China Consumer « Week In China - Part 3

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China Consumer

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Why Laoganma says “no” to an IPO
Dec 14, 2018 (WiC 435)

One of the greatest surprises during New York Fashion Week in September was the debut of a hoodie – sold at a pop-up store on Broadway – that celebrated China’s best-known chilli paste Laoganma. The garment featured a portrait of its 71 ...

A case study in how to blow-up a brand in the Chinese market
Nov 30, 2018 (WiC 434)

Dolce & Gabbana has form when it comes to causing a fuss in China. One notable blunder happened in January 2012 at D&G’s flagship store in Hong Kong, following claims that the retailer would prevent the locals – but not mainland ...

Conflicting indicators on whether the Chinese consumer is in retreat
Nov 23, 2018 (WiC 433)

The reshuffle in Hong Kong’s benchmark Hang Seng Index (HSI) often reflects more fundamental changes in the Chinese economy. Take Tingyi. The biggest cup noodle producer in China was replaced by AAC Technologies, a key parts supplier to ...

China’s fascination with jade has an 8,000-year history
Nov 23, 2018 (WiC 433)

In his Book of the Marvels of the World, Marco Polo described Xinjiang’s Hotan as a land of milk and honey. The oasis town was part of a province nourished by a waterway remarkable for “chalcedony and jasper galore” in its river ...

Takeaways from this year’s Singles’ Day
Nov 16, 2018 (WiC 432)

Mariah Carey was there, as was retired basketball star Allen Iverson and Australian supermodel Miranda Kerr. A Chinese pop group called CY Girls performed a song called Wanna Buy, Wanna Buy. The title offers the best clue to where all ...

Bytedance, the $75 billion ‘upstart’, now wants to challenge Alibaba as well
Oct 26, 2018 (WiC 429)

For every successful business venture, there are often several dozen failures. That’s especially true in China’s e-commerce industry. While Pinduoduo, the Tencent-backed start-up that married social media with group buying, became an internet ...

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 ...

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