Chinese sportswear brand 361 Degrees announced its operational overview for the fourth quarter of 2016, and stated that the company's main brand achieved an individual store sales increase of 7.5%; and its individual store sales…Read More
Kidswant, a Chinese one-stop shopping service provider for child, baby and maternity products, has signed a strategic cooperation agreement with Wyeth in Nanjing, headquarters of the Chinese company.
French sports supplies retailer Decathlon will open a new flagship store in Luoyang, Henan province, which will become the company's largest flagship store in Central China.
South Korean apparel brand Eland plans to develop ten shopping centers in China before the end of 2016.
Hong Kong online fashion retailer Grana announced that the company has raised USD10 million in their latest round financing, which was led by Alibaba Entrepreneurs Fund.
Japanese sports equipment brand Asics opened its first Chinese experience store in Shanghai.
Adidas has opened its first football flagship store in the world in southern China's Guangzhou Teemall.
China's Fosun International will reportedly acquire French apparel brand IRO.
American light luxury brand Michael Kors has invested USD500 million in the acquisition of Michael Kors (HK) Limited, the exclusive licensee of Michael Kors in China and certain other regions in Asia.
H&M announced that its global net profit for the first quarter of 2016 decreased by 30% year-on-year to SEK2.55 billion. Yet, the company will still open more retail stores in China in 2016.