China
DFS, Douyin partner to boost luxury travel retail shopping experience
Both entities organised two successful livestreaming events, showcasing over 80 beauty products.
DFS, Douyin partner to boost luxury travel retail shopping experience
Both entities organised two successful livestreaming events, showcasing over 80 beauty products.
JD logistics arm to use large-scale hydrogen-powered heavy-duty trucks
The deployment of the new fleet of trucks will reduce emissions by 1,000 tonnes.
China’s Dingdong authorises $20m share repurchase programme
The company may implement proposed repurchases until 28 January 2025.
Chinese consumers buy luxury items abroad due to pricing gaps
Domestic luxury spending is seen to decline to 70% from 90% during the pandemic.
China’s luxury market up 12% YoY in 2023
However, it has not yet fully recovered to 2021 levels.
Domino's Pizza China's 10 new stores achieve record first 30-day sales
DPC Dash now holds 17 of the 20 top Domino's stores worldwide.
JD.com inks deal with UK’s Evri for growth of European brands in China
The partnership will allow British and European products to over 600 million users in China.
Rue Madame enters Mainland China
The Rue Madame store will feature new selections of lifestyle luxury items every week.
PUMA, Tencent ink deal for innovative e-commerce business model
Both companies will combine their resources for the growth of the PUMA brand in China.
Harbin is China's most popular destination for retail, travel
The winter season in the city experienced a 100 times growth in travel and shopping.
China-based beauty retailer USHOPAL invests in fragrance brand DOCUMENTS
It marks the first equity investment of USHOPAL for a major Chinese brand.
Hermès expands China footprint with new Wuxi store
The 34th store in China presents a unique architecture referencing the landscape of the region.
Diageo China emerged victorious at the FMCG Asia Awards, clinching Digital Marketing Strategy of the Year - China
In China, Johnnie Walker Blue Label's innovative digital marketing campaign was named the best of the year.
Domino’s Pizza expands China franchise with 10 new stores
DPC Dash reaches a milestone with openings in Xiamen, Yangzhou, and other mainland cities.
Wolverine Worldwide sells stake in China Merrell, Saucony JV
The sale is valued at $61m.
KFC reaches 10,000th store milestone in China
The iconic fast food chain has a strong 36 years of growth in the Chinese market.
COP28: Alibaba Group reveals green initiatives including using AI to reduce packaging materials
The e-commerce firm seeks to reduce packaging materials by 15%.
Commentary
Why micro-retail is the way to go to reach Southeast Asian shoppers