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Tag: China


E-commerce, Retail Types

China’s Internet Clampdown Hits Alibaba But Spares Tencent

November 13, 2020

Via: Forbes

Chinese e-commerce giant Alibaba appears to be bearing the brunt of the impact from the country’s toughening regulatory environment, with analysts predicting that it may be compelled to lower the fees it charges the merchants on its platforms. Shares of […]


E-commerce, Retail Types

Alibaba smashes forecasts to see 34% sales boost despite growing global tensions

August 21, 2020

Via: Charged

Alibaba has beaten analyst estimates and posted runway sales during its last quarter despite a growing global backlash against Chinese companies. The ecommerce giant saw revenues jump 34 per cent to RMB153 billion (£16.4 billion) in the three months to […]


E-commerce, Retail Types

JD.com smashes analyst estimates and sees shares rally despite Trump’s Chinese crackdown

August 18, 2020

Via: Charged

JD.com smashed analyst estimates during its last quarter as its self-run logistics operations powered through the pandemic. In its first quarter since launching its $4 billion secondary listing on the Hong Kong Stock Exchange in June, JD.com saw net revenue […]


E-commerce, Retail Types

Alibaba’s Jack Ma summoned to Indian court over allegations of censorship and fake news at the retailer

July 27, 2020

Via: Charged

Alibaba’s founder Jack Ma has been summoned to a court in India amid allegations the retailer censored content seen as unfavourable to China. China’s richest man has been thrown into the increasingly hostile spat between India and China which saw […]


E-commerce, Retail Types

JD.com and Alibaba rake in $130bn during sales event as Chinese economy begins recovery

June 22, 2020

Via: Charged

JD.com and Alibaba raked in more than $130 billion (£104 billion) during the ‘618’ shopping festival in signs that the world’s second largest economy is returning to health. June 18th saw JD.com launch its annual shopping festival, which coincided with […]


News & Trends

Why China’s retail won’t go back to the way things were

June 8, 2020

Via: Charged

China has all but eliminated the coronavirus threat and day-to-day life in its metropolitan cities has more or less returned to its normal pace. But the coronavirus crisis may have irrevocably changed the retail industry and the way brands and […]


Customer Engagement, Customer Experience

China could introduce 2.5-day weekend to reinvigorate retail sector

April 16, 2020

Via: Charged

China could soon impose a two-and-a-half-day weekend in efforts to jumpstart its retail sector as it emerges from weeks of lockdown. Cities across the country have encouraged companies to offer workers an extra half day off so they can spend […]


News & Trends

China’s retail market not set to recover fully until 2nd half of 2020

March 31, 2020

Via: Charged

China’s retail sector is not due to fully recover for the coronavirus outbreak until the second half of 2020, according to experts. Savills China Retail has predicted that although shoppers are now gradually returning to retail outlets and shopping malls […]


Suppliers

Why And How Coronavirus Will Sharply Change The Supply Chain

March 20, 2020

Via: Forbes

Coronavirus (SARS-COV-2 which causes COVID-19) is causing drastic changes to the supply chain, a key retail operation already in flux. For the last three years, geopolitical turmoil and shifting priorities have been setting the stage for gradual changes. Studies show […]


Retail Types, Stores

H&M Group Reports Dramatic Sales Decline in China as it Closes More Stores in Europe

March 16, 2020

Via: The Business of Fashion

H&M group has temporarily shuttered stores across large parts of Europe, as governments take extraordinary measures to try and contain the escalating coronavirus pandemic. The closures signal more pain ahead for retailers, already suffering the aftershock of a widespread shut […]


Retail Types, Stores

Apple reopens all 42 China stores after coronavirus closures

March 13, 2020

Via: Charged

Apple has reopened all of its stores in China after concerns over the coronavirus forced the tech giant to shut up shop. Apple closed all of its retail stores and offices in China on February 1 due the outbreak. The […]


E-commerce, Retail Types

Amazon stocks drop more than 10% as coronavirus fallout worsens

March 2, 2020

Via: Charged

Amazon’s stock has dropped over 10 per cent in the past fortnight as thousands of third-party sellers struggle with stock shortages. The coronavirus’ fallout on businesses around the world is continuing to worsen while countries around the world scramble to […]


News & Trends, Suppliers

Coronavirus Update: Tourism, Supply Chain Impacts Will Soon Make Their Mark On Retail

February 26, 2020

Via: Retail TouchPoints

The impact of factory closings in China is hitting the U.S. and world markets as the coronavirus outbreak continues. The Dow Jones industrial average sank by more than 1,000 points, or 3.6%, on Feb. 24, while the Nasdaq index dropped […]


Retail Types, Stores, Suppliers

Adidas’ China Sales Slump 85% Due To Coronavirus

February 19, 2020

Via: Forbes

Topline: Germany’s sportswear giants Adidas and Puma have warned that China’s coronavirus outbreak will severely impact sales while one of Europe’s largest carmakers has resorted to flying parts in suitcases to keep its supply chain running. Adidas announced that its […]


E-commerce, Retail Types

Amazon, Alibaba and Ebay told to tackle counterfeits as China-US trade deal looms

January 17, 2020

Via: Charged

Amazon, Alibaba, Ebay and other ecommerce giants have been warned that the upcoming US – China trade deal will dramatically clamp down on counterfeit goods. Peter Navarro, the White House trade advisor told CNBC that a “big part” of the […]


News & Trends, Suppliers

Tariff whiplash is already taking a toll on retail

August 5, 2019

Via: Retail Dive

Welcome to the era of trade chaos for retail. Beginning in May, retailers lived with the official reality that a huge swatch of Chinese goods — known as “tranche four” and covering pretty much everything that hasn’t already gone through […]


Suppliers

Trump: US to impose 10% tariffs on $300B in Chinese goods

August 2, 2019

Via: Retail Dive

In a statement released by the American Apparel and Footwear Association following the announcement of planned tariffs, CEO Rick Helfenbein said, “Tariffs are taxes on American consumers. The President’s decision to proceed with adding these additional costs for hard-working American […]


Retail Types, Stores

Office Depot teams up with Alibaba

March 5, 2019

Via: Retail Dive

One week after a fourth quarter earnings report showed increasing strength in services amid lower sales of traditional products, Office Depot has entered a partnership that could further recast its image in the market. The retailer had fallen after Amazon […]


News & Trends, Suppliers

U.S. Retailers Get Some Good News on Easing China Trade Tensions

February 26, 2019

Via: SCMR Editorial

As the Retail Industry Leaders Association (RILA) convenes this week for its annual Retail Supply Chain Conference, shippers expressed relief that President Trump has called for a delay for increasing tariffs on Chinese Goods. Had the President made good on […]


News & Trends

What can US retailers learn from China?

January 23, 2019

Via: Retail Dive

In grocery stores around the world, retailers are making big changes to deliver online and offline experiences that will win shoppers over. Mexico’s Soriana grocery chain offers free Wi-Fi in 824 stores for millions of customers. Lidl in Ireland sells […]