Retail Business Weekly "Hot"
Double 11 first wave of battle reports:
Tmall Double 11 The first wave of battle reports breaks multiple records
90 and after 00 contribute nearly 50% of the share in the live broadcast room
zz over 7 million overseas Chinese on Tmall 1011z4 Suning: Local tyrants orders in county and town markets increased by 6 times
Jingdong's full-day turnover increased by over 90% year-on-year
Blockbuster projects:
Suzhou High-speed Railway Wuyue Plaza, Yancheng Dafeng Wuyue Plaza opened
Urumqi shanshan Outlets The opening of the plaza
Sunac Snow World will land in Liudong New District, Liuzhou
ABS News:
Jinmao Commercial 1.118 billion yuan ABS passed
Hangzhou Xintiandi 4.001 billion ABS passed
, a large enterprise in Hong Kong seeking
News
Sunac service opened today Hong Kong IPO bookkeeping
Gree Real Estate plans to acquire Zhuhai duty-free
zzzz
- zzz, the first new store in the US Stüssy China’s first store opened in December
Costco Hangzhou store address may change
Brand events:
Nike China plans to lay off nearly 20%
La Chapelle four times a year to replace the president of “
z30 4 years zzzzzz1” zzzzzz1, the president of the company, nearly one hundred and sixty-three zzzzzz1, nearly one hundred and sixty-three zzzzzz1 zzzz1 Loss Starbucks announced that it will close 200 more stores
Swarovski will lay off 6000 employees
Double 11 Special Issue
1
Tmall Double 11 First wave of battle report: set multiple records, top ten beauty makeup accounted for 7 seats z3 double 4zz Pre-emption started on November 1, and the first wave of battle reports broke multiple records: 100 brands sold over 100 million in 111 minutes; opening 1 hour, 11 One million people rushed to grab Huawei and iPhone; the top ten beauty products accounted for 7 seats; 100,000 offline home improvement stores increased revenue by an average of 20,000 yuan; 1,142 brands of small household appliances rose 1000% in one hour.
2
Tmall Double 11 first wave sales period: new products broke out, post-90s and post-00s contributed nearly 50% of the share in the live broadcast
Tmall Double 11 first wave sales period, there were 357 new brands in the sub-categories Top 1, among them, Perfect Diary, Huaxizi, etc. topped 100 million very quickly. According to incomplete statistics, on November 1, the turnover of more than 1,800 new brands surpassed that of the whole day of 11.11 last year, and 94 new brands increased by more than 10 times. This year's new products can be called a "phenomenal outbreak."
In addition, the post-90s and post-00s contributed nearly 50% of the consumption share in the live broadcast room. Live broadcast consumption of post-90s increased by 230% year-on-year, and post-00s increased by 389%.
3
Tmall Double 11 Star Show Cat peripheral new products are on sale. Pillows and sweaters are sold out in less than 1 minute.
On November 4, Tmall Double 11 Star Show Cat peripheral new products are officially on sale. The first stock of the big head cat pillow and the Sanlian cat sweater was sold out in less than one minute. Wu Chenliang, the person in charge of Taobao Heart Selection Xingxiu Cat peripheral project, said that through data, young women have the highest enthusiasm for Xingxiu Cat interactive play.
Picture source: Barley Express
4
Over 7 million overseas Chinese went on Tmall Double 11 to buy, buy, buy, buy, buy, buy, buy, buy, buy, buy, buy, buy, domestic and beauty products, and the transaction volume increased by more than 10 times. Chinese people go to Tmall Double 11 to buy goods. Among them, the most popular is domestic cosmetics, with a sales growth of over 10 times, ranking first in sales growth.
5
CIIE opens official flagship store on Tmall for the first time to participate in Tmall Double 11 event
A few days ago, CIIE opened an official flagship store on Tmall, this is its first participation in Tmall Double 11 event. Many products in CIIE stores participated in the Double 11 discount event, and cultural and creative products such as panda dolls, ceramic mugs, bookmarks, etc. were favored by consumers.
