IN THE NEWS

South China Morning Post|Aug 27, 2014

Golden Eagle Profit Down 23.2pc

Mainland department store operator Golden Eagle Retail Group said yesterday that it was in no rush to develop an e-commerce platform despite reporting a 23.2 per cent fall in first-half net profit to 483.8 million yuan. Franklin Yao, SmithStreet Managing Partner, shared his points of view on SCMP.   more

South China Morning Post|Jul 21, 2014

McDonald's KFC Launch Probe After China Supplier Used Rotten Meat In Fast-food Products

Fast-food chains McDonald's, KFC and Pizza Hut have suspended orders from a Shanghai-based supplier after allegations that the company was using rotten meat to make fast-food products. James Button, SmithStreet Director, said on SCMP that this scandal will make it more difficult for international fast food brands to compete for customers in China. more

South China Morning Post|Mar 13, 2014

Ready to Get Your Tesla on the Road in Beijing? Think Again

“The government plays a significant role in the EV industry in China,” said Shawn Wu, a manager of SmithStreet. Apart from the subsidies, “the [government] also provides top-level standards and guidance in terms of key infrastructure and technology,” he added. more

South China Morning Post|Feb 05, 2014

Tesla Goes Against the Grain In China By Slashing Price of Premium Car

US luxury car maker Tesla is taking a bold step to win Chinese consumers by promoting A Fair Price. SmithStreet Project Manager Shawn Wu shared his thoughts with South China Morning Post. "It's not just about the pricing strategy but more to show how to communicate with Chinese consumers in the context of a more transparent pricing world." more

South China Morning Post|Jan 21, 2014

Russian President Putin's Praise Lifts Stock Prices of Chinese Hard Liquor Maker Moutai

Moutai's share price has been on the rise this week after Russian President Vladimir Putin’s complimentary remarks on the alcohol. James Button, Director of SmithStreet, said on SCMP that the Kweichow Moutai Company’s share hike was partly due its announcement on Saturday, which said its 2013 revenues had topped four billion yuan - up 13.8 per cent from a year earlier.  more

South China Morning Post|Oct 19, 2013

After Apple, is Starbucks Chinese State Media’s Next Target?

Starbucks is under the massive media attack led by China's official state media claiming its ultra-high profit margins in China area. James Button expressed his opinion on this issue declaring that Starbucks is actually sold at a lower premium than other foreign luxury products sold in the country. more

South China Morning Post|Jul 19, 2013

No Magic Pill to Beat Graft

The features of the mainland's healthcare system - including the nature of hospital funding and the low salaries of doctors in public hospitals - encouraged unlawful practices in China pharmaceutical industry. more

South China Morning Post|Apr 07, 2013

Uphill battle awaits China's domestic fashion labels despite 'first lady effect'

Local brands such as Exception are beginning to realize that the mainland consumer is increasingly more sophisticated. Western brands such as Louis Vuitton and Gucci must also try to differentiate themselves in the China market and evolve their brands. more
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In the News

Reuters|Nov 18, 2016

New Look Seeks Fashion Edge in China with Local Designs

Bloomberg|Jul 18, 2016

Nestle Seeks China Turnaround Online as Competitors Abound

German Chamber|Jun 16, 2016

A Middle-Class Force Awakens

Retail Real Estate|Apr 07, 2016

The China Challenge: Where to Expand Luxury Retail

Luxury|Apr 07, 2016

Luxury Firms React to China Economic Upheaval

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