China
DHgate reports 10% drop in counterfeit products for 2023
Brand complaints also decreased by over 50%.
DHgate reports 10% drop in counterfeit products for 2023
Brand complaints also decreased by over 50%.
What fuels China's digital economy surge
Rising incomes have led to higher consumer demand for seamless shopping experiences.
JD.com launches ‘Trade-in Alliance for Household Appliances and Home Goods’
The move aims to expand and enhance trade-in services across China.
Sephora launches DRUNK ELEPHANT in Mainland China
It is now accessible in Sephora stores located in major cities such as Beijing, Shanghai, Guangzhou, and Chengdu.
MINISO enhances employee welfare and environmental initiatives in 2023
Women hold 61.8% of senior management positions in China.
JD.com targets doubling high-performing merchants for 618 Grand Promotion
It plans to optimize traffic by prioritizing top-rated stores and competitive products in search and recommendations.
China's F&B sector growth to slow on back of soft economy
Despite the anticipated slowdown, the F&B sector continues to exhibit robust growth.
Yum China aims to open 20,000 stores by 2026
It also plans to return at least $3b to shareholders from 2024 to 2026 through dividends and share repurchases.
JD.com invests $132.2m into video content creation
It aims to attract more creators and institutions to the platform.
AS Watson names Malina Ngai as Group CEO
She will now lead in defining the company's vision and formulating strategies to prioritise customer satisfaction and global growth.
JD.com and Lenovo partner to drive AI integration in PC market
It is expected to accelerate the adoption of AI PCs and expand smart device usage in homes.
Consumer sentiment dampens retail in China
Economy, prices, and job security are causing Chinese consumers to cut back on spending, particularly on price-sensitive items.
Chinese consumers prioritise entertainment and relaxation in retail choices: report
The nation’s retail sector witnessed a robust recovery in tourism, film attendance, and the performing arts in 2023.
Luxury brands lead ESG push in China's retail sector
They accounted for 66% of all LEED-certified retail spaces in 2023.
Shein is world’s largest apparel retailer in 2023: GlobalData
The retailer’s gross merchandise value soared to approximately $45b last year.
Alibaba invests $4.8b in share repurchase program to boost shareholder returns
The group also acquired 1.249 billion ordinary shares, totaling $12.5b for fiscal year 2024.
Gen-Z favours quality over brand origins: JD chief economist
Advanced digital supply chains offer brands deep insights into consumer behaviour, he said.
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Suntory Taiwan takes home win at FMCG Asia Awards 2024
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Co-Written / Partner
The ageing of its Kakubin brand brought the need for repositioning and premiumisation.
The ageing of its Kakubin brand brought the need for repositioning and premiumisation.
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Why micro-retail is the way to go to reach Southeast Asian shoppers