Inside Retail Asia breaking news, supplier information, product launches and consumer campaigns in China.
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A Cartier flagship has opened on Alibaba’s premium Tmall Luxury Pavilion, becoming first Richemont-owned business to launch a standalone boutique on the site. “The Tmall Flagship boutique marks a milestone within the Maison’s longstanding presence in China, reflecting the inheritance of the pioneering spirit embedded in the Maison’s DNA,” said Cyrille Vigneron, president and CEO at Cartier International.
Hong Kong-based firm The Fenix Group may sell its majority shareholding in high-end supermarket operator Hong Kong’s CitySuper Group. According to Bloomberg, if potential buyers show interest in the stake, it may be worth between US$300 and $400 million. Any potential purchaser at this time will inherit a business in the midst of Hong Kong’s first depression in a decade, and wit…
OnTheList says it will focus on raising awareness of sustainability in the minds of both the retail industry and consumers and open permanent showrooms in Shanghai, Taipei and Singapore this year.
China’s largest coffee chain Luckin Coffee is moving into the vending machines market, in part funding by a US$821 funding round.
Tumi, the international travel and lifestyle brand, has committed to a seven-figure partnership with One Esports, which will be running events online and an invitational series in Singapore.
A new H&M Chinese New Year collection has been launched, celebrating the Year of the Rat, and featuring more than 100 items.
Building brand authenticity and social currency through design is a defining movement for retail property owners.
Hong Kong-headquartered lingerie brand 6ixty8ight has launched its first outlet in Mongolia and says it aims to open 16 more outlets in China this month.
Miniso Philippines has opened a new store at Estancia Mall, marking its 100th store in the country.
Luckin Coffee has now become the largest coffee chain in China, surpassing Starbucks in terms of number of locations.
Discount Chinese merchandise chain Mumuso is set to expand in India and is currently seeking potential franchise partners
Machi Machi, the Taiwanese cheese-tea chain which went viral after featuring in a music video of Mandopop king Jay Chou, is set to debut in Singapore.