China Latest News - Inside Retail Singapore
Fung Retailing has finally secured a deal to continue to operate the profitable Toys R Us Asia business.
Rapid Tumi expansion is powering solid sales growth for Hong Kong-listed luggage specialist Samsonite International.
E-commerce giant sees $42 billion in transactions over 24 hour period.
Chinese online retailer LightInTheBox will acquire Singaporean e-commerce platform Ezbuy for approximately US$86 million.
Hermes sales surged 11 per cent in the quarter to September, with all geographical regions performing well.
Alibaba has committed to help import US$200 billion worth of goods from more than 120 countries over the next five years.
Hong Kong fashion e-commerce business Goxip has secured US$1.4 million from financial services firm Convoy Global Holdings.
Next Retail is shaping up as the successor to China’s burgeoning New Retail industry, says Mintel.
Alibaba and its partner retailers will face a massive challenge ensuring flawless delivery of millions of parcels on Singles Day 2018.
Estee Lauder Asia has recorded its third largest quarterly growth rate in 20 years, the parent company announced overnight.
The CapitaLand China malls portfolio achieved a 10.5 per cent increase in distributable income in the three months to September.
The first Heytea Singapore store at Ion Orchard will be the Chinese chain’s first overseas.