Chinese splash out on tech goods, camping gear in shopping fest

Published Mon, Jun 20, 2022 · 05:49 PM

HIGH-end home appliances and camping gear were among Chinese shoppers’ most sought after buys during the “618“ shopping festival, said e-commerce platforms, in a sign of how China’s Covid-19 curbs are driving lifestyle changes.

The event was the first major shopping festival to take place since several Chinese cities, including Shanghai, were hit by a series of lockdowns to halt the spread of Covid-19.

Consumption in China remains weak, as shoppers have been confined to their homes in Shanghai and other cities. Retail sales slipped another 6.7 per cent in May from a year earlier, on top of a 11.1 per cent contraction the previous month.

Sales for e-commerce giant, which first created the event in 2004, grew at their slowest pace ever to hit 379.3 billion yuan (S$78.6 billion) in a sign of how recent lockdowns and slowing economic conditions have hurt spending.

Consumption in China remains weak, with retail sales in May slipping 6.7 per cent from a year earlier, on top of an 11.1 per cent contraction the previous month.

Still, said its sales of gaming projectors and 4K high-definition projectors increased 10 times during the event, while air fryers jumped 5 times. Slim fridges — favoured by shoppers with small homes — saw sales triple from the previous year.

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“Due to the epidemic, some consumers saw their living space become smaller and this led them to spend some thought on adding some spark to their lives,” said, in a post on its WeChat account on Sunday.

Alibaba Group said that Italian luxury coffee machine brand La Marzocco saw a 6-fold increase in sales on the first day of its Tmall marketplace’s 618 event compared with the previous year.

The platforms also reported a surge in sales for camping gear and outdoor equipment, fuelled by the growing popularity of outdoor activities, especially among city-dwellers who have had to endure 2 years of restrictive pandemic curbs.

Camping-related products more than tripled in terms of sales on Tmall during its first round of 618 sales from the evening of May 31 to June 3, Alibaba said, with a new 2022 series of fishing reel by Japanese high-end fishing gear brand Daiwa, priced at more than 5,000 yuan, selling out within seconds.

In addition, rising health awareness during the pandemic also pushed people to stockpile health products, said, citing surging sales of organic milk, high-end teas and fitness drinks. REUTERS



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