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Chinese O2O retailer Suning plans to open 10,000 new stores next year, capitalizing on ‘consumption upgrade’ in China. Founder and chairman Zhang Jindong said the company will invest 40 billion RMB (US$5.7 billion) to support its expansion spree, estimated to…
O2O fashion brand Pomelo has launched its first cosmetics line, Beet, solidifying its identity as a one-stop lifestyle brand. Created with women on-the-go in mind, Beet comprises 17 products across four categories – Liquid Blush, Liquid Lipstick, Lip Gloss…
Three collections of Pomelo Purpose sustainable clothing will be launched this year. Pomelo, the O2O fashion brand, says all pieces in the collections will be made entirely from ethically sourced fabrics, including organic cotton from the Better Cotton…
A part of Dubai-based retail and hospitality conglomerate Landmark Group, Lifestyle has been enhancing its Omnichannel experience for its customers at a very fast pace in the recent years. With 75 stores at present, Lifestyle is now also available online…
Chinese consumers are quickly adapting to buying groceries online for immediate delivery from local offline stores, according to a new joint study conducted by JD, Walmart, Tencent and JD Daojia. In China, where over 15% of consumption takes place online,…
The retail sector in India has been evolving at a swift pace. Rapid urbanisation and digitisation, rising disposable incomes and lifestyle changes – of particularly the middle-class – are major contributors to the revolution of the retail industry. In a…
Luxury consignment retailer The RealReal has opened a brick-and-mortar concept store on the US West Coast. The 12,000sqft Los Angeles store encompasses The RealReal’s entire brand offering, from one-of-a-kind luxury goods through to accepting consignment…
SK Telecom has signed a memorandum of understanding (MOU) with Bluebell Korea to cooperate on bringing cutting-edge ICT to the luxury retail industry. Bluebell Group is a leading operator of luxury brands in Asia, which also specializes in consulting, and has…
On January 13, HEMA Fresh, a start-up O2O fresh produce retailer, launched its seventh store in Shanghai, one week after its sixth store was opened for business in the city. Emerged in early 2016 and quickly captured a lot of attention in China’s retail…
eBay Korea has joined forces with nationwide convenience store chain GS25 to offer consumers a combined online-offline sales service. The partnership will see the launch of the “Smile Box” service, in which deliveries are made to an unmanned box for…
With the largest population and the most Internet users of any country in the world and the rise of its middle class, it is not surprising that China is also the world’s largest and fastest-growing e-commerce market. However, capitalizing on this huge market…
Local credit card companies are launching offline-to-online (O2O) service businesses by collaborating with various sectors to increase transaction fee income. KB Kookmin Card reached an agreement with Uber Korea on Monday to jointly develop card products and…
Ikea’s first pick-up and order point in China is currently being built in Wenzhou and is expected to officially open at the beginning of this summer. Ikea PUP store is a new model established by the company in 2015. With an area of about 1,800 square meters,…
Kakao, the Korean internet pioneer, has selected ‘Hair Shop’ as its first O2O (online to offline) business in the beauty sector. Kakao plans to expand its O2O business by releasing new services – relief drivers and the hair industry. According to industry…
A slowdown in mainland tourist inflow has prompted Hong Kong’s retailers to step up efforts to attract those who are still making their way to the city. To grab the attention of the visitors, shops and other tourism-dependent entities are launching new…
Given the burden of rent in Hong Kong, most local retailers take their business online to skirt the financial and logistical hassle. But Hong Kong startup PopScout is taking away the headache that comes with brick-and-mortar locations. This online marketplace…
