Chinese e-commerce giant Alibaba will take a majority stake in AdChina, which calls itself China’s leading digital marketing platform, to develop online and mobile marketing, the internet powerhouse says. Alibaba had made a strategic investment in AdChina, it…
Apple is expected to say this week that it has sold more iPhones in China than on its home turf in the US for the first time last year, highlighting the shifting power balance of the smartphone market. Analysts estimate that the US tech group reached the…
Wedgwood, one of the world’s best known china brands, is now betting big on China. As news broke that Wedgwood’s parent company WWRD was being put on the market by its private equity owners, it emerged that the business is planning a “major” retail expansion…
China’s urban consumers, prodded perhaps by a series of food-safety scandals, are becoming much more picky about what they eat. They are increasingly willing to pay a premium for imported products and are being drawn in larger numbers to retailers that…
Alibaba and Tencent spent more than USD8 billion last year alone backing often strikingly similar ventures, as the Chinese Internet giants race to create online one-stop-shops to win the digital loyalty of a tenth of the world’s population. Before China…
China remained the world’s largest consumer of luxury products last year even though domestic sales fell for the first time due to the government’s anti-corruption campaign and increased spending overseas. Chinese spending on luxury goods increased 9 percent…
Apple is continuing its aggressive retail expansion into the Middle Kingdom, with plans to open 5 new Apple stores in China in the early days of 2015. Prior to Spring Festival, the company has reportedly said it will open 5 new retail shops, including the new…
A latest survey showed that wearable devices will become more popular in the Chinese market in the next five years. For wearable health devices, 39 percent of respondents worldwide plan to buy one by 2020, but 65 percent of Chinese consumers surveyed already…
China Post has said reports that thousands of parcels from overseas have been languishing at a Shanghai port for months because it owes millions of yuan in port fees are “partly untrue.” This follows online claims that 200 containers mostly containing haitao…
The Chinese luxury market has gone through changes in 2014 driven by changes in consumer behavior and the government crackdown. What can we expect in 2015? The recent Ruder Finn and Ipsos’s China Luxury Forecast survey provides a glimpse into what we can…
Singapore-listed Sheng Siong Group has signed a conditional joint-venture (JV) agreement with Kunming LuChen Group Co Ltd to operate supermarkets in China. Under the conditional agreement, the proposed JV company will be incorporated under the laws of China…
French car giant Peugeot has agreed a new joint venture to manufacture light commercial vehicles and cars in China. Peugeot has signed an initial agreement with domestic carmaker China Changan Automotive Group. If it goes ahead, the deal will give Peugeot a…
China’s JD.com Inc has partnered Gap Inc to sell the US clothing retailer’s apparel online in China, as the Beijing-based e-commerce company goes head to head with Alibaba Group Holding Ltd to woo big foreign fashion names. Alibaba and JD.com, China’s number…
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