China
China-based beauty retailer USHOPAL invests in fragrance brand DOCUMENTS
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%.
JD Worldwide begins “Bayern Selectives Pavilion” for cross-border e-commerce initiative
The initiative will bring Germany-based products to Chinese online consumers.
E-commerce leads China’s FMCG market with 4% YoY in Q3
Smaller formats such as super/mini and grocery stores are also gaining traction.
China’s FMCG sector sees ‘soft recovery’: report
The sector saw a 1% growth in the first nine months of 2023.
JD Logistics achieves a 70% growth in overseas orders during Black Friday
AI and automation helped propel sales for the China-based e-commerce channel.
JD Worldwide launches feature to support beauty, skincare retailers
The platform will feature incentives for sellers of beauty and skincare items.
Budweiser Brewing Company APAC Limited secures double win at the FMCG Asia Awards
It won for going beyond its initial targets for its initiatives.
McDonald’s to buy Carlyle share in McDonald's China
This will increase its shares in McDonald's China to 48%.
L’Oréal introduces new Beauty Tech features
All four offerings present the theme “beauty for all, beauty for each."
Baijiu sales growth in China propelled by banquet demand
The distributors’ average advance payments grew by 7% YoY in Q3 2023.
JD.com breaks records for 2023 Singles Day Grand Promotion
Transaction volume reached more than $137.18m.
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