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Zara China

65% of Luxury Retailers Missing China Targets Amid Anti-Corruption Drive

Zara China

2014/03/04 by Michael Cole Leave a Comment

Zara is in and Prada is out as Xi Jinping’s crackdown on corruption is starting to cause problems for high-end brands in China. According to a recent market survey 65 percent of luxury retailers failed to reach their targets for… Read More>>

Zara is in and Prada is out as Xi Jinping's crackdown on corruption is starting to cause problems for high-end brands in … Read more>>>

Apple store China Central Mall

Apple’s 11th China Store May Be on the Way in Wuxi

Apple store China Central Mall

2014/02/18 by Michael Cole Leave a Comment

China’s love affair with Apple products may be gearing up for expansion into the country’s second tier cities. At least if the company’s recruitment ads are any indication.

According to a report in the China Daily today, Apple is advertising… Read More>>

China's love affair with Apple products may be gearing up for expansion into the country's second tier cities. At least … Read more>>>

Grand Canyon Mall Beijing

Revenues Down 8.7 Percent as CapitaMalls Slows China Expansion

Grand Canyon Mall Beijing

2014/02/13 by Michael Cole Leave a Comment

Revenues for Singaporean retail developer CapitaMalls Asia dropped 8.7 percent during the fourth quarter of 2013, due mainly to a slow down in China, the company said in a statement this week.

According the most recent financial results for the… Read More>>

Revenues for Singaporean retail developer CapitaMalls Asia dropped 8.7 percent during the fourth quarter of 2013, due … Read more>>>

china louis vuitton

China Anti-Corruption Drive Hits Luxury Brands and Landlords

china louis vuitton

2014/02/11 by Michael Cole Leave a Comment

Global luxury brands and the mall developers that love them have hit hard times in China as Xi Jinping’s anti-corruption campaign has seen shoppers desert high end stores.

According to a recent report in the South China Morning Post, many… Read More>>

Global luxury brands and the mall developers that love them have hit hard times in China as Xi Jinping's anti-corruption … Read more>>>

Foreign Retailers Shift Away from Prime Areas as HK Rents Rise

2014/01/23 by Syndicated Content Leave a Comment

Hong Kong’s retailing landscape is changing. With the competition for space in the city’s traditional retail districts–Central, Causeway Bay, Tsimshatsui and Mongkok–driving rents to eye-watering levels, foreign retailers are increasingly shifting their focus to shopping centres in the New Territories. Fast fashion brands such as Uniqlo, Gap, H&M and Zara have been leading the trend but others are following.

In addition to capturing a share of the growing Mainland-shopper market, retailer interest is also being attracted by growing local populations resulting from the completion of new residential developments.

Hong Kong's retailing landscape is changing. With the competition for space in the city's traditional retail … Read more>>>

Retail Table

Shanghai is Asia’s Hottest Retail Location, But HK Still Costs 4x More

Retail Table

2013/12/12 by Michael Cole Leave a Comment

Two out of the region’s five hottest shopping districts are in Greater China, with the mainland set to be the centre of growth, according to a report released today by real estate consultancy Jones Lang LaSalle.

A decade ago many… Read More>>

Two out of the region's five hottest shopping districts are in Greater China, with the mainland set to be the centre of … Read more>>>

China shopping grows

China Now Asia’s Largest Retail Market as Consumption Grows

China shopping grows

2013/12/02 by Michael Cole Leave a Comment

China is now Asia’s largest retail economy with sales of US$1.7 billion forecast for 2013, making the country the primary target for expanding international retailers, according to a report published today by real estate consultancy Cushman & Wakefield.

The report,… Read More>>

China is now Asia’s largest retail economy with sales of US$1.7 billion forecast for 2013, making the country the … Read more>>>

Asia Retail Rentals

Beijing’s Wangfujing Now Among Asia’s 10 Priciest Retail Locations

Asia Retail Rentals

2013/11/22 by Michael Cole Leave a Comment

China’s growing taste for shopping is pushing up retail rents in the world’s second-largest economy, and now a global survey has confirmed that in at least one key district, the cost of securing shop space is among the ten highest… Read More>>

China's growing taste for shopping is pushing up retail rents in the world's second-largest economy, and now a global … Read more>>>

Jack Ma and Wang Jianlin

Jack Ma Takes in $5.75 Bil – And Takes on China’s Real Estate Barons

Jack Ma and Wang Jianlin

2013/11/18 by Michael Cole Leave a Comment

Not satisfied with sales of RMB 35 billion ($5.75 billion) over his e-commerce sites on a single day, Internet billionaire Jack Ma has decided to take on China’s real estate industry. For the good of the people, of course.

Turning… Read More>>

Not satisfied with sales of RMB 35 billion ($5.75 billion) over his e-commerce sites on a single day, Internet … Read more>>>

De Niro Signs Deal to Bring Hollywood Luxury to Shanghai’s Historic Bund

2013/10/25 by Michael Cole Leave a Comment

What does it indicate for Shanghai real estate when Asia’s richest man is selling assets, at the same time that Hollywood movie stars start making investments?

Academy award winning actor Robert De Niro announced today that he and several US-based… Read More>>

What does it indicate for Shanghai real estate when Asia's richest man is selling assets, at the same time that … Read more>>>

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