China Latest News - Inside Retail Asia
While half-year revenue was down, profit rose for Kappa brand licensee China Dongxiang Group.
China’s demand for wine has surged as a result of its expanding middle class, says the Hong Kong Trade Development Council.
McDonald’s China has formed a partnership with property developer Evergrande Group with the aim of speeding up expansion throughout the mainland.
Momentum in China and Japan helped deliver positive comparable-store sales growth for I.T’s first quarter.
Miniso South Africa has officially launched in Pretoria, with another 50 outlets to follow.
Full-year trading figures show the Coach turnaround is making excellent progress.
Gentle Monster China has opened a new store in Chengdu.
Total Chinese retail sales last month reached RMB2.961 trillion, a year-on-year rise of 10.4 per cent.
JD.com second-quarter net revenues grew by 43.6 per cent, reaching RMB93.2 billion.
Alibaba’s IPP (Intellectual Property Protection) Platform has been enhanced, offering faster processing for takedown requests from brands and rights holders.
In a turnaround from a 1.6 per cent drop in the first quarter, Giordano International had a 3.4 per cent rise in half-year group sales to HK$2.6 billion.
Shenzhen Ellassay Fashion has acquired a majority stake in Vivienne Tam’s brand rights for China.