China Latest News - Inside Retail Asia
Alibaba Group boosted second-quarter revenues by 42 per cent, as the number of active users on its e-commerce sites grew by 20 million.
Chinese retail sales in July rose at a slower rate than in June, although the decline was largely attributed to falling sales of new motor vehicles.
Alibaba and Chinese tech firm Netease are in talks on the internet giant’s potential acquisition of its cross-border e-commerce platform Kaola.
More than 80 per cent of Australian businesses have Asia on their radar, but most are failing to generate significant revenue from Asian markets.
Yue Yuen says it expects to move more of its manufacturing from China to other Southeast Asia countries as the US-China trade conflict shows no sign of abating.
Jewellery retailer Swarovski has issued a sweeping apology over implying that Hong Kong is not part of China.
Chinese e-commerce giant JD exceeded revenue expectations in the June quarter, net sales up by 23 per cent to US$21.28 billion.
Chinese brand ambassadors of fashion labels from Coach to Givenchy have severed ties with the companies over products which they said violated China’s sovereignty by identifying Hong Kong and Taiwan as countries.
The declining spending by Chinese and South Korean tourists in Japan is beginning to hurt listed retailers.
Newly launched Honor TVs are the first in the world to carry Huawei’s own operating system HarmonyOS.
The China-US trade war and an unseasonably warm winter have been blamed for Giordano sales falling 11 per cent in the first half of the year.
Internet users on the Chinese mainland have blacklisted popular Taiwanese bubble-tea brands after a Hong Kong franchise urged solidarity with protesters.