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Why a Small EV Made in China Is Impacting the Global Vehicle Industry

Retail Wire

The BYD Seagull, manufactured in China, is a small fully electric hatchback with a starting price of 69,800 yuan (less than $10,000), and it could disrupt the automotive industries across the globe due to its attractive price tag and the fact that BYD is reportedly profiting from it.

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The Global Reach and Sustainable Impact of Green RFID Technology

Retail TouchPoints

It is a technology that uses radio waves to read information stored in an antenna — at retail, this is most commonly placed in a sticker or tag — without requiring physical contact or a line of sight. After all, some RFID tags are as cheap as 4 cents a unit , meaning they can be significantly cheaper than the potential loss.

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Louis Vuitton picks Shanghai for first furniture and homewares store

Inside Retail

While no price tags were on show at the store during a media preview, a Louis Vuitton employee said a brightly hued hanging cocoon chair designed by the Campana brothers is priced at more than US$97,860 and a small lamp resembling a glass milk bottle encased in leather straps cost $1,452.

Consumer 246
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Why bricks-and-mortar is still critical in China

Inside Retail

Cue the recent unveiling of the immersive Life Store concept from smartphone giant Honor, located on the historic Bell Tower Street in Taiyuan, China. Interestingly, Chang mentioned that the “Made For China” mindset which is all about instilling national pride among its populace, has been dialled up recently. The rise of RFID.

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Shein chooses Tokyo for its first permanent store in the world

Inside Retail

Customers can purchase products by scanning the QR code on the tag through the Shein app. Founded in 2008, Shein sells online in more than 150 countries and regions, mainly in the US and Europe, but not its home market China, where it produces its clothing.

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From resale to recycled steel, Swiss watches adapt for the next generation

Inside Retail

The likelihood of purchasing a pre-owned watch in the coming year was highest in China and the UAE, both 62 per cent, followed by Hong Kong at 44 percent. In China, D2C channels are strong, with luxury companies selling through platforms such as WeChat, their mini programs and Tmall Luxury Pavilion.

Consumer 263
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Livestreaming in the U.S. isn’t Dead, it’s Just Happening in the Wrong Place 

Retail TouchPoints

Billed as the next big thing in digital commerce — based largely on the format’s huge success on social platforms in China — both TikTok and Facebook have made headlines in recent months with reports of scalebacks in their live shopping plans stateside. Isn’t China. The revenues of livestream commerce in China versus the U.S.