Shenzhen Archives - Page 2 of 2 - Inside Retail Asia
Visa clampdown to ease border rows
New visa restrictions have been imposed on mainland Chinese entering Hong Kong as the territory’s government tries to cool tempers on the borders.
Rainbow stores continues expansion
Rainbow Department Stores has increased sales at the expense of profit as it continues to expand.
Costs rise for Circle K Hong Kong
Convenience Retail Asia says sales in its convenience stores and bakeries rose marginally last year, but rising costs dented profits.
WeChat owner’s profit soars
WeChat parent Tencent says its profit soared 54 per cent in the year to December.
Sweden’s Bluewater lands in Asia
A Swedish water purifying company has opened its first retail store in Asia – in Beijing. Bluewater Water Purifying Company describes itself as a global industry leader in water purifying technologies. It also describes its humble 50sqm shop inside a shop at the Easyhome store in Beijing’s Chaoyang District as its “Asian flagship”. But size may not be a barrier to this brand expanding across greater Asia where water quality – or achieving it – is a rapidly growing category amongst th…
Shenzhen underperforms; Shanghai soars
Shenzhen is the only one of China’s so-called ‘top tier cities’ to underperform in the latest rankings of retail property investment in 17 major cities across China. Shenzhen finished sixth on the table, compiled by CBRE’s MarketScore: the Key to Investing in the China Retail Market. The study concludes that Shanghai, Beijing and Hangzhou currently offer the brightest prospects for retail real estate investors – and advises investors to exercise caution when considering opportuniti…