China Latest News - Inside Retail Asia
CapitaLand China signs management contracts for centres in Guangzhou and Chengdu.
E-commerce will account for 31.4 per cent of total Asia-Pacific retail spending by 2020, predicts Mintel.
In a strategic move, Google buys into JD to boost its Asian influence.
Struggling UK fashion retailer New Look is set to cull its China store network and abandon plans to open as many as 500 there.
Joyce Boutique Holdings reported another loss last financial year.
Tmall says it has extended its upcoming 618 midyear sales to several markets across the Asia-Pacific.
Loob Holding has entered into a JV with two Chinese companies to introduce 500 Tealive China stores within three years.
Going on sale at midnight on JD, 50 pairs of limited-edition JD-G-Star Raw jeans were sold out in just three minutes.
Discount chain Miniso India plans to open 200 stores by year’s end.
Yet to reach its full impact, China’s cosmeceuticals market has had a low retail uptake compared to other regions.
Two US fast-food chains, Dippin’ Dots and Doc Popcorn, have made their debut in China.
Alibaba plans to integrate nearly 400 RT Mart outlets in China within its grocery and food delivery network by the end of this year.