China

Luxury market’s last quarter growth hinges on China’s reopening

It will also be boosted by consumer confidence in Europe and America.

Luxury market’s last quarter growth hinges on China’s reopening

It will also be boosted by consumer confidence in Europe and America.

China's retailers must shift to sustainable operations: report

Improving shopper loyalty is expected to be critical as consumers spend less.

Strong local consumption buoys Guangzhou's retail sector

The food and beverage sector in the Chinese city was relatively active in Q3.

Shein reduces water use in new printing technology

It also accelerates the efficiency of printing. 

Luk Fook Group’s net profit inches up by 0.6% 

The company’s net profit stood at HK$658m in the six months ending in September.

Starbucks China RTD’s TikTok dominance in brand storytelling

The campaign earned them a win at the 2022 FMCG Asia Awards.

Alibaba launches sustainable packaging campaign with Shiseido

They offered products in refillable containers as rewards.

Jumpstarting days with a bottled Frappuccino oat latte

Starbucks China wins at the FMCG Asia Awards 2022.

Alibaba Group records $3.2b net loss in September 2022 quarter

Its revenue increased by 3% YoY to around $29.1b.

Cainiao revenue up 26% YoY to $2.57b in Q2 FY23

Over 70% of its revenue was from external customers.

Consumer spending in China to see ‘steady growth’

Spending is projected to grow by 6.5%YoY in 2023. 

Could Louis Vuitton be transitioning from luxury to lifestyle?

The brand recently opened its first restaurant “The Hall by Lousi Vuitton.”

What retailers in China could gain on Singles Day

Increased competition is, however, expected with several other retail festivals and shopping events.

Economic concerns weigh on Shanghai's retail property recovery

Retail sales fell 12% in the first eight months of 2022.