Tag: Retail
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Changes in Silk Street Market
The description of Silk Street Market in English Wikipedia stopped in 2009. Many foreign tourists still have unrealistic fantasies about Silk Street Market.
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Young Chinese Consumers No Longer Worship International Brands
In recent years, Chinese consumers prefer their own brands to international brands, as happened in Japan in the last century.
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MiniSo, China’s most successful retailer overseas, is about to go public
1600+ overseas stores. No retailer from China has ever achieved such a result overseas. Now, Miniso is planning to list on the New York Stock Exchange.
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According to the latest report, Chinese consumers still love luxury goods
On September 23, 2020, Boston Consulting Group and Tencent Marketing Insight jointly released the Insight report on the Digital behavior of Chinese luxury consumers. Despite the impact of the COVID-19 epidemic, China’s luxury goods market will grow by 20% in 2020, according to the report. According to the market heat curve in the report, China’s luxury…
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How does two-dollar store MiniSo from China succeed?
#MiniSo is probably China’s best-known retail brand overseas, with more stores overseas than all other Chinese retail brands combined. But many consumers may mistake it for being from Japan.
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A brief history of convenience stores in China
Convenience stores have a special status in Asia. Because of the dense population and crowded workplaces, convenience stores are necessary places for people to gain food, daily supplies and short breaks. Around the world, there are many well-known convenience store brands, such as 7-11, CU and Lawson, but they all seem to be from Japan…