Chinese online shopping site AliExpress said it was improving controls to comply with European Union regulations, reports Reuters. This comes as European lawmakers grilled executives over sales of dangerous and counterfeit products in the bloc. The EU has ramped up scrutiny of fast-growing online platforms like AliExpress, Temu, and Shein which ship cheap products made in […]
Category: Consumer
Chinese e‑commerce giant JD.com has launched its Joybuy online marketplace in the UK, Germany, France, the Netherlands, Belgium and Luxembourg, reports Reuters. The move sees the company stepping up its push beyond its home market and taking aim at market leader Amazon. JD.com wants to internationalize its business and last year agreed to buy German electronics retailer Ceconomy, owner […]
Bubble tea producer Mixue is planning to build a theme park at its headquarters in Zhengzhou, the capital of central China’s Henan province, reports the South China Morning Post. The park will be based on its Snow King mascot, a singing snowman that has become one of Chinese retailing’s most recognisable intellectual properties (IPs), and offer […]
US fashion brand Guess has told customers it will close all its stores in mainland China by the end of March, reports the South China Morning Post. The move comes as analysts cite weak localization and strategy gaps. In late February, Guess informed customers via text messages that it would close all its online and offline […]
Haleon is ramping up its Chinese expansion, pushing into second- and third-tier cities and tailoring its gum-health products to local tastes, reports Reuters. The move aims to succeed where many Western consumer brands have struggled. While many international brands have reported weaker sales in China this past year, Haleon, helped by strong growth in Sensodyne toothpaste, […]