weibo

Retail Asia14/12/2021

Huawei announced today on Weibo that its new flagship product launch winter conference will take place on December 23rd. On that date, the company said that it will announce the Huawei P50 Pocket which is believed to be a foldable phone that shuts vertically like the Samsung Galaxy Z Flip 3 and the Motorola Razr. The new Huawei foldable flip […]

Retail Asia13/12/2021

Weibo officially launched its secondary listing on the Main Board of the HKEx on Wednesday. The public offering price of the stock was HK$272.80. On the first day, Weibo closed 7% lower at HK$253.20. One of the leading social media platforms in China, Weibo secondary listing raised about HK$385 million. Its main listing is in […]

Retail Asia14/06/2021

Chinese users were reportedly unable to find results for popular cryptocurrency exchanges on major search engines in the country. Keyword searches for trading platforms such as Binance, OKEx and Huobi yielded no results, according to various media outlets. The searches were conducted on major search engines like Baidu, Sogou, Zhihu, and Weibo. This marks yet […]

Retail Asia07/11/2019

Chinese tech giants are stepping up their own content-filtering efforts with Weibo leading the pack by shutting down 37 accounts for investment-related fraud. According to a statement by Weibo owner Sina, the accounts were closed due to content issues regarding «misleading investment information» or «securities fraud». The accounts seduce customers into purchasing illegal wealth management […]

Retail Asia13/12/2017

Seoul will have one of six Chanel flagship stores being launched next year, with the brand also about to open in Beijing’s China World mall. “These will be either brand new stores or major re-openings, which will be very impactful,” says Chanel fashion and accessories divisions president Bruno Pavlovsky. On December 1, Chanel opened a […]

Retail Asia29/11/2017

Six-year-old Melbourne design brand Elliatt has opened its first-ever own-brand store – not in Australia, not in an established market of the West, but in China. However, it did use its home city’s most famous sporting event, the Melbourne Spring Racing Carnival, to promote its arrival in Shanghai with the first of 16 stores for […]

Retail Asia23/03/2017

Chinese technology giant Tencent remains China’s most valuable brand, growing its worth 29 per cent to US$106 billion, according to the BrandZ top 100 most valuable Chinese brands report. It shows that technology brands continued to lead the way, with the Tencent brand strengthening its hold on the top spot thanks to the popularity of […]

Retail Asia16/03/2017

German fashion house Hugo Boss says that improving its online business will be a priority this year as it shores up its recovery in China after slashing prices there. Since taking over as Hugo Boss chief last May, former finance chief Mark Langer has been cutting costs by renegotiating rents, shutting stores, trimming brands and […]

Retail Asia24/02/2017

Fashion group Esprit Holdings says it has made a “significant recovery”, turning around its HK$238 million (US$30.6 million) loss to record a net profit of HK$61 million for its first half. While the improvement was driven by retail sales, the group says two other major developments were a vital element of the growth in overall […]

Retail Asia30/11/2016

Fashion group Moiselle International has strengthened its margins but still posted a loss in the last half year. While its loss of about HK$35 million (US$4.5 million) was about 10 per cent more than its loss of about HK$32 million for the same period last year, Moiselle International had a healthier gross profit margin of […]

Retail Asia20/10/2016

Following a decade of declining health, 88-year-old King Bhumibol Adulyadej of Thailand, the world’s then-longest-reigning monarch, passed away in Bangkok on October 13. The king’s untimely death concluded a reign that lasted more than seven decades and initiated a year-long period of mourning, bearing substantial consequences for the nation’s luxury and fashion sectors. As declared […]

Retail Asia18/10/2016

By the end of this year, China’s digital travel sales will amount to more than $95 billion, according to eMarketer. That’senough to rival the revenue of Fortune 500 giant Microsoft. By 2020 this figure will have doubled to around $200 billion. Retailers and tourism operations globally have been rolling out the red carpet for Chinese […]

Retail Asia09/05/2016

Uncle Martian, a new competitor for sportswear brand Under Armour in one of its main markets, China, is in hot water for co-opting the US company’s logo. Under Armour uses a U over an inverted U that intersect to form a stylised A. Uncle Martian has the same two-U configuration, but the letters do not […]

Retail Asia12/10/2015

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Unfazed by the country’s economic slowdown, luxury shoppers on the Chinese mainland have increased their purchases online as a range of e-commerce options provide attractive deals – from cosmetics and clothes to cars and property. That trend was uncovered from a joint survey of 10,150 luxury consumers in China by global professional services giant KPMG, online luxury […]

Tag: weibo

Huawei announces P50 Pocket foldable flip phone will be unveiled

Chinese social media Weibo closes 7% lower in Hong Kong debut

Crypto Exchange Searches Blocked in China

Weibo Closes Social Media Accounts for Investment Fraud

More Chanel Flagship for Asian Shoppers

Elliatt launches first brand store in China

Tencent brand is still China’s most valuable

Hugo Boss China focus online

Esprit Holdings moves out of the red

Moiselle International losses mount

After Death of Thai King, Luxury Market Wavers

Connecting with the traveling Chinese shopper

Under Armour in trademark fight with Uncle Martian

Luxury shoppers in China spending 28 per cent more per online purchase than in 2014, study shows