China
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.
3 days ago
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.
3 days ago
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.
6 days ago
JD.com invests $132.2m into video content creation
It aims to attract more creators and institutions to the platform.
6 days ago
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.
JD Super and Quinta do Noval partner to bring premium Portuguese wines to China
It will expand the selection of Portuguese wines on JD Super’s platform.
JD Super partners with leading F&B brands to form Healthy Food Industry Alliance
The alliance involves over a hundred renowned brands in the F&B sector.
Alternative payments lead China's e-commerce with 67.3% share
Bank transfers and payment cards hold a 14.9% share of e-commerce transactions.
China Jo-Jo Drugstores meets Nasdaq's minimum bid price requirement
This follows the company's failure to maintain a $1.00 minimum bid price for 30 consecutive trading days.
China leads US apparel market despite shipment decline
The Asian country's shipment volume was down by 18%.
Alibaba Group to invest $1.1b in South Korea for business expansion
It intends to invest $200m for the logistics hub and $100m to support South Korean SMEs.
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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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