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Next month, the renowned American burger establishment, Five Guys, is all set to launch in Beijing. This event signifies the continued expansion of U.S. restaurant brands in China, undeterred by the escalating competition in the market. Five Guys plans to…
Five Guys, an American burger chain, is set to open its first outlet in Beijing in the coming month, joining a surge of American fast-food brands either entering or rapidly expanding within China. This comes on the heels of the establishment of the brand’s…
Beijing Liyuan is said to be planning a sale of its 35% stake in its longstanding cosmetics joint venture with Japanese beauty firm Shiseido. This decision would conclude a partnership that has spanned more than thirty years. According to information…
Nike has broadened its scope in the outdoor performance sector with the inauguration of its maiden All Conditions Gear (ACG) flagship store in Beijing, thereby officially rebranding ACG as an independent entity. The Store at Taikoo Li Sanlitun The ACG Base…
Bacha Coffee, a Moroccan coffee house established in Marrakech in 1910, has further expanded its global footprint with its entry into two new markets, Beijing and Saudi Arabia. This development is a part of the brand’s consistent international growth…
Tiffany & Co, the renowned jewelry company, recently unveiled its newest flagship store in the Taikoo Li Sanlitun district of Beijing. The store’s unique facade, designed to imitate a piece of jewelry, is the handiwork of MVRDV, a noted architecture firm. A…
Performance and lifestyle brand Vuori has announced plans to extend its reach in Asia, with new retail locations set to open in Seoul, South Korea, and Beijing, China, later this year. Vuori’s expansion plans include the launch of a store in Seoul through a…
Chinese e-commerce giant Alibaba is diving headfirst into the metaverse, with plans to unveil a new digital marketplace that promises to change the shopping experience for its users. The ambitious project, called “Metaverse Mall,” aims to create an immersive…
China’s retail sales growth quickened in January-February in a welcome sign for policymakers’ efforts to boost domestic consumption even as joblessness rose and factory output eased, underscoring the strains on an economy facing fresh US tariff pressure.…
A Beijing consumer rights group said on Tuesday it had asked Missfresh to work on plans to refund its customers and explain how it will rectify its business after receiving a number of complaints, adding to pressures facing the Tencent Holdings and Tiger…
GENTLE MONSTER announced the largest flagship store in the world will open on August 4th in Beijing Taikoo Li Sanlitun. “DATAIZED FUTURE” serves as the visual narrative theme for the flagship store. As mankind inhibits a fragmented and dislocated near future,…
Spanish contemporary fashion label Bimba Y Lola is launching in China with a joint venture with ImagineX, Lane Crawford Joyce Group’s distribution and brand management arm. With a corporate office to be set up in Shanghai, the brand aims to establish a retail…
Global apparel retailer UNIQLO today announces that UNIQLO BEIJING SANLITUN Global Flagship Store will open on Saturday, November 6. The company’s third global flagship store to open in Mainland China and the first in Beijing, the new store will engage with…
Ant Group is reportedly in discussions with state-owned enterprises to create a credit scoring firm that houses data collected from its massive user base. The formation of the new entity could see Ant Group cede control over financial data of more than a…
Cryptocurrency miners in China are shifting their operations to other markets abroad following Beijing’s latest crackdown. A committee from China’s State Council announced on Friday that it would crack down on crypto, specifically naming Bitcoin as a major…
Beijing is reportedly investigating how Chinese entrepreneur Jack Ma quickly won approvals for the later pulled listing of Ant Group, in yet another sign that scrutiny of the fintech giant and its founder remains incomplete. China’s central government first…
