China
LVMH's DFS exits Greater China retail amidst CTG Duty-Free takeover
LVMH's DFS exits Greater China retail amidst CTG Duty-Free takeover
The deal includes retail stores and brand intellectual property.
18 hours ago
Tiffany & Co. unveils 'bone cuff'-inspired flagship in Beijing
Four-storey glass fins define the flagship designed by MVRDV
5 days ago
Gen Zs in China retreat from Q4 splurging amidst spending slump
Gen Z splurging slid by 14 points as country’s consumers tighten budgets.
China launches probe into food delivery price wars: report
The country’s regulators see excessive competition that can lead to minimised returns.
IKEA to close 7 China stores despite expansion plans
Weak consumer sentiment a key factor in shutdown.
China retail stays tough as price wars, weak demand persist: report
It reported private brand penetration of 4.4% in China across the four categories studied.
Is China’s FMCG market finally stabilising after the 2024 slump?
Lower-tier cities drive 80% of China FMCG growth.
China’s FMCG market logs 1.3% growth in Q3 on more O2O purchases
Lower-tier cities factored in about 80% in the market expansion in 2025.
L’Oreal takes minority stake in Chinese skincare brand Lan
The investment follows the group’s purchase of a 6.67% stake in Chando for $62m.
What’s driving Chinese brands to double down on Southeast Asia?
Culturally sensitive categories, particularly food and beverages, remain challenging for Chinese entrants.
Starbucks, Boyu Capital form JV to operate China stores
The deal is expected to close in Q2 FY2026, pending regulatory approval.
Smaller cities in China drive consumption for the foodservice sector
The sector’s value jumped to $385b in the first half of the year
Tumi expands flagship stores in Greater China
Another round of flagships is planned for Beijing, Chengdu, and Shenzhen.
JD.com delivers over 30,000 iPhone 17 units within hours of launch
About 10,000 stores supported same-day delivery in 80% of counties.
Yum China to buy back additional $270m in stock
It expects to return around $1.5b to shareholders in 2025.
JD.com expands Ecuadorian rose imports to strengthen supply chain
JD Flowers aims to sell over 100 million flowers by 2025.
China’s Gen Z drives shift to emotional, sustainable spending
This is driving growth for brands like Pop Mart and Lululemon.
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03
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FMCG Asia Awards 2025 Winner: Angela Kuo of DIAGEO Taiwan
Angela Kuo of DIAGEO Taiwan highlights how the Johnnie Walker Blonde launch made whisky more approachable for younger consumers.
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All that glitters: Is luxury losing its shine, or finding a new one in Asia?