China
China's FMCGs suffer lower selling prices in 9M 2020
China's FMCGs suffer lower selling prices in 9M 2020
Leading e-commerce players have focussed more on bargain-conscious consumers.
Huawei sells Honor business to consortium of agents, dealers
Its consumer business took hit from an unavailability of needed technical elements.
Weekly News Wrap: China drafts rules on livestreaming sales; Diwali festival boosts lacking for India's jewelry stores
And Alibaba and JD.com hit a record $115b sales in Singles Day event.
Strong recovery ahead for Asia's luxury sector
Majority in Asia have plans for leisure travel in the next 12 months.
Sa Sa's turnover down 55.3% to $89.75m in Q2
The lack of tourists affected its sales to mainland customers.
How Alibaba addressed international merchants' hurdles of accessing the China market
They rolled out an English-language customer-service and self-service registration system.
Weekly News Wrap: China offers glimpse to post-pandemic retailing; Eviction looms for Hong Kong's stores
And gold rally boosts Malaysia’s jeweler stocks.
Alibaba's income doubled to $6.74b in Q2
Its China retail and cloud computing businesses boosted revenue growth.
China's retail sales down 1.1% to $463b in July
Goods saw positive growth for the first time, but the catering sector remained weak.
How will China's FMCG sector shift post-pandemic?
Top brands benefit from strong brand equity and scale advantages.
Burberry launches social retail store in Shenzhen, China
It showcases an interactive window upon entrance.
Weekly News Wrap: China's July auto sales to grow 14.9%; Filipino retailers reel from weak foot traffic
And Melbourne, Australia is shutting down most of its retail sector for six weeks.
Consolidation underway amongst China's condiment brands
The top five players in the segment account for only 21% of the market share.
Influencers offer lucrative channel for China's FMCGs: report
Brands linked to comfort or cleanliness are best placed to benefit from Wanghong.
Weekly News Wrap: Chinese firms tap e-commerce platforms; Japan's retailers turn to digital tools
And India’s Reliance Industries looks to buy Future Group’s retail operations for $3.6b.
Four in five Chinese customers ramp up online shopping amidst the pandemic
A mobile in-app tracking could drive further sales during peak shopping season.
Global clothing brands pull out from China market
Foreign brands who are unable to adapt to the local market struggle more.