Duty-free giant CTG plays hardball to win shop contracts in Shanghai airports
The company’s spat with one of its own subsidiaries highlights the importance of airport outlets for duty free operators struggling with sluggish business in a slowing economy Key Takeaways: CTG…
CTG bears brunt of China’s duty-free sales slump in Hainan
The duty-free shop operator’s revenue and net profit fell in the first half of this year as duty-free sales dropped on Hainan island, a major tourism hotspot Key Takeaways: CTG…
CHINA BULLETIN: No Fun for European Firms in China
In this week’s issue European businesses get glum on China, consumers write off June 18 shopping fest and a three-week stock rally crashes. On a scale of 1 to 100, we give the week a 40 for offshore-listed China stocks.
No Happiness in ‘Double 11’ Shopping Fest for Depressed Alibaba
The e-commerce giant may record its first-ever sales decline in this year’s ‘Double 11’ online shopping extravaganza as its shares sink to their 2014 IPO level Key Takeaways:Alibaba's merchandise sales…
Could ‘Double 11’ Festival Players Post Their First-Ever Sales Declines?
A combination of macro headwinds and cutthroat competition could make it difficult to achieve another year of substantial growth By Chan Ka Po Now in its 14th year, the Nov.…
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