China Consumer « Week In China

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China Consumer

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Is Chinese consumer confidence on the wane?
Sep 21, 2018 (WiC 425)

After the success in China of KFC and McDonald’s, US burger chain Shake Shack is hoping to emulate them by opening its first outlet in Shanghai in early 2019. The debut outlet in Xintiandi, where Pizza Marzano (the name used in China by Pizza ...

Japan’s Shiseido profits from Chinese tourists
Sep 7, 2018 (WiC 423)

In today's fame-obsessed world, celebrity endorsements can be an important influencer in selling consumer goods and services. But while there is no question that a famous face can boost awareness of a product, there are perils in choosing the ...

Education stocks have become a hotspot for Chinese investors
Aug 31, 2018 (WiC 422)

The allure of an Ivy League education is compelling for some Chinese tycoons, although their tendency is to make donations to the schools in question rather than necessarily study at them. Five years ago Harvard received an undisclosed amount ...

Alibaba’s Ele.me ups the ante in battle with Tencent-backed Meituan
Aug 17, 2018 (WiC 420)

The Peloponnesian War, fought between two of Greece’s leading city-states – Athens and Sparta – in 431–404 BC, was believed by Thucydides to be the most significant conflict in antiquity. For one thing, it drew the rest of the Hellenic ...

Ofo rolls back overseas operations
Jul 27, 2018 (WiC 419)

“Presence first, profits second” summarises the mindset of much of China’s sharing economy. For example, Didi and Uber’s China unit both ploughed cash into subsidising fares in a bid to attract more customers. The price war only ended in ...

Victoria’s Secret to face off with a Chinese rival advised by its former CEO
Jul 27, 2018 (WiC 419)

A gap in Hong Kong’s retail landscape was filled last week when Victoria’s Secret finally opened one of its flagship stores in the city (Shanghai got one nearly 18 months ago). To drum up interest for its newest store – which spans 50,000 ...

Less than a year old, coffee chain Luckin is challenging Starbucks
Jul 20, 2018 (WiC 418)

When Chinese coffee start-up Luckin Coffee said it was filing a lawsuit against Starbucks in May, the American chain dismissed the move as a publicity stunt (see WiC406). Luckin accused Starbucks of shutting out competitors by demanding ...

Can Want Want overcome its ‘mid-life crisis’?
Jul 13, 2018 (WiC 417)

Want Want found its formula for marketing success early in China and didn’t vary it much after opening its first factory in Hunan in 1992. For decades the maker of rice crackers and canned fruit milk has festooned its products with the logo of ...

Younger Chinese men are becoming big buyers of cosmetic products
Jun 29, 2018 (WiC 415)

Han Wei takes about half an hour to complete his seven-step grooming routine every morning. At his dressing table there is facial cleansing milk, toner, serum, moisturiser, eye cream and an eye massage stick. “The skin around my eyes is ...

Flagging energy drink maker Jianlibao revives two-decades-old IPO plan
Jun 22, 2018 (WiC 414)

One of the more poignant scenes in Zhang Yimou’s Not One Less, a movie that depicts rural poverty in 1990s China, is a portrayal of 26 children sharing two cans of Coca-Cola between them. But for Li Jingwei, founder of energy drink company ...

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