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Evergrande To Build 200 Cinemas In Five Years in Race to Rival Wanda

2018/02/15 by Shawna Kwan Leave a Comment

An affiliate of top three Chinese developer Evergrande has vowed to open 200 cinemas in China — nearly doubling its total number of movie theatres in the coming five years, while adopting a new locally produced technology to rival the… Read More>>

An affiliate of top three Chinese developer Evergrande has vowed to open 200 cinemas in China -- nearly doubling its … Read more>>>

Ping An-Backed Outlet Mall Developer Plans $453M Singapore REIT IPO

2018/02/12 by Shawna Kwan Leave a Comment

Chinese retail developer and operator Sasseur Group, which is backed by Ping An Real Estate and Warburg Pincus, plans to cash in on its collection of four mainland outlet malls by listing a real estate investment trust on the Singapore… Read More>>

Chinese retail developer and operator Sasseur Group, which is backed by Ping An Real Estate and Warburg Pincus, plans to … Read more>>>

Singapore’s Suntec City Hopes to Hook Up With 3 Mil Mainland Visitors Via Jack Ma’s Alipay

2018/02/10 by Shawna Kwan Leave a Comment

Nearly three million mainland visitors showed up in Singapore during the first 11 months of last year, and one of the city’s biggest shopping centres is angling to capture more of that PRC cash through a tie-up with Jack Ma’s… Read More>>

Nearly three million mainland visitors showed up in Singapore during the first 11 months of last year, and one of the … Read more>>>

Bubble Tea and Lipstick in the Mix as Pradera Lures China’s Post-Millennials Back to East Nanjing Road

2018/02/06 by Shawna Kwan Leave a Comment

One of the best-known retail centres from Shanghai’s 1930s heyday may soon be pulling China’s post-millennial shoppers back to what was once China’s hippest retail centre. As part of a revival of a heritage department store on Shanghai’s historic East… Read More>>

One of the best-known retail centres from Shanghai's 1930s heyday may soon be pulling China's post-millennial shoppers … Read more>>>

Alibaba Makes Make-Up Shoppers Smarter With Virtual Reality Dressing Room in Hangzhou

2018/02/06 by Shawna Kwan Leave a Comment

Indecisive shoppers can now sample, try out and purchase lipstick, mascara and other cosmetics in the dressing room armed with just a smartphone, but only in the eastern Chinese city of Hangzhou.

The virtual reality make-up trials are a real… Read More>>

Indecisive shoppers can now sample, try out and purchase lipstick, mascara and other cosmetics in the dressing room … Read more>>>

AI-Driven Store is All Done After Abbreviated Debut in Chengdu

2018/02/05 by Shawna Kwan Leave a Comment

While artificial intelligence and facial recognition may be the road ahead for physical retail, the promise of online efficiency and future growth may not yet have made it to Chengdu, at least for one retailer.

GOGO unmanned market, the first… Read More>>

While artificial intelligence and facial recognition may be the road ahead for physical retail, the promise of online … Read more>>>

Dalian Wanda Wang Jianlin

Tencent, JD.Com, Suning and Sunac Bet $5.4B on Transforming Wanda into O2O Giant

Dalian Wanda Wang Jianlin

2018/01/29 by Michael Cole Leave a Comment

Wanda boss Wang Jianlin has been selling properties in the UK, Australia and mainland China to help lessen his debt load, and now the owner of China’s biggest commercial developer is selling off nearly 14 percent of his flagship commercial… Read More>>

Wanda boss Wang Jianlin has been selling properties in the UK, Australia and mainland China to help lessen his debt … Read more>>>

Tencent Teams Up With Carrefour China to Expand O2O Offering

2018/01/24 by Shawna Kwan Leave a Comment

Chinese tech giant Tencent is eyeing an investment in Carrefour China alongside Shanghai-listed supermarket chain Yonghui Superstores, said French retailer Carrefour in a press release.

Under the terms of the non-binding agreement, the company that rules China’s social media world… Read More>>

Chinese tech giant Tencent is eyeing an investment in Carrefour China alongside Shanghai-listed supermarket chain … Read more>>>

Prada Takes Pop-Up Shop on Asia Tour, Starting in Macau

2018/01/24 by Shawna Kwan Leave a Comment

Prada is stepping up its marketing efforts in Asia by opening a pop-up store in Macau, which the Italian luxury fashion brand will bring to other cities in Greater China and abroad during the Chinese New Year holidays.

By setting… Read More>>

Prada is stepping up its marketing efforts in Asia by opening a pop-up store in Macau, which the Italian luxury fashion … Read more>>>

Nick Loup Grosvenor

Hermès Said Selling Floor in Hong Kong’s The Galleria to Chelsfield for $115M

Nick Loup Grosvenor

2018/01/22 by Shawna Kwan Leave a Comment

British property developer Chelsfield is said to be buying the ground floor of The Galleria, a shopping centre in Hong Kong’s Central commercial hub, from French luxury brand Hermès for HK$900 million ($115 million), according to a local media report.

… Read More>>

British property developer Chelsfield is said to be buying the ground floor of The Galleria, a shopping centre in Hong … Read more>>>

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