A visitor checks out products of Bear Electric Appliance Co Ltd during an expo in Shanghai on May 12. [Photo/China Daily] Chinese small home appliance makers are accelerating steps to expand their footprint in emerging overseas markets and increasing investment in localized research and development as part of a broader push to bolster sales globally … Continue reading Home appliance makers eye bigger global reach
Tag: consumers
JD to expand trade-in deals to boost consumption
A logo of Chinese e-commerce giant JD. [Photo/IC] Chinese e-commerce platform JD and its partners will invest 6.5 billion yuan ($900 million) this year to encourage consumers to upgrade their refrigerators, televisions, other consumer durables and home furnishings through trade-in deals, as part of the country’s broader efforts to bolster domestic consumption. China is encouraging … Continue reading JD to expand trade-in deals to boost consumption
China Gold Association urges franchisee scrutiny after closure in Beijing
Gold jewelry enterprises should continue enhancing scrutiny during franchisee admissions, standardizing business processes and institutional development, said the China Gold Association in response to the recent sudden closure of a Beijing-based franchise of China National Gold Group Gold Jewelry, one of China’s central enterprises in the gold industry. The gold enterprises should conduct regular store … Continue reading China Gold Association urges franchisee scrutiny after closure in Beijing
Nike’s Jordan enjoys above-rim revenue in nation on rising demand
The landscape of sportswear has evolved, with more brands venturing into the realm of luxury. This shift is a response to the rising demand for high-quality, stylish athletic apparel and footwear. The trend’s recent example is the opening on March 23 of World of Flight, a top-end retail concept of the Jordan Brand — a … Continue reading Nike’s Jordan enjoys above-rim revenue in nation on rising demand