China Latest News - Inside Retail Asia

Chinese online pharmacy Ecmoho plans US$100 million IPO

Chinese online pharmacy Ecmoho is seeking to list on the New York Stock Exchange in order to raise US$100 million for expansion.

Costco China to launch in August

US-headquartered warehouse-club retailer Costco Wholesale will open its first physical store in Mainland China in August.

Alibaba management shakeup sees CFO promoted

In a significant Alibaba management shakeup, high-profile CFO Maggie Wu take on a new role overseeing investment strategy.

Global personal luxury goods market growth endures despite weakening consumer confidence

Global personal luxury goods market growth has reached a “new normal” pattern, following back-to-back years of strong performance in 2017 and 2018

Cosmetics, holiday season buoy China retail sales growth

The rate of China retail sales growth rose for the second consecutive month in May, buoyed by the holiday season.

L’Occitane profit soars after restructure

Hong Kong-listed beauty-products retailer L’Occitane is reaping the benefits of a restructure with profit up 21.8 per cent last financial year to €117.6 million.

Alibaba has filed for Hong Kong IPO – sources

Alibaba Group has secretly filed for a Hong Kong IPO, most likely in the third quarter.

China sales surge 70 per cent for Lululemon Athletica

Lululemon Athletica has reported a massive 70 per cent growth in first-quarter China sales, part contributing to a stellar performance globally.

China to become world’s largest grocery market by 2023

China is set to overtake the US to become the world’s largest grocery market by 2023 in value terms, according to new forecasts.

Inside the new Aldi China stores: ‘quality and value’ tone

The first professional photos have emerged of Aldi China’s two pilot stores in Shanghai, which opened last week.

Farfetch China opens flagship on JD

Farfetch China has opened a flagship store on JD, one of its strategic investors.

Fosun Fashion seeking investors to expand brands and profits

Chinese conglomerate Fosun is looking to sell a stake in its luxury fashion business, which includes Lanvin.

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