China Latest News - Inside Retail Asia

Huawei Malaysia Pavilion KL

Huawei Malaysia opens KL flagship

Huawei Malaysia has opened its largest flagship store, at the Pavilion KL in Kuala Lumpur.

Frette bed

Frette China opens Shanghai flagship

Frette China has opened its first flagship store, in Shanghai’s Puxi district.

Lining shoes

Li Ning e-commerce sales leap 90pc

Li Ning e-commerce sales soared 90 per cent last year, driving an overall 13 per cent gain.

People Walking At Crowded Streets. Hong Kong

Bonjour Holdings moves into the red

Tumbling turnover and gross profit margin have flipped an operating profit to a loss for Bonjour Holdings.

Takashimaya Times Square Japan

Takashimaya Duty Free Shop opening soon

Takashimaya Duty Free Shop will open late next month in downtown Tokyo.

MyTheresa.com

MyTheresa.com takes aim at Korea

European luxury online retailer MyTheresa.com is launching a Korean-language site.

Tencent

Tencent Holdings revenues soar 48 per cent

Revenues for China’s Tencent Holdings grew by 48 per cent last year.

Hermes-HKIA

Record US$1.1 billion profit for Hermes

French luxury goods brand Hermes made a record net profit last year of €1.1 billion (US$1.19 billion).

Tencent

Tencent brand is still China’s most valuable

The Tencent brand remains China’s most valuable, growing its worth 29 per cent to US$106 billion, according to BrandZ.

Jumbo-seafood-outlet

Jumbo Group China to open Beijing restaurant

Seafood restaurant owner Jumbo Group China has signed a JV agreement to open its first outlet in Beijing.

HONG KONG - CIRCA JANUARY, 2016: inside of a store in Hong Kong. Shopping is a widely popular social

China leads Nike sales growth

Nike sales rose 15 per cent in Greater China in the latest quarter.

Lotte DS 1

Lotte Department Stores take in online retailers

Online retailers are set to open 13 outlets at Lotte Department Store branches in the next three months.

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