China
China’s consumer firms to face increased global competition
This includes the restaurants, apparel, and home appliances sectors.
How can luxury brands overcome the impact of ‘luxury shame' in China?
China's market is pressured by rising outbound tourism and declining local demand.
Alexander Pollich named CEO of Porsche China
He will now oversee Porsche's crucial Chinese market.
FMCG growth slows down in Mainland China
The sector grew by approximately 2% in value in Q1 2024.
Louis Vuitton and % Arabica opens pop-up store in Beijing
This showcases both brands' commitment to quality and immersive experiences.
Dairy Queen launches first DQ Blizzard & Burgers restaurant in China
This is the first DQ restaurant in Asia to offer a full range of hot food.
China's retail market to grow by $1.19b by 2028
It will be driven by e-commerce and omni-channel strategies
Urban China FMCG market sees 2.6% YoY growth in Q1 2024
Home alcohol and beverage consumption surged in the past 12 weeks.
China's luxury market set for mid-single-digit growth in 2024
It witnessed a 12% YoY growth in 2023.
7-Eleven South China wins Retail Asia Awards for ready-to-eat shopping enhancement
It has implemented a three-phase strategy in addressing issues in its RTE shopping experience.
Taikoo Li Qiantan earns Mall of the Year - China at Retail Asia Awards 2024
Swire Properties' Shanghai marvel blends wellness and luxury in an unprecedented retail experience.
Over 10k brands see over fivefold transaction surge in JD.com's 618 Grand Promotion
Major brands like Apple, Midea, Haier, and Xiaomi quickly surpassed the $14m mark in sales.
Chinese food industry sales hit $328.7b in 2023
The growth was largely driven by staple foods.
LVMH extends partnership with Alibaba to boost omnichannel presence in China
Alibaba Cloud's AI capabilities will be integrated to develop new applications and services for LVMH's global consumers.
JD.com launches enhanced JD NOW on-demand retail service
It promises rapid delivery of premium products from over 500,000 stores to 2,300 locations in China.
Why China's luxury consumption is slowing down
Factors include a shift from overseas to domestic spending, consumption moderation, and the return of outbound tourism.
Commentary
Why micro-retail is the way to go to reach Southeast Asian shoppers