China

LVMH extends partnership with Alibaba to boost omnichannel presence in China

Alibaba Cloud's AI capabilities will be integrated to develop new applications and services for LVMH's global consumers.
5 days ago

LVMH extends partnership with Alibaba to boost omnichannel presence in China

Alibaba Cloud's AI capabilities will be integrated to develop new applications and services for LVMH's global consumers.
5 days ago

JD.com launches enhanced JD NOW on-demand retail service

It promises rapid delivery of premium products from over 500,000 stores to 2,300 locations in China.
5 days ago

Why China's luxury consumption is slowing down

Factors include a shift from overseas to domestic spending, consumption moderation, and the return of outbound tourism.

What fuels China's digital economy surge

Rising incomes have led to higher consumer demand for seamless shopping experiences.

JD.com launches ‘Trade-in Alliance for Household Appliances and Home Goods’

The move aims to expand and enhance trade-in services across China.

Sephora launches DRUNK ELEPHANT in Mainland China

It is now accessible in Sephora stores located in major cities such as Beijing, Shanghai, Guangzhou, and Chengdu.

MINISO enhances employee welfare and environmental initiatives in 2023

Women hold 61.8% of senior management positions in China.

JD.com targets doubling high-performing merchants for 618 Grand Promotion

It plans to optimize traffic by prioritizing top-rated stores and competitive products in search and recommendations. 

China's F&B sector growth to slow on back of soft economy

Despite the anticipated slowdown, the F&B sector continues to exhibit robust growth.

Yum China aims to open 20,000 stores by 2026

It also plans to return at least $3b to shareholders from 2024 to 2026 through dividends and share repurchases.

JD.com invests $132.2m into video content creation

It aims to attract more creators and institutions to the platform.

AS Watson names Malina Ngai as Group CEO

She will now lead in defining the company's vision and formulating strategies to prioritise customer satisfaction and global growth.

JD.com and Lenovo partner to drive AI integration in PC market

It is expected to accelerate the adoption of AI PCs and expand smart device usage in homes.

Consumer sentiment dampens retail in China

Economy, prices, and job security are causing Chinese consumers to cut back on spending, particularly on price-sensitive items.

Chinese consumers prioritise entertainment and relaxation in retail choices: report

The nation’s retail sector witnessed a robust recovery in tourism, film attendance, and the performing arts in 2023.

Luxury brands lead ESG push in China's retail sector

They accounted for 66% of all LEED-certified retail spaces in 2023.