Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.
China’s economy has been battered by the fallout from strict COVID-19 curbs including lockdowns and transport restrictions that have kept consumers home, pushed up unemployment, and tangled supply chains. Alibaba has also had to contend with a wide-ranging…
Apple has launched its flagship in Wuhan, its first retail store in China to feature an Apple Pickup area. Apple Wuhan is the 54th Apple store in China, as the tech giant continues to expand its footprint in Asia, especially in Mainland China. The flagship…
E-commerce group JD.com, beat estimates for quarterly revenue as more people shopped on its platform following COVID lockdowns in China, but its CEO was cautious on the outlook due to logistical disruptions and sluggish consumption. The resurgence of COVID-19…
As coffee gradually penetrates Chinese people’s daily life in recent years, some none-catering companies are starting to utilize the potential of this newly booming industry. Sportswear brand Li-Ning bursts into the coffee industry this year with Ning Coffee…
Tesla Inc halted production at its Shanghai plant on Monday due to issues with securing parts for its electric vehicles, two people familiar with the matter said, the latest in a series of difficulties for the factory. Shanghai is in its sixth week of an…
Adidas lowered expectations for 2022 after a first-quarter slump as renewed COVID-19-related lockdowns in Greater China continues to hit the German sportswear company. First-quarter currency-adjusted sales shrank by 3% worldwide, to 5.3 billion euros ($5.58…
Solar panel manufacturer Jinko Solar Vietnam in the northern province of Quang Ninh is looking for 5,000-8,000 workers, with most of them required to have basic Chinese communication skills. So far, less than 1,000 have been hired. “Manufacturing workers,…
The owner of KFC and Pizza Hut said sales plunged by 20% in the first two weeks of March as a surge of new Covid cases spread across China. Yum China said “the situation has rapidly deteriorated” as regional lockdowns have been put in place to stem the…
The boss of Blackmores says the vitamins and supplements giant is not really relying on Chinese “daigou” shoppers anymore as it gains more market share in Indonesia and Thailand, while the huge opportunity of densely-populated India will be a slow burn. After…
China expects to meet charging demand for more than 20 million electric vehicles by the end of 2025, the National Development and Reform Commission said in a document on Friday. Lees ook: Flagship Razer store in Las Vegas opens next month First Hanamaru udon…
Chinese authorities have seized hundreds of counterfeit belts bearing the Salvatore Ferragamo brand with the aid of Amazon’s Counterfeit Crimes Unit (CCU). The belt is one of Ferragamo’s most known accessories – its link-shaped buckle is used by the brand as…
Alibaba’s supermarket chain Freshippo says it is adding more couriers to meet high demand in Shanghai but this was not yet catching up with the rising needs of locked-down residents as the city battles a surge in Covid-19 cases. Shen Li, a vice president at…
Catwalks canceled, showrooms closed, stores shuttered: the pandemic has led to massive disruption across the fashion industry. Even in China, which has coped with the pandemic better than many countries, multi-brand store buyers have been forced to place…
Yum China has just launched KFC’s first Green Pioneer Stores in Beijing and Hangzhou, as it works toward building a network of net-zero restaurants in the future. The move is part of the company’s climate strategy and a roadmap to achieving net-zero by 2050,…
Yum China has appointed Johnson Huang as its first chief customer officer and Warton Wang, who is currently the chief development officer, as GM of KFC. Both roles are effective on May 1. Yum China says creating the chief customer officer position is one of…
Clothing brand Uniqlo’s Japanese owner said on Thursday its China operation would report a large profit decline in the current fiscal year owing to the country’s Covid-19 restrictions. Fast Retailing < is a bellwether for how major global retailers are being…
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