6 NetEase Yanxuan announced that it would withdraw from Double Eleven but will launch "annual price cuts".
On the evening of November 4, Netease Yanxuan announced its withdrawal from the "Double Eleven" war. This year, it will not do complex preferential gameplay. The company will be Yanxuan on Double 11. The prepared goods are based on the annual reserve price, and some goods can be guaranteed for a whole year.
7 Suning Double 11 first day battle report: local tyrants orders in county and town markets increased by 6 times
Suning Tesco released the first day of Double Eleven National Carnival, and Suning Tesco’s super buyer’s 150-minute sales exceeded 100 million. Health-quality home appliances and furniture products are selling well, and the sales of knives and cutting board sterilizers, functional sofas, and micro-steaming and baking integrated machines have shown a more than 5 times increase in sales. The total number of "local tyrants orders" of more than 30,000 yuan in counties and towns increased by 6 times year-on-year.
8 JD Double 11 first day battle report: full-day turnover increased by more than 90% year-on-year
At noon on November 2, Jingdong official Weibo announced the first day of 11.11, the first day of red battle report, full-day turnover increased by more than 90% year-on-year. On November 1, core categories such as 3C home appliances and fast-moving consumer goods continued to lead the industry. The total consumption of second- and third-tier markets has soared, with Liaoning Province, Chongqing City, and Jiangxi Province becoming the top three provinces and cities in terms of growth rate.
Real estate articles
✦ project
1 Suzhou High-speed Railway Wuyue Plaza, Yancheng Dafeng Wuyue Plaza opened on November 6
On November 6, Suzhou High-speed Railway Wuyue Plaza and Yancheng Dafeng Wuyue Plaza opened simultaneously. Suzhou High-speed Railway Wuyue Plaza is the first A+-level flagship store of Wuyue brand, with a total volume of 240,000 square meters. It is equipped with 2500 parking spaces and 500 new energy parking spaces. The shopping center is divided into 1 underground to 6 floors above ground. The 5th floor design incorporates "carving" craftsmanship, and the 6th floor has created "Xiuhefang" and "Classical Stage", introducing the first store brand 50+.
Suzhou High-speed Railway Wuyue Plaza
Yancheng Dafeng Wuyue Plaza is the second Wuyue Plaza opened in Yancheng this year. The total volume of the project is 100,000 square meters, and more than 120 Dafeng brands have been entered for the first time.
2
Urumqi Shanshan Outlet Plaza opened on November 5 More than 200 brands entered
On November 5th, Urumqi Shanshan Outlet Plaza officially opened, with a total investment of about 2 billion yuan and an area of 133,200 square meters. It has a commercial building area of 120,000 square meters, and introduces more than 200 international and domestic well-known brands such as COACH, MICHAEL KORS, Ferragamo, FILA Quanjiang’s first direct flagship store, ADIDAS Quanjiang’s largest and latest direct flagship store.
3
Sunac Liuzhou Snow World will land in the convention and exhibition section of Liudong New District, covering an area of about 3000 acres
From November 4 to 6, the Guangxi Cultural Tourism Development Conference was held in Liuzhou. The currently signed Sunac Liuzhou Snow World will land in the exhibition section of Liudong New Area. The Sunac Liuzhou Snow World Project covers an area of approximately 3,000 acres, and will create five major sections of "ice and snow + sports, ice and snow + entertainment, ice and snow + culture, ice and snow + technology, and ice and snow + education".
In the future, Sunac will give top priority to accelerating the construction of three major health and cultural tourism projects, including the Luofen Town theme park.
4 Aegean City Plaza will land in Changsha Economic Development Zone
On November 3, Changsha Economic Development Group Lidu Real Estate Co., Ltd. and Aegean Group signed the "Introduction Framework Agreement". The two parties will be located in the east of East 10th Road, Changsha Economic Development Zone. Block to the south of the roadSet up "Aegean City Plaza". The project plans to invest about 1 billion yuan, with a total construction area of about 130,000 square meters, including about 48,000 square meters of shopping malls, about 43,000 square meters of commercial apartments, and more than 1,000 parking spaces.
