China
Consumer spending in China to see ‘steady growth’
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.
Alibaba’s market cap down by 30.3% in Q3
Its value stood at $212b.
California-based Oakley launches flagship store on J Shop
The sports brand touts over 750 patents.
China’s wine market to grow 11.5% between 2021-2026: report
This comes as its economy rebounds.
JD launches first Apple physical store in Beijing
The store seeks to integrate online and offline consumption.
Growing shift to online to support China’s e-commerce market: report
The country is expected to continue dominating the global e-commerce sector.
Japan-based bookstore Tsutaya launches on The J Shop
The bookstore offers an experience space in its store.
Alibaba's Cainiao secures supply in lockdown-hit Chengdu
Its warehouse in the city is prepared to ensure Tmall Supermarket's delivery routes.
Consumer confidence rebound to boost China's foodservice sector
Chain operators are expected to grow at a higher rate across all channels.
China’s foodservice profit to grow 2.6% through 2026
It is projected to reach $1.09t in 2026.
Muji to launch first store in Macau
The new store is set to be the largest in the Hong Kong and Macau region.
Shenzhen’s retail market supported by government initiatives: report
The outbreak is still slowing down the city’s retail recovery.
Watson beefs up O+O capabilities with $400m investment
This will help create a customer-centric supply chain network.
JD deepens ties with electronics brand Oppo
They will collaborate in technology cost reduction and marketing.
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The Trade industry is beefing up its workforce to better handle complaints.
