China's retail sales of consumer goods, a key indicator of consumption, grew 10.4 percent year on year in 2016, the same as the first three quarters, official data showed Friday. Retail sales grew 9.6 percent year on year after deducting ...
Tags: consumer goods, catering industry
China's consumer goods retail sales grew 10.6 percent year on year in August, accelerating from the 10.2-percent growth posted in July on the back of robust online sales. Total retail sales of consumer goods amounted to 2.75 trillion yuan ...
Tags: consumer goods, retail sales
Mondelez International has entered into a strategic partnership with Chinese ecommerce company Alibaba Group to expand its presence in China. The alliance enables Chinese consumers to lay hands on a complete range of Mondelez products, ...
One of the world's greatest football clubs, Real Madrid and Tmall Global, an overseas platform and an extension of Alibaba Group's B2C Tmall.com business in China, have announced the launch of the official online Real Madrid store for ...
Tags: player jerseys, club apparel
Global management consulting firm A.T. Kearney's Global Retail Development Index (GRDI) 2015 shows that C. China's GDP growth of 7.4 per cent in 2014 was its lowest in a quarter century. Yet, relative to other developing markets, its ...
Tags: Retail, China Retail, Economy, Service
The NDRC said the increase followed gains in international oil prices due to a tense geo-political situation in the Middle East and a weakening dollar.China has a pricing regime which adjusts domestic fuel prices when international crude ...
Starbucks China has opened the Chengdu Taikoo Li store, as well as anounced an enhanced partner experience through new opportunities with the launch of the new Starbucks Talent Exchange Program. Nestled in the recently opened Chengdu ...
Adidas has chosen retail planning experts GMAP Marketing Consulting (Shanghai) Ltd, part of Callcredit Information Group to help the brand and retailer expand in China. Adidas which already manages 7,600 stores across 1,000 Chinese cities ...
China demands more IT services driven due to the growth of Chinese automakers and financial institutions, says Tech Mahindra. Local enterprises in China are upgrading productivity through the use of technology and international retail ...
Tags: IT Services
Nike Greater China hosts Kobe Bryant on his eighth local tour, with stops in Hong Kong, Shenzhen, Xi’An, and finally, Shanghai on Aug. 8. Bryant’s journey back from injury has captivated fans around the world and he brings a ...
Tags: Nike China, Kobe Bryant
The infant formula industry is in the spotlight again after the launch of a price-fixing investigation into foreign and domestic milk powder makers and intensified government efforts to consolidate a nationwide hodgepodge of producers. ...
Tags: Dairy Industry, infant formula
CITIC Capital Holdings announced on June 17 that it completed financing USD 683 million for CITIC Capital China Retail Properties Investment Fund, exceeding the targeted USD 600 million. It is the fourth real estate fund under CITIC ...
Tags: Metallurgy, Mineral, Energy, Service
New York-based fashion brand alice + olivia by Stacey Bendet and Asia's leading retail, brand management and distribution company ImagineX Group announced an exclusive strategic partnership to develop the brand in Greater China and ...
Mothercare plc, the leading international mother and baby retailer, updates on Q4 trading covering the 11 week and 52-week periods to 30 March 2013 Highlights for Q4 - UK store closures ahead of plan, with 56 loss-making stores closed ...
Tags: Global Sales, Mothercare, Textile