China
Teddy bear inventor Steiff, Melchers ink partnership for China expansion
Both companies will establish a supply chain and distribution centre in Shanghai.
Omani perfume brand Amouage opens first pop-up boutique in China
The luxury fragrance brand opened its first flagship online store on Tmall Global.
JD.com introduces free at home return service
The “Free At-Home Return” option will be featured on 90% of products on the site.
L’Oreal completes minority investment in Chinese fragrance brand
This will boost To Summer’s growth globally.
On Location, Fliggy launch hospitality e-commerce store for the 2024 Olympics
It is the first dedicated platform for Chinese customers for the 2024 Olympic Games.
DFS, Douyin partner to boost luxury travel retail shopping experience
Both entities organised two successful livestreaming events, showcasing over 80 beauty products.
JD logistics arm to use large-scale hydrogen-powered heavy-duty trucks
The deployment of the new fleet of trucks will reduce emissions by 1,000 tonnes.
China’s Dingdong authorises $20m share repurchase programme
The company may implement proposed repurchases until 28 January 2025.
Chinese consumers buy luxury items abroad due to pricing gaps
Domestic luxury spending is seen to decline to 70% from 90% during the pandemic.
China’s luxury market up 12% YoY in 2023
However, it has not yet fully recovered to 2021 levels.
Domino's Pizza China's 10 new stores achieve record first 30-day sales
DPC Dash now holds 17 of the 20 top Domino's stores worldwide.
JD.com inks deal with UK’s Evri for growth of European brands in China
The partnership will allow British and European products to over 600 million users in China.
Rue Madame enters Mainland China
The Rue Madame store will feature new selections of lifestyle luxury items every week.
PUMA, Tencent ink deal for innovative e-commerce business model
Both companies will combine their resources for the growth of the PUMA brand in China.
Harbin is China's most popular destination for retail, travel
The winter season in the city experienced a 100 times growth in travel and shopping.
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AI prompts fearless dive into corporate reinvention
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Technology
Siam Piwat Group’s digital chief touts AI’s transformative power in boosting customer value, personalisation, and brand trust.
Siam Piwat Group’s digital chief touts AI’s transformative power in boosting customer value, personalisation, and brand trust.
