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

Walmart Shifts To India, Cuts China Imports

Walmart is importing more goods to the United States from India and reducing its reliance upon China as it looks to cut costs and diversify its supply chai...

Campari Partners With China’s Wuliangye

Italian spirits company Campari has formed a strategic partnership with Chinese liquor producer Sichuan Yibin Wuliangye Group to jointly boost their presen...

Rugby League 'Most Lucrative' For Sports Sponsorship Revenue In APAC This Year, Study Finds

Rugby league emerged as the most lucrative market for non-alcoholic beverage brands engaged in sports sponsorship within the APAC region in 2023, a new stu...

Top 10 Retailers In China And Hong Kong

ESM looks at the top ten retailers in China And Hong Kong, according to the Deloitte Global Powers of Retailing 2023 report.

Maersk Enters Deal For Half A Million Tonnes Of Green Methanol Annually

Maersk has entered into the shipping industry's first large-scale agreement for green methanol from China's Goldwind.

Nestlé Launches First Product With HMOs In China

Nestlé has announced the launch of a 'growing-up milk' solution containing HMOs (Human Milk Oligosaccharides) for early life nutrition, in mainland...

France Raises Non-EU Wheat Export Forecast, But Stocks Still Swell

FranceAgriMer has raised its forecast for French soft wheat exports outside the EU in 2023/24, but also lifted its season-end stocks estimate to a six-year...

China's 'Singles Day' Wraps Up With E-Commerce Giants Reporting Sales Growth

China's largest e-commerce player Alibaba Group said it recorded year-on-year growth over this year's 'Singles Day' sales period, while rival JD.com report...