Fashion brand Burberry gets a new CEO, as Burberry’s chief executive, Angela Ahrendts move to Apple in 2014. But retail analyst Shaun Rein is not sure current Chief Creative Officer Christopher Bailey would be the best choice to move business in China, he tells in HITC Business. Read More →
+Shaun Rein (Photo credit: Fantake) E-commerce in China is growing 50 percent each year, but US retailers like Macy and Neiman Marcus are scaling back their online operation in the country. Retail analyst Shaun Rein explains in the WSJ that US companies mostly lack brand equity and focus at the wrongRead More →
Apple’s new iPhones are not getting the buzz the Apple products used to get in the past, tells business analyst Shaun Rein in Bloomberg. It might a against the bible of Steve Jobs, but it would help if they would listen to their users. And the fingerprint technology is not helping either.Read More →
Shanghai-based Retail analyst Shaun Rein takes Reuters on a cool brand tour in his city, as Apple keeps on losing its position. A few of the winners in this entertaining video: Starbucks and Adidas.Read More →
While consumer confidence in China might be high in general, the so-called middle class – earning between 6,000 and 115,000 US dollar per year – are fairly pessimistic, explains business analyst Shaun Rein at CNBC. Mid-tier consumer brands are being hit, he predicts.Read More →
China consumers are outspending the moderate GDP growth, but underlying changing undermine the big players in retail, as the sales increasingly go to the little guys, including e-commerce, writes retail analyst Paul French in the China Economic Review.Read More →
The French L’Oreal groups bought China’s leading facial masks group Magic Holdings. A brilliant move, says retail analyst Ben Cavender in the China Daily, in a fast growing market segment.Read More →
Adidas is gaining ground on the China market leader for sport articles. While Nike focuses on the big stars, Adidas is winning because of a marketing strategy that focuses much more on the lifestyle of ordinary users, tells retail analyst Ben Cavender in AdAge.Read More →
China has become a major market for film fans, but increasingly their taste is going into the direction of domestic movies, leaving Hollywood blockbusters behind, tells business analyst Ben Cavender at the WSJ. How domestic movies makers changed from an underdog into a winner on the China market.Read More →
Paris and Europe in general are losing track as hot spots for buying luxury goods, as the crisis hits China’s middle class, and consumers move from luxury goods to lifestyle, tells business analyst Shaun Rein in WSJ. “Why buying expensive goods, if you cannot have clean water and air?”Read More →
For the first time in a decade growth of luxury goods in China has stalled, as inflation is larger than the recorder growth, says China’s rich list founder Rupert Hoogewerf, and composer of the China Luxury Goods Price Index in the Shanghai Daily. Causes: the fight against corruption and the economic downturn.Read More →
China-bashing occurs in the odd years, notes China analyst Arthur Kroeber in ChinaFile, because in the even years – election years – US politicians have to focus on problems American really care about. This week, in 2013, the US Senate scrutinized the Smithfield-Shuanghui pork deal, one of the more sillier problems in US-China relations, writes Kroeber.Read More →