China
Dufry signs as master concessionaire at Wuhan Tianhe Airport
Dufry signs as master concessionaire at Wuhan Tianhe Airport
The Swiss-based retailer has recently merged with global catering leader Autogrill.
SHEIN buys UK-based retailer Missguided
Missguided products will become available on all SHEIN sites and platforms.
JD.com sees above ¥100m sales in first 5 minutes of ¥10b-discount programme
Its sales and user order volume were four times higher than 2022’s figures.
InCity Chongqing opens in city’s tallest tower
The retail mall is home to over 200 brands.
L’Oréal invests in China-based biotech company
This partnership will allow L’Oréal to solve the incompatibility and instability of raw materials.
JD.com launches Green Impact Partners Alliance
Its inaugural partners include FMCG brands Breeze, OMO, and BABO.
DFS to open 7-star luxury retail, entertainment destination in China
It is projected to see around 16 million visitors per year by 2030.
Starbucks China promotes COO to executive vice president, co-CEO
Molly Liu’s appointment will take effect on 2 October.
Wolverine World Wide sell Hush Puppies IP in China
It will continue to own and operate the Hush Puppies brand in other markets.
Overall retail vacancy in China’s 16 major markets down to 11.01% in Q2
Brands are opening their first stores or are accelerating their expansion in China.
China will remain the leading e-commerce market: GlobalData
It will achieve $2.2t of e-commerce market sales by 2030.
Pink fashion, mythical literature drive China’s consumer trends
JD.com reported a surge in demand for products related to the leading movies.
Tims China targets opening 1,700 Popeyes restaurants
It opened its flagship store in Shanghai.
JD.com, Gucci ink digital partnership
Gucci will open its flagship online store on the e-commerce platform.
Yum China opens 422 new stores in Q2
The company aims to open around 1,100 to 1,300 new stores in 2023.
JD.com launches AI large language model ChatRhino
ChatRhino aims to address challenges across JD.com’s business operations.
How the Chinese consumer market evolved post-pandemic: PwC
There is a rise in the consumption of items for outdoor activities, amongst others.