Tiens Closes BannerStore In Beijing
According reports from local media, Tiens Group has closed its only supermarket in Beijing — the outlet operated under the brand name of BannerStore. A representative from the leasing department of...
View ArticleBeijing's First H&M Specialty Store To Open This Spring
The international apparel retailer Hennes & Mauritz has announced that the company plans to open 225 new specialty stores around the world in 2009, and its first specialty store will be opened in...
View ArticleNew President For P&G Greater China
News from Procter & Gamble is that Daniela Riccardi, its president for Greater China, will leave the company and will be replaced by Shannan Stevenson, the current vice president for P&G's...
View ArticleLotte Plans To Open 20 New Outlets In China
The South Korean retailer Lotte has announced that it will focus on the Chinese market in its overseas expansion and it is planning to open 20 new department stores there by 2018. Lotte Department...
View ArticleStarbucks Plans More Caffeine For China
During Starbucks' recent investor conference, the company announced plans for even greater China growth. "Strong fundamentals and customer demand provide the company with the foundation to accelerate...
View ArticleFCPA Violations Settled Over Pfizer's Business In China
U.S.-based Pfizer Inc. says it has resolved U.S. Department of Justice and Securities and Exchange Commission matters related to certain improper payments in the operations of two of its subsidiaries...
View ArticleL'Occitane's Performance In China Leads Global Sales Growth
L'Occitane, international retailer of body, face, fragrances and home products based in Manosque, France, published its sales performance for the first quarter of the 2016 financial year, stating that...
View ArticleClik here to view.
ZTE To Build 23 New Retail Stores Worldwide
Chinese smartphone maker ZTE plans to open 20 new stores in major cities across China while launching one specialty store in Germany, Mexico, and Russia, respectively, aiming to improve its product...
View ArticleClik here to view.
L'Oreal Launches New Shampoo Brand In China
The world's leading cosmetics group L'Oreal launched a new shampoo brand in the Chinese market called Ultra Doux, which is now available in Wal-Mart stores across the country. Targeting the Chinese...
View ArticleClik here to view.
China's JD Eyes Expansion To Thailand, Russia
Chinese B2C e-commerce group JD plans to make an investment in Thailand before the end of 2017 to further expand its overseas business. Liu Qiangdong, founder and chief executive officer of JD, said...
View Article