China
China’s FMCG retailers must compete amidst growing digitization: Bain
Retailers must focus on categories that continue to have low online penetration.
China’s FMCG retailers must compete amidst growing digitization: Bain
Retailers must focus on categories that continue to have low online penetration.
How Western brands can earn Chinese shoppers’ trust
Around seven in 10 said it is through information in the flagship stores.
Tmall Global emerges as Chinese shoppers’ favourite platform
It is followed by JD.com Global and Amazon.cn.
Around 67% of Chinese consumers to shop more online: report
Online spending in the market will likely rise substantially in the next 12 months.
JD618 Grand Promotion sees RMB379b transaction volume: JD
This exceeded last year’s transaction volume.
China’s luxury market suffers from spending crunch amidst strict COVID measures
Despite this, consumer appetite remains strong.
Mytheresa picks Steven Xu as president in China and APAC
He previously served as an executive for Ralph Lauren.
Alibaba’s Tmall launches childcare consulting service
The service came in a tie-up with over 200 product specialists and 50 brands.
Intime’s Hangzhou store offers free rides to customers
The service does not require minimum purchases from shoppers.
Alibaba’s Intime ties up with 16 brands for recycling initiative
Around 60 recycling stations will accept used clothing for recycling.
China’s 618 shopping festival to dictate retail sector’s fortunes: report
Businesses are counting on the festival to invigorate the sector.
Two beauty brands join JD’s online platform
Armani Beauty and La Mer are bringing over 200 new products on the platform.
Alibaba’s Ele.me to roll out $75m subsidies to consumers, merchants
The company also set aside $10m in benefits for its employees.
Alibaba Group 2022 net income drops nearly 60% to US$9.77b
The Group linked this to decreases in market prices of its equity investments.
Jo Malone London launches flagship store on JD
The UK-based brand offers perfumes and various fragrance products.
The J Shop opens 4 pilot physical stores in Chinese cities
Three of the stores were jointly developed with Italian luxury retailer COSCIA.
Taobao launches AI sign language translation
The company seeks to involve and engage more deaf customers.
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EY’s Olivier Gergele highlights how retailers can navigate and thrive in today’s complex landscape and evolving consumer preferences
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By implementing a sound omnichannel strategy, prioritising the consumer experience and adapting to changing trends, retailers can differentiate their value proposition.
By implementing a sound omnichannel strategy, prioritising the consumer experience and adapting to changing trends, retailers can differentiate their value proposition.
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1. Here are key consumer trends influencing pet care sales in 2024 2. South Korea’s Paris Baguette opens first Philippine store 3. ZALORA ramps up sustainability amidst rising demand for eco-products 4. Alternative payments dominate Hong Kong's e-commerce in 2023 5. MINISO enhances employee welfare and environmental initiatives in 2023Awards
Jun
11