China: latest retail news, insights and analysis | ESM Magazine

Walmart Says Higher China Tariffs Will Increase Prices For US Shoppers

Walmart Inc has said that prices for shoppers will rise due to higher tariffs on goods from China as the world's largest retailer reported its best compara...

Alibaba Revenue Beats Estimates On Cloud Boost

China's Alibaba Group Holding Ltd beat analysts' estimates for fourth-quarter revenue on Wednesday, boosted by growth in its core e-commerce and cloud comp...

China's New Slaughterhouse Rules Keep Lid On Pork Prices For Now

China's pork prices are being kept in check even as pig production continues to drop, with tough new rules on slaughterhouses crimping trade and pushing fr...

US Plans More Aid For Farmers Amid China Trade Spat

US Agriculture Secretary Sonny Perdue has said that President Donald Trump asked him to create a plan to help American farmers cope with the heavy impact o...

Nestlé, Rivals Vie For Big Baby Formula Prize In China's Smaller Cities

Nestlé plans to launch a new line of baby formula in China this year under an existing brand, targeted at smaller cities, as the world's largest pac...

Illycaffè Sees Net Profit Growth Of 39.1% in FY 2018

Italian coffee company Illycaffè has posted a 39.1% growth in net profit, to €18.1 million, for the 2018 financial year. Normalised net prof...

Chinese Wine Imports ‘Crash’ Due To Economic Slowdown, US Trade War

Wine imports to China saw a ’sharp decline’ towards the end of 2018, after steady growth for ten years, new data from the IWSR Drinks Mark...

New Coffees, Delivery Push Starbucks Quarterly Sales

Starbucks Corp raised its full-year profit forecast and beat Wall Street estimates for quarterly same-store sales, as its new Cloud Macchiato, Matcha tea a...