Bloomberg News reports that landlords have begun to waive rents and provide other perks to non-luxury names like Zara and H&M in an effort to prevent rising vacancies, as a boom in shopping mall construction amid cooling...
China is opening new fronts in its campaign against “white pollution”, including an expansion of the existing ban on free plastic bags. From the AFP: Bookstores and pharmacies nationwide will soon be forbidden to...
From Reuters: Wal-Mart, the world’s top retailer, said on Wednesday it has launched a pilot programme to open convenience stores in China, seeking to boost its presence in one of the world’s fastest growing retail...
From CNBC: China is one of the fastest-growing markets for luxury goods in the world, but not just because of the sheer size of the country. It’s all about demographics. It not only has a burgeoning class of nouveau riche, it’s also got an entire generation of what some may call spoiled brats who have […]
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