China
Luk Fook Group’s net profit inches up by 0.6%
The company’s net profit stood at HK$658m in the six months ending in September.
Luk Fook Group’s net profit inches up by 0.6%
The company’s net profit stood at HK$658m in the six months ending in September.
Starbucks China RTD’s TikTok dominance in brand storytelling
The campaign earned them a win at the 2022 FMCG Asia Awards.
Alibaba launches sustainable packaging campaign with Shiseido
They offered products in refillable containers as rewards.
Jumpstarting days with a bottled Frappuccino oat latte
Starbucks China wins at the FMCG Asia Awards 2022.
Alibaba Group records $3.2b net loss in September 2022 quarter
Its revenue increased by 3% YoY to around $29.1b.
Cainiao revenue up 26% YoY to $2.57b in Q2 FY23
Over 70% of its revenue was from external customers.
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.
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EY’s Olivier Gergele highlights how retailers can navigate and thrive in today’s complex landscape and evolving consumer preferences
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By implementing a sound omnichannel strategy, prioritising the consumer experience and adapting to changing trends, retailers can differentiate their value proposition.
By implementing a sound omnichannel strategy, prioritising the consumer experience and adapting to changing trends, retailers can differentiate their value proposition.
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1. 6 in 10 Gen Zs prioritise user experience and trustworthy reviews 2. Here are key consumer trends influencing pet care sales in 2024 3. South Korea’s Paris Baguette opens first Philippine store 4. Millennials and Gen Zs drive surge in demand for RTD iced coffee 5. What drives Australia's retail transformationAwards
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