5 Take over the Ordos Square, China Resources Vientiane City officially enters Qingcheng to take over Ordos Square, China Resources Vientiane City officially enters Qingcheng
On October 26, China Resources Land announced that it will cooperate with Ordos Group to introduce the land of Xilin Gol South Road (the original site of Ordos Square) to CR Land Top commercial complex-China Resources Mixc. It is reported that the Ordos Square officially started construction in 2011, but after the cap was capped, it was suspended in 2014 due to the break of the capital chain.
Restarted Ordos Plaza reconstruction project renderings
✦ capital
1 Xiamen Powerlong One City 1.503 billion yuan asset support plan successfully issued Xiamen Powerlong One City 1.503 billion yuan asset support plan successfully issued
Xiamen Powerlong One City Asset Support Special Plan It was officially listed on the Shanghai Stock Exchange on October 30, with an issue size of 1.503 billion yuan.
2 Both Jinmao Commercial and Hangzhou Xintiandi ABS were approved by the Shanghai Stock Exchange, and Hangzhou Xintiandi ABS was approved by the Shanghai Stock Exchange.
On November 4, Jinmao Commercial's 1.118 billion ABS project and Hangzhou Xintiandi 4.01 billion ABS project were approved by the Shanghai Stock Exchange.
3 Dalian Wanda Commercial Management intends to issue 4.26 billion yuan of medium-term notes with a coupon range of 5% to 6%. Dalian Wanda Commercial Management intends to issue 4.26 billion yuan of medium-term notes with a coupon range of 5% to 6%.
"Financial Graffiti" news, Dalian Wanda The commercial management group plans to issue the fifth term of medium-term notes for 2020 in the near future, with an issuance scale of 4.26 billion yuan, a maturity of 2+1 years, and a coupon range of 5% to 6%.
4
China Resources Vientiane Life seeks a hearing on the Hong Kong Stock Exchange this week. It plans to raise approximately US$1 billion.
According to the IPO, China Resources Vientiane Life seeks a hearing on the Hong Kong Stock Exchange this week and plans to raise approximately US$1 billion. After the hearing is passed, it is planned to start the pre-road show next week.
5
Sunac Service opens Hong Kong IPO bookkeeping. It is expected to be officially listed on November 19. According to the IPO, Sunac Service will start Hong Kong IPO bookkeeping and conduct a road show on November 6 with a goal of raising 1 billion US dollars. Sunac Services reportedly plans to issue 690 million shares with an offering range of HK$10.55 to HK$12.65. It will be publicly offered from next Monday (9th) to next Thursday (12th), and is expected to be officially listed on November 19.
✦ enterprise
1
Gree Real Estate plans to acquire 100% of Zhuhai’s tax-free shares for 12.2 billion yuan including three-year performance commitment
On November 6, Gree Real Estate announced its intention to acquire 100% of the shares of the tax-free group from Zhuhai State-owned Assets Supervision and Administration Commission and Urban Construction Group, and to GM Invest in non-public issuance of shares to raise supporting funds. The acquisition is accompanied by a performance commitment, that is, the net profit of the target asset tax-free business in 2021, 2022, and 2023 will be no less than 550 million yuan, 641 million yuan, and 747 million yuan respectively.
2
Baolong Commercial intends to allocate and reward a total of 22.5 million shares to Chief Executive Chen Deli
On November 5, Baolong Commercial issued an announcement stating that the company will grant 11.25 million shares to Executive Director and Chief Executive Chen Deli by way of specific authorization to issue and allot new shares. At the same time, 11.25 million shares of Chen Deli were awarded. Powerlong Commercial will hold an extraordinary general meeting on November 24 to make resolutions on the grant of shares.
