China
SHEIN names new chair for Latin America office
SHEIN names new chair for Latin America office
Marcelo Claure will lead the company’s Latin American strategy and stakeholder affairs.
China captures luxury brands despite headwinds: report
The luxury retail market will likely grow 6.1% and 6% in 2023 and 2024, respectively.
Beijing's retail market shows signs of steady development
Retail supply rose 16% in 2022 compared to last year.
Essential goods expected to lead China's retail sales recovery
The sales of non-essential goods are expected to show slower growth.
Is Gen Z becoming the bigger spender in China?
They are rapidly becoming the largest consumer base for luxury brands, KPMG said.
Long-term plans assessment needed for Shanghai’s retailers: report
Most brands in the city have been focusing on streamlining existing operations.
Alibaba names Wu Zeming as CTO in management reshuffle
He succeeded Li Cheng in the post immediately.
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.
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The Trade industry is beefing up its workforce to better handle complaints.
