Wanchen’s asset-light model, rapid turnover, and high leverage keep its equity base small and shareholder returns elevated.

Pop Mart readies a flagship store in New York City as Luckin Coffee moves into former Starbucks locations.

The company expects margins to improve as delivery subsidies normalize and operating efficiency increases.

The online fashion retailer could make its public market debut as early as August.

The US e-commerce giant is phasing out fulfillment services as it trails far behind regional players.

Meituan Youxuan’s shutdown ended a subsidy war and opened a new phase in China’s retail competition.

The tea chain is bringing HPP juices to retail shelves, using its supply chain to compete on price.

The Chinese sportswear brand is counting on Curry Brand becoming a long-term global asset.

Li-Ning offers something harder to match than money: room to make Curry Brand the centerpiece.

After reaching 1,000 stores, the brand sees little time left before competition hardens.