Inside Retail Asia breaking news, supplier information, product launches and consumer campaigns in China.
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Swedish home-furnishing giant Ikea opens an Ikea City store in Shanghai today, its first such outlet in China.
Strong sales across Asia and rapid online growth helped beauty-products retailer Groupe L’Occitane contain its sales decline during the June quarter to a comparatively respectable 22 per cent.
Luk Fook Holdings has reported a 71-per-cent plunge in first-quarter same-store sales due to the impact of Covid-19 on tourist numbers travelling to Hong Kong.
A Kris Wu x Gentle Monster pop-up space themed The Roller has opened in Shanghai, featuring design inspired by a parking lot layout.
Starbucks Coffee is introducing its own mobile order and payment system in the Mainland Chinese market as a feature on four Alibaba platforms.
Chinese internet firm V1 Group has partnered with Suqian Jingdong to introduce sports lottery retail services into JD Convenience Stores within the territory via its subsidiary Crazy Sports.
Chinese department stores long-term outlook remains positive despite being greatly impacted by Covid-19, according to Fung Business Intelligence.
International tech giant Apple has opened a new store in Beijing’s Sanlitun, twice the size of the one it replaces.
After dismal updates from luxury goods groups this week, Richemont, the company behind Cartier could be forgiven for a 47-per-cent slump in sales in its first financial quarter.
Thanks to the coronavirus global pandemic, cashed-up Chinese high-end shoppers are finding it hard to spend their cash on luxury goods.
North America’s National Basketball Association (NBA) has launched a face-mask collection online, supporting communities impacted by Covid-19.
A group of senior bondholders to PizzaExpress is in talks to potentially provide new funding in a deal that could see them take over much of the company from owners Hony Capital.