China Latest News - Inside Retail Asia
Fast-fashion brand Stylenanda Japan has opened a flagship store in Harajuku, Tokyo.
The launch of a Momo.com Malaysian JV has been postponed.
Sonova Asia Pacific is hoping its new international training institute will help drive hearing-aid sales in China.
JD.com plans to develop heavy-duty drones capable of carrying a tonne or more for long-distance deliveries.
Denham China has opened its first store, in Shanghai’s new HKRI Taikoo Hui Mall.
CP Lotus Corporation is expecting to turn around a US$9.2 million loss to record a half-year profit.
Burberry Asia sales were largely unchanged in the past financial year.
Alibaba Group revenue jumped 56 per cent for its latest fiscal year, even as net income fell 42 per cent.
Alibaba Group has sued a fake-spirits seller, seeking US$17,835 in damages.
Tencent Holdings sales grew by 55 per cent during its first quarter, reaching RMB49.552 billion.
Hong Kong restaurant business Tam’s Yunnan Rice Noodles has been snapped up by a Japanese investor for US$128 million.
Chinese online shopping growth slowed in the second quarter, according to data from the National Bureau of Statistics.