News

Retail

Thailand’s Robinson Aims for Sales Growth of 15%

Thai mall operator Robinson Department Store PCL said it aimed for 2015 sales growth of 15 percent.

– 9:31 AM, EST

Business

Concerns Over China GDP Target

Economists are calling the Chinese government’s economic growth target for 2015 of “around 7 percent” predictable yet are raising questions over whether leaders have a clear plan for reforms.

– 9:27 AM, EST

Retail

Isabel Marant, ImagineX Ink China Distribution Deal

ImagineX, part of The Lane Crawford Joyce Group, plans to open a dozen points of sale in China for Isabel Marant and its diffusion brand Isabel Marant Étoile over the next five years.

– 12:26 AM, EST

Business

China Lowers Growth Target to About 7% as Headwinds Intensify

The country has set its lowest economic growth target in more than 15 years as leaders tackle the side effects of a generation-long expansion that has spurred corruption, fueled debt risks and polluted skies and rivers.

– March 4, 2015

A Louis Vuitton store.

Retail

Pricing Dominates the Future of Luxury in Shanghai

Tackling the global pricing debate is critical for the future of luxury retailers and brands in mainland China.

– March 4, 2015

Business

Alibaba Opens First U.S. Cloud Center

The e-commerce giant is launching a cloud computing hub in Silicon Valley, its first outside of China, underscoring its global ambitions in the face of stiff and entrenched competition.

– March 4, 2015

Jean Paul Gaultier

Fashion

Jean Paul Gaultier Teams Up with Japan’s Seven and i

The designer will create a new private label collection for the retailer for two seasons.

– March 3, 2015

A view of shoppers outside of the Cartier store in Shanghai's IFC mall.

Retail

Luxury Brands Suffer This Chinese New Year

New data from Hong Kong show that January sales sank to lows not seen since 2003 as tourist spending fell in the month building up to Chinese New Year.

– March 3, 2015

Retail

Hong Kong Retail Sales Plunge as Chinese Visitor Arrivals Slow

“The negative impact of slowing Chinese growth on Hong Kong is becoming more obvious,” said Mole Hau, an economist with BNP Paribas.

– March 3, 2015

JD.com has been described as China’s version of Amazon.

Business

JD.com Announces 73% Increase in Revenues

Net revenues for the fourth quarter were $5.6 billion while the gross merchandise value of goods sold was $13.8 billion.

– March 3, 2015