China Latest News - Inside Retail Singapore
Korean beauty solution company 1004Laboratory has launched its brand Artois into Asia.
Singapore-headquartered Novena Global Lifecare has completed a US$475.4 million merger with Xingkeduo.
Uniqlo owner Fast Retailing’s healthy online sales and strong performance in overseas markets, particularly in China, have helped boost its third quarter results.
Burberry is hailing the success of new creative director Riccardo Tisci as its June-quarter same-store sales grew by 4 per cent.
Beauty products brand Crabtree & Evelyn is preparing to relaunch online ahead of opening flagship stores in major Asian cities.
Starbucks China has opened its first Starbucks Now store – an express retail experience that integrates Starbucks physical and digital customer touch points.
Dasin Retail Trust is to buy China’s Doumen Metro mall for US$274.8 million.
Alibaba has launched Tmall Global in English, making it easier for sellers of all sizes to capitalise on Chinese shoppers’ demand for quality imported products.
Chinese discount merchandise chain Miniso is reportedly planning an IPO raising as much as US$1 billion to continue its rapid expansion.
China’s largest commercial developer, Dalian Wanda Group, is planning to list a real estate business in Singapore.
Paradise restaurant group is targeting 150 outlets worldwide by 2021, with a focus on Singapore.
The most significant Alibaba management shakeup since founder Jack Ma revealed he would step aside next September 10 sees high-profile CFO Maggie Wu take on a new role.