Yum! Brands, Inc. announced plans to appoint Micky Pant as new chief executive officer of its China business division.Read More
Japanese convenience store brand Lawson and Chinese third-party payment platform Alipay recently reached a deal to deploy mobile payment services at Lawson's retail stores.
Starwood Hotels & Resorts Worldwide Inc. announced three Element hotels are planned in Greater China to open over the next four years.
Parkson Retail Group and South Korea's Eland Group have established a joint venture which will open the first City Lifestyle Mall in China.
U.S.-based Macy's Inc. has formed a joint venture with Hong Kong's Fung Retailing Limited to explore retail opportunities in China.
China's Alibaba Group announced that they have signed exclusive cooperation agreements with over 20 apparel brands, including Zara and Timberland.
Chinese B2C e-commerce provider JD Group and supermarket retailer Yonghui Supermarket announced an O2O strategic agreement under which JD Group will acquire a 10% stake in Yonghui Supermarket for CNY4.3 billion.
China's Alibaba Group Holding Limited will invest approximately CNY28.3 billion for a 19.99% stake in Suning Commerce Group Limited.
Luxury retailer Burberry recently upgraded its Chinese e-commerce inventory system to accomodate online and offline inventory sharing.
Hong Kong's fourth Apple Store has opened in Kowloon.