As China’s luxury slowdown continues, there’s been a great deal of news about the death of “bling” as both the anti-corruption campaign and changing tastes cause consumers to turn away from logos and …
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St. John appoints Alice Woo as lead consultant for travel retail and duty free
American luxury fashion house St. John has appointed the highly experienced Alice Woo as Lead Consultant for Travel Retail & Duty Free.…
Alibaba eyes India entry
The fast-moving world of Indian e-commerce is set for another major shake-up as Alibaba looks to set up business in a market projected to increase by 78pc this year.…
SEA e-commerce set to disrupt
While digital media in South-East Asia now rivals China with more than 150 million consumers being digitally active, online retail sales make up a paltry 4% of total retail sales.…
What slowdown? Chinese spending more on luxury items
Chinese shoppers will increase their spending by 10 percent per year until the end of the decade as incomes rise. It is not just staple goods that will be filling the shopping trolleys. Consumers are …
Foodpanda buys Delivery.com’s Hong Kong assets
Online takeaway delivery firm Foodpanda is acquiring the Hong Kong assets of US-based Delivery.com as it consolidates its position in key markets while shedding assets elsewhere.…
Transmart Carrefour to open 10 more outlets this year
Trans Retail, part of business tycoon Chairul Tanjung’s CT Corp business group, plans to open 10 more Transmart Carrefour outlets in the country’s major cities this year as part of the company’s progr…
Samsung sees strong sales in Galaxy S7
On Sunday, market analysts and officials said that initial sales and preorders of the new Samsung phones in the company’s key markets in China, Europe and India have beaten previous expectations…
Unilever Said to Name Olivier Ricard as CEO of REN Skincare
Unilever has appointed beauty industry veteran Olivier Ricard to run the REN skincare business it acquired last year, according to a person familiar with the process.…
Taco Bell to open first store in China
Taco Bell is betting that China is going to love tacos and burritos. Yum! Brands (YUM), which owns the Mexican fast food chain, plans to open its first store in China by the end of this year, said CEO…