Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.
Just five days before the official inauguration of President Joe Biden, the Trump administration is making a late push to ban more Chinese companies deemed risky, including smartphone maker Xiaomi and state-owned oil firm CNOOC. Xiaomi was one of nine firms…
Even though President Donald Trump will be leaving the White House this coming Wednesday, he took the time to spank the Chinese phone and networking equipment manufacturer Huawei one last time. In May 2019, Trump cited security issues for his decision to put…
Kerry Logistics Network Limited (‘Kerry Logistics Network’; Stock Code 0636.HK) has opened a logistics centre in the Cangzhou Lingang Economic and Technological Development Zone in Hebei province, China under Kerry IMS Chemical Logistics to capture the market…
HSBC furthers its expansion in mainland China with the latest launch of a fintech subsidiary based in Shanghai. The British lender announces the opening of the HSBC Fintech Services (Shanghai) Company Limited, according to a media statement, with an eye to…
Chinese milk-tea brand Heytea has launched a retail concept resembling a convenience store in Singapore. The store, which is also the brand’s first outlet in the city’s south, is located at VivoCity and features bright orange and grey striped frontage,…
Tesla Inc is searching for a design director in China, part of efforts to open a “full-function” studio in Shanghai or Beijing and design electric cars tailored to Chinese consumer tastes, according to three people with knowledge of the matter. The U.S.…
As the largest market in the world, China has a lot of potentials to offer for enterprises and brands to expand their businesses. Knowing the market will help you to better understand the consumer’s needs and to adjust your promotion accordingly. Unique…
U.S. jeweler Tiffany & Co said it reported record sales for the 2020 holiday period as consumers stuck at home shopped more online and shoppers in China spent more on jewelry. The company, which will soon be bought by France’s LVMH , said its overall…
Ant Group’s Alipay, Tencent Holdings’ QQ Wallet and WeChat pay are among the apps banned by executive order. Tensions between Washington and Beijing are set to rise with the latest executive order from U.S. President Donald Trump, which bans transactions with…
Once the poster boy for a new generation of multi-billionaire Chinese business and tech leaders, Alibaba founder Jack Ma’s fortunes have taken a serious dip in the last three months. Since a controversial speech in China in October 2020, where he lamented the…
Set to open on December 18 in Shanghai’s Reel Department Store, the new 160sq m boutique is the brand’s first store in China with the new store concept. Founded in 1988 and headquartered in Paris, French luxury fashion house Maison Margiela produces both…
Local apparel retailer Bauhaus International (0483) has revealed an intention to close all its retail stores outside Hong Kong and Macau by the end of March. The group’s loss outside Hong Kong and Macau expanded more than 13 times to HK$78.4 million in 2019…
Shoppers washed their hands and sterilized their smartphones in the streets of Tokyo’s posh Ginza district on Saturday using handwashing stations that a Japanese start-up hopes will revolutionize access to clean water and better hygiene. WOTA Corp set up 20…
The global pandemic led Kontoor Brands to delay its initial plans to launch Wrangler in China earlier this year, but the day has finally come for the heritage brand. Kontoor announced Thursday that it has expanded Wrangler’s international reach to China by…
Growth for the mainland Chinese luxury market is expected to climb by 48 percent to reach almost 346 billion yuan (around $52 billion) by the end of the year, according to Bain’s annual China luxury report released today in partnership with Tmall Luxury…
AliExpress is Alibaba’s cross-border e-commerce platform, which facilitates trade and brings sellers and buyers together. AliExpress does not sell directly, but provides a platform for safe transactions between sellers and buyers. AliExpress was founded in…
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