China’s first quarter results are in and the career story for Greater China’s real estate professionals seems to be a barrage of promotions, rather than layoffs – so it seems like the mainland’s stimulus program might be working. This week… Read More>>
Mainland Shopping Goes Suburban as Outlet Malls Open
While strolling through Plaza 66 on a Saturday may still look sexy, China’s label-conscious consumers are rapidly discovering one of the staples of suburban America – the outlet mall.
According to a statement from London-based outlet mall developer Value Retail,… Read More>>
65% of Luxury Retailers Missing China Targets Amid Anti-Corruption Drive
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>>