Postpone Announcement

C-star 2021 will be postponed

Currently, international travel to China still remains highly restricted, and the outbreak of COVID-19 continues to create uncertainties for retail brands in their offline expansion and sourcing plans. In view of the situation, the organizers have decided, after careful consideration, to postpone the 7th edition of C-star (Shanghai’s International Trade Fair for Solutions and Trends all about Retail), originally scheduled to be held at the Shanghai New International Expo Centre from August 31st to September 2nd, 2021. The new date and planning will be announced in the coming weeks.

“Witnessing normally a high percentage of international exhibitors and visitors, we decide to postpone C-star 2021 during the special period in order to gain more time on travel normalization, get well prepared to welcome the fully recovered retail industry and to build a higher quality sourcing and communication platform.” said by Marius Berlemann, General Manager of Messe Düsseldorf (Shanghai) Co., Ltd..

For the next edition, C-star will continue to focus on innovative solutions in five dimensions: Shop Fittings & Store Design, Visual Merchandising, Retail Lighting, Smart Retail Technology and Retail Marketing. The innovative supporting programme, including Retail Stage, H!Tech Stage, ReTailor Hub, EuroShop RetailDesign Award China, Retail Technology Award China as well as Visual Merchandising Challenge will offer the opportunity for visitors to discuss hot topics with excellent solution providers, leading retail brands, shopping mall executives and academic experts.

In the next stage, Messe Düsseldorf Shanghai will organize a series of offline networking events to share retail industry insights and build deep connections. Meanwhile, the organizer will continue to work with trade media, associations, research institutes and the EuroShop Trade Fair Family to collect the latest and most comprehensive retail information for retail professionals and publish on C-star official website, WeChat and LinkedIn so that retailers can keep up to date with the latest trends in the retail industry.

For more details about C-star, please follow C-star LinkedIn or visit the official website:http://www.c-star-expo.com/en/.


July 27, 2021

Press News Retail News

C-star News

Muji to Rollout 50 Stores a Year in China

2021-07-28


Photo by www.rli.uk.com

 

Japanese homewares and lifestyle chain Muji is set to accelerate its expansion plan in China, adding 50 new stores per year.

 

According to Nikkei, the retailer will start the China expansion in the fiscal year ending August 2024 and in its largest international market, Muji is currently experiencing a swift recovery with sales in the third quarter increased 10 per cent and strong online performance.

 

Due to the new Covid-19 waves in Southeast Asia, Muji’s sales in this region are also recording a drop. This could trigger the retailer to shift its focus to expand progressively in China. “The Japanese and Asian markets are the pillars of growth,” Senior MD Nobuo Domae, who has been appointed as Ryohin Keikaku’s new President, told Nikkei Asia Review.

 

Ryohin Keikaku estimates Muji will record approximately $6.3bn during the year through August 2024 with operating profit expected to reach 52 per cent growth. Launched in China in 2005, as of last May the chain operated 294 stores across the country.

 

Besides China, Muji is also planning to expand its presence in other Asian countries such as Thailand and South Korea. 

 

Source: www.rli.uk.com

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