3
Kaisa's senior management changes Guo Ying, the son of Guo Xiaoqun, was appointed as co-president
On November 5, Kaisa issued an executive change announcement stating that executive director, president and CEO Mai Fan will be appointed as the vice chairman of the board of directors; executive director and chief operating officer Official Li Haiming will be appointed as Co-President; Executive Director and Chairman Guo Xiaoqun in Shanghai (Guo Ying's son) will be appointed as Co-President.
4
Sunshine City announced a number of personnel changes Wu Xiangdong resigned as independent director
On November 4, Sunshine City announced a number of personnel changes. Wu Xiangdong resigned as an independent director due to personal reasons. Xia Dawei was a candidate for independent director.Shi Zeng elected Chen Yilun and Jiang Jiali as directors of the company.
5
Yunnan Vanke general manager Wang Runchuan was transferred to the group Xinjiang Vanke general manager took over his position
On November 5, according to market news, Yunnan Vanke general manager Wang Runchuan has been transferred to the group, and Xinjiang Vanke general manager Hu Bowen has replaced him.
In accordance with Vanke's internal management system, the regional general manager will rotate after serving up to 5 years. Wang Runchuan has served as the general manager of Yunnan Vanke (then Kunming Vanke) since July 2015. Now he has been serving as the longest general manager since Yunnan Vanke was founded for more than 5 years.
6
Chen Kai joined Excellence Group as executive chairman and resigned less than two months from New Force
On November 3, it was reported that Chen Kai officially joined Excellence Group as the executive chairman of the group. It is worth noting that Chen Kai resigned from Zhongnan Land in February this year to join Sony Holdings, and resigned all positions at Sony in September.
7
Hopson Chuangzhan: Xi Ronggui resigned as executive director, chief executive officer and other positions
On November 2, Hopson Chuangzhan announced that Xi Ronggui had resigned as the company's executive director, chief executive officer, and member of the financial committee and share option committee. Zhang Fan was appointed as the company’s executive director and financial committee. And the respective members of the Share Option Committee, effective from November 1, 2020.
Retail articles
✦ new store
1 Hermes Chinese-style brand "Xiaxia" brings the world's first tea space
Recently, Hermes' "Chinese-style" brand "Xiaxia" launched its first brand new flagship store in the southwest of Sino-Ocean Taikoo Li, Chengdu. The store has three floors, integrating boutique retail + furniture space + tea. The space on the first floor integrates local bamboo elements in Chengdu to create an elegant "urban bamboo forest"; the second floor is the new tea brand launched by Shangxia this year— —[Xiaxia Tea Event], this is its first tea event space in the world, and it has not yet opened. The third floor is the furniture space.
✦ financing
1 The skin care brand "Cainiao and Formulation" received the first round of strategic investment. , This round of financing will be used for the new series of product development and marketing promotion.
✦ enterprise
1 Costco Hangzhou store address has changed? Or it will be located in the Ningwei section
. According to the information released by the Xiaoshan Branch of the Hangzhou Municipal Bureau of Planning and Natural Resources on November 5, the location of the fourth Costco in mainland China may have changed. The newly disclosed information shows that the store may Will be in the Ningwei plate. In August of this year, it was reported that Costco's fourth store in mainland China was located in Hangzhou. At that time, it was reported that it would enter the Sanjianghui large section.
2 The American street fashion brand Stüssy will open its first mainland store in Shanghai in December.
A few days ago, the US street fashion brand Stüssy officially announced that the first Chapter store in mainland China will land in Shanghai. Stüssy Shanghai will open in December. The specific location has not yet been announced.
3
Lion Capital, which Li Ning controls, acquires British century-old footwear brand Clarks
for £100 million Stores can continue to operate and avoid layoffs as much as possible. After the transaction is completed, the Clarks family will still retain a minority stake.
