China
JD.com, Gucci ink digital partnership
Gucci will open its flagship online store on the e-commerce platform.
Yum China opens 422 new stores in Q2
The company aims to open around 1,100 to 1,300 new stores in 2023.
JD.com launches AI large language model ChatRhino
ChatRhino aims to address challenges across JD.com’s business operations.
How the Chinese consumer market evolved post-pandemic: PwC
There is a rise in the consumption of items for outdoor activities, amongst others.
Watsons China's O+O Digital Ecosystem Meets Customer Needs and Builds Stronger Relationships
With 60 million users on its mini programme (Watsons MyStore), Watsons integrates its O+O (Offline plus Online) platforms and provides customers with a seamless shopping experience.
C-beauty brands outperform in China: report
Sales of brands amongst the top 20 brands in colour cosmetics grew to 28% in 2022.
China’s FMCG sustains rebound in Q1: report
Bain & Company reported a value growth of 1.9% in the first quarter of the year.
Chow Tai Fook taps into China consumer and digital retail trends to bolster growth
Asia’s leading jewellery group is launching the CTF • HUÁ Collection and investing in digital retail technologies to tap into the latest consumer trends and digital retail market opportunities.
Fila China receives accolade at Retail Asia Awards
It was able to design its flagship store at an iconic pedestrian area in Shanghai within 30 days.
Chemist Warehouse named International E-Tailer of the Year - China at the Retail Asia Awards 2023
The company was lauded for its exceptional performance in cross-border e-commerce, offering discounted global health, beauty, and personal care products.
Guerlain clinches Retail Asia Awards win for ultimate boutique opening
The opening celebrates the Maison's collection of exclusive fragrances L'Art & La Matière.
Subway inks largest master franchise deal for China expansion
The deal with FRS will involve the opening of over 4,000 restaurants.
JD.com CEO steps down
Lei Xu will be replaced by CFO Sandy Ran Xu.
Fashion firms in China spur growth with direct-to-consumer model
PwC reveals how the DTC model leverages digital technology to deliver more personalised products, services, and experiences to new-age consumers.
adidas sees ‘better-than-expected’ growth in China despite 9% revenue decline
The company recorded ‘flattish sales’ and a small operating profit overall.