Sephora launches flagship site on China’s Tmall
Sephora has announced the launch of its Sephora Tmall Global Flagship Store in partnership with China’s Alibaba-owned e-commerce platform Tmall.
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JD.com sees revenue climb 20.7 percent as COVID-19 sends shoppers online
JD.com has announced its results for the first quarter of fiscal 2020. The Chinese tech and e-commerce behemoth saw revenues climb 20.7 percent year-on-year in the three months to March 31, 2020, to RMB146.2 billion.
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Estée Lauder launches Home Concierge service as Singapore’s ‘Circuit Breaker’ measures continue
Estée Lauder has launched a new Home Concierge service in Singapore in a bid to target consumers locked down due to the country’s Circuit Breaker strategy during the coronavirus pandemic.
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Shanghai ushers in shopping festival to boost economy
Shanghai’s administration has conceived a novel way to boost economic activity in the wake of the coronavirus. The Chinese city is staging a two-month-long shopping festival, named Double Five Shopping Festival, according to a report published by WWD.
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Chanel launches online beauty pop-up store in Hong Kong
Chanel has launched an online pop-up store in Hong Kong, which will feature beauty items such as make-up, skincare and fragrance.
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Meituan ups inventory to include Sephora as e-commerce booms
China’s leading food delivery service Meituan is expanding rapidly in a bid to compete with e-commerce giants Alibaba and JD.com, according to a report published by Tech Node.
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Loft plans first Chinese store for July
Loft is said to be preparing to open a store in China, according to a report published by the Japan Times.
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Space NK closes Chinese retail outlets amid coronavirus turmoil
Space NK has closed all retail outlets in China, according to WWD.com.
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Huda Beauty sells out in seconds on Tmall Global launch
Huda Beauty’s stock of Mercury Retrograde eyeshadow palettes is said to have sold out in seconds upon the brand’s launch on the Tmall Global platform in China, according to a press release published by e-commerce behemoth Alibaba.
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South Korea’s manufacturing sector records lowest output in 9 years
South Korea’s manufacturing sector reported a 3.8 percent month-on-month drop in output for February, 2020 – it’s sharpest dip since the 2008 recession, according to a report published by Yonhap News.
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