4
Nike China will lay off 400 people, mainly in Beijing and Guangzhou regional offices
News on November 4, recent media reports said that Nike China plans to lay off nearly 400 people, accounting for about 20% of the total number of employees. It is mainly based on regional offices in Beijing and Guangzhou, and implementation has already begun.
In early November, Nike officially announced the revision of its global headquarters layoff plan. The number of layoffs increased from the 500 announced in July to 700, and the staff will be reduced by 7%-10% after the reorganization.
5
Alibaba teamed up with Richemont Group to invest US$500 million in FARFETCH China
On November 6th, Alibaba announced that it would jointly invest in luxury e-commerce platform FARFETCH with Richemont Group. Ali and Richemont will each invest US$300 million to jointly purchase US$600 million private convertible bonds issued by FARFETCH Limited. Ali and Richemont intend to jointly inject US$500 million in FARFETCH China with the same amount, and will establish a joint venture with FARFETCH to operate FARFETCH's online sales business in China.
6 La Chapelle changes the president four times a year Zhang Danling, who is in charge of new retail, takes office
On November 5, La Chapelle announced that the board of directors agreed to appoint Ms. Zhang Danling as the company's president. As the co-founder of the company, Zhang Danling is currently in charge of new retail, online channels and marketing. It is worth noting that this is the fourth time La Chapelle has changed president in a year.
7
Chanel handbags have increased in price by 5%, or as much as 35% in 18 months.
Starting from November 2, Chanel classic handbags have once again increased in price in China. Chanel Classic Flap and 2.55 medium price have reached 51,500 yuan. Within one and a half years, the net price of the two classic handbags increased by 13,400 yuan, an increase of 35%.
Overseas
1
Marks and Spencer’s first-half fiscal year's pre-tax loss of 87.6 million pounds is the first loss in nearly a century since it was listed. The pre-tax loss was 87.6 million pounds, and the after-tax loss was 71.6 million pounds, which was the company's first loss in nearly a century. Revenue fell 16% to 4 billion pounds.
2 Swarovski will lay off 6,000 employees, accounting for 20% of the company’s employees
Recently, Swarovski shareholders approved a corporate restructuring plan, which is the largest restructuring plan in the company’s 125-year history. The final implementation will lay off 6000 employees, accounting for 20% of the company's employees. Swarovski will adjust its business, reduce its mass market activities, and focus on market segments with higher profit margins such as jewelry.
3
Canadian fashion brand Le Chateau is going bankrupt and will close 121 stores
Canadian fashion brand Le Chateau is going bankrupt and will close 121 stores, and about 1,400 employees of the company will be affected. During the epidemic, Le Chateau tried to raise funds again and sell the business to a third party, but all failed.
4
AMC Cinemas intends to sell up to 20 million Class A shares to raise US$50 million.
According to a document released by the US Securities Regulatory Commission on Monday, AMC Cinemas, which is in urgent need of cash, are seeking to sell up to 20 million Class A shares to obtain Nearly $50 million in new capital.
5 Starbucks announced that it would close another 200 stores in the United States and Canada.
On Monday, Starbucks announced that it would close another 200 stores in the United States and Canada to reduce operating costs. The company’s latest financial report shows that the total revenue for the fourth quarter of this year as of September was US$6.203 billion, a year-on-year decrease of 8.1%; net profit was US$393 million, a year-on-year decrease of 51.1%. In terms of operating data, global same-store sales plummeted 9 %.
6
Coach’s parent company’s first-quarter sales fell by 14%. E-commerce sales increased by three digits.
Coach’s parent company Tapestry Inc’s first-quarter sales fell 14% to 1.17 billion U.S. dollars. The Coach brand performed the best and its sales A year-on-year decline of 9% to 875.4 million US dollars; Kate Spade brand sales fell 21% year-on-year to 240.4 million US dollars; Stuart Weitzman brand sales fell 35% year-on-year to 56.4 million US dollars. During the period, e-commerce sales increased by three digits, While sales in mainland China increased by double digits.
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