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Italian fashion concept store 10 Corso Como is withdrawing from China. The firm’s Shanghai retail outlet, which has been open since 2013, will be shuttered late this month in the absence of interest in a license and lease renewal from its local partner Trendy…
Chinese beverage and baked-goods retailer Urban Tea says it plans expansion from the middle of this year. The company will expand its network to 28 stores initially, through a combination of franchise partnerships and opening its own stores, with plans to…
C-star – the China spin-off of the world’s largest retail show, the triennial EuroShop in Germany – is underway in Shanghai this week. This year’s event, the fifth, features a record 138 exhibitors at the Shanghai New International Expo Centre in Pudong, with…
The City of Shanghai has launched 5G trials in the Hongkou district, which also has the distinction of having a gigabit broadband network. The 5G trial, backed by China Mobile, involves providing full coverage of the district. During a commencement ceremony…
Fat Brands China has announced the development of six new co-branded Fatburger and Buffalo’s Express restaurants throughout Shanghai with Bloomfield. The new locations will build on Fat’s existing presence in China, where the company currently operates…
Shanghai La Chapelle Fashion warns it will report an operating loss for last year, for the first time in its trading history. In an update to a profit warning issued last December, the company says total revenue dropped by about 2.5 per cent last year and…
Karma Automotive is prepping three vehicles — a concept car developed with Italian design house Pininfarina, the next-generation Revero electric car and the Karma Vision concept – that it hopes will propel the brand in a new direction. They will debut next…
China’s retailer and catering enterprises earned over 1 trillion yuan ($148.3 billion) during the Lunar New Year holiday, defying an economic slump to rise 8.5% from last year, the country’s commerce ministry said late on Sunday. The increase was down to the…
Luxury fashion is all about breaking codes, creating a new, irresistible message that captivates consumers. But some of the globe’s top brands have raised eyebrows with designs that have seemingly racist undertones. The latest instance of that was Italian…
Spanish bridalwear firm Pronovias has launched its first Chinese location in Shanghai. The 500sqm store is opening in luxury shopping centre Plaza 66, which hosts a range of high-end brands including Chanel and Dior. The move sparks off a greater strategy for…
Chinese mall operator Bailian is merging two disused department stores on Shanghai’s Huaihai Road in partnership with urban renewal firm URF to create Theatre X. The two malls on the city’s prime retail street were formerly trendy shopping destinations.…
Swire Properties and Lujiazui Group officially announced the naming of their joint-venture retail project as “Taikoo Li Qiantan”. Located in the heart of the Pudong Qiantan International Business District, this project embodies Swire Properties’ “Taikoo Li”…
Swedish-Chinese firm MobyMart is expanding its automated store format in China in collaboration with Shanghai fruit retailer Taoyuanming. Two stores are operating, one in Hefei and one outside Shanghai. While expansion in the region is the firm’s priority…
SimplyBrand, the world’s first blockchain-based e-commerce verification platform, launched a token pre-sale this week with strategic partner Cobinhood, a cryptocurrency service platform. By integrating blockchain, AI and crowdsourcing, SimplyBrand aims to end…
CapitaLand has formed a 50:50 joint venture with an unrelated third party to acquire approximately 70% of Pufa Tower in Shanghai, China, for RMB2,752 million (about S$546.3 million). The operational office property has been identified as a seed asset for a…
Shanghai Tang, recently acquired by Chinese entrepreneur Chen Danxia and Lunar Capital, goes back to its roots with the appointment of Victoria Tang-Owen, the daughter of the visionary founder David Tang, as Creative Director. Together with the appointment of…
