Uny to pull out of China
Uny will sell off its interests in China, as consolidation of the retailer’s business continues post-merger with Familymart.
-
-
E-commerce sales to China expected to hit ¥2 trillion by 2019
METI estimates that cross-border e-commerce sales from Japan to China will hit ¥2 trillion by 2019, up from ¥795 billion in 2015 – a figure that jumped by a third from the year before. Multiple companies, notably apparel retailers and brands, are now setting up online stores in Chinese, with some targeting online sales before…