Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.
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…
Taking pride of place in 28-year-old Beijing lawyer Wu Ge’s bedroom are dozens of small figurines displayed on clear plastic shelves with designs ranging from cherubic dolls to characters from Japan’s Pokemon series. Wu estimates that she has spent over 5,000…
Volkswagen AG is launching another sales model in China that will see the automaker open showrooms in city centres for electric vehicles (EV) and offer fixed prices. The move marks a departure from the conventional sales system used by the wider industry in…
Chinese e-commerce firm JD.com said it has become the first online platform to accept the country’s digital currency. The announcement on Saturday comes as part of another real-world major trial for the digital yuan in Suzhou, a city that’s about 65 miles…
Fashion brand Dunhill introduces Chinese actor Yang Yang as their newest Global Brand Ambassador. Yang and Dunhill’s creative director Mark Weston first meet at brand’s Fall Winter 2020.21 show in Paris. Chinese actor will represent Dunhill at this year’s GQ…
The brand has held a Royal Warrant with Prince Charles since 1989 and was recently visited by the Prince of Wales to celebrate its 190th anniversary with a commemorative plaque. It manufactures its leather shoes and boots in a factory in Northampton, a town…
Tesla Inc has obtained permission to start selling its Shanghai-made Model Y sports utility vehicle in China. The Ministry of Industry and Information Technology published the approval on its website on Monday. Tesla, now sells its Model 3 electric cars in…
Tiffany & Co, which is being bought by French luxury giant LVMH, beat Wall Street expectations for quarterly profit on Tuesday as the U.S. jeweler benefited from an over 70% rise in sales in China and a recovery in demand at home. The results bode well for…
China’s move to draft rules aimed at preventing monopolistic behavior by Internet platforms is “timely and necessary”, Alibaba Group CEO Daniel Zhang said on Monday (Nov 23). Speaking at the World Internet Conference, Zhang said Chinese Internet companies…
This might not come as a surprise to some people living in China, or to those who make a living by following the goings on of the wireless world, but there is a good case for calling Huawei the most innovative outfit in this realm. The company’s Mate series…
Electric vehicle startup Rivian, which is backed by Amazon and Ford Motor Co, on Wednesday said it plans to follow up its first two products, a full-size pickup and SUV, with smaller models targeted at China and Europe where it may eventually build some…
Chinese e-commerce company JD.com Inc posted a better-than-expected quarterly profit on Monday as online sales remained strong even after coronavirus-led restrictions were lifted in the world’s second-largest economy. The Beijing-based company, which recorded…
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