China Latest News - Inside Retail Asia

China’s Topsports International plans IPO

Chinese sportswear firm Topsports International is seeking a listing on the HKSE.

New leader appointed to Abercrombie & Fitch Asia-Pacific

Olga Wu has been appointed to oversee Abercrombie & Fitch Asia-Pacific operations as group VP.

BreadTalk Group to buy foodcourt rival

Listed Singapore food-and-beverage company BreadTalk Group is to buy foodcourt operator Food Junction Management (FJM).

Starbucks Reserve Riverside 66 Tianjin opens in heritage building

The Starbucks Reserve Riverside 66 Tianjin flagship store opening today combines history with an entirely modern ‘third-place experience’ for the brand’s customers.

Crabtree & Evelyn losses halve as stores closed and brand moves online

Beauty-products brand Crabtree & Evelyn halved its losses in the first half of the year as parent, Hong Kong-listed Nan Hai Corporation continued its move from offline to online.

US fashion brand Everlane launches on Tmall Global

US fashion brand Everlane has opened a store on Alibaba’s cross-border e-commerce marketplace Tmall Global.

Sales surge for Tiffany in China, but other markets suffer

Double-digit sales growth for Tiffany in China provided some encouragement for the US jewellery retailer in what was otherwise an unremarkable half.

Duoyun Books’ flagship in Shanghai is 52 floors above ground

Design firm Wutopia Lab has designed a unique “books above clouds” store in Shanghai’s tallest building for Duoyun Books.

Chinese shoppers can now use Alipay at the Mall of Asia

Opening the way for Chinese to use Alipay at Mall of Asia stores is aimed at attracting more tourists to the mall – as well as the increasing locally based Chinese population.

Gome Retail to target smaller cities as restructure begins to show fruit

Gome Retail Holdings will speed up its penetration into lower-tier Mainland China markets during the year ahead, with about 1000 stores slated for opening this year.

Yum China buys Chinese chain Huang Ji Huang

Yum China Holdings has entered into a definitive agreement to acquire a controlling interest in Huang Ji Huang Group.

Japan’s Yohji Yamamoto opens its first store in Greater China

Japanese fashion label Yohji Yamamoto is opening in Hong Kong.

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