From the author
Yum China CEO says to focus store expansion on smaller cities
The company did not break down how many of the planned new stores are for what it refers to as lower-tier cities.
Asos ties exec pay to new environmental goals
Joining a growing list of fast-fashion companies to open up its supply chain for external scrutiny, Asos set out targets...
Miniso to double US stores, add NY ‘flagship’ as mall rents fall
Miniso's US presence will still be dwarfed by giant low-price retailers like Dollar Tree, as well as its own home Chines...
Foreign brands under attack in China for ‘misleading shoppers’
The China Economic Daily praised the market regulator for "catching the lying Canada goose across the Pacific".
Amazon CEO unveils 55,000 tech jobs in first hiring push under his watch
That’s equal to more than a third of Google’s headcount as of June 30, and close to all of Facebook’s.
Hair cuts and dining in as Thai malls reopen after virus cases ease
The move comes after infections numbers started falling in the middle of last month.
China’s market regulator to tighten oversight of sharing economy
Bike-sharing and joint use of portable powerbanks to charge mobile phones are two popular sectors in the sharing economy...
Japan’s retail sales extend gains but Covid-19 challenges persist
A surge in Delta variant cases this month forced the government to widen state of emergency restrictions.
JD.com in advanced talks to buy controlling stake in China Logistics – Bloomberg News
The companies have not made a final decision, and talks could still fall apart, according to the report.
Retailers agree to extend Bangladeshi garment workers’ safety pact
The original agreement, known as the Bangladesh Accord, was due to expire on Aug 31.
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