Traditional Chinese Medicine Retailer Accelerates Overseas Expansion
The time-honored traditional Chinese medicine brand Tong Ren Tang says it accelerated its overseas expansion and opened nine new stores in the overseas market in 2015.
Health
UK Group Inks Chinese Real Estate Deal For Three Hospitals
Chinese real estate group Wanda signed a cooperation agreement with UK's International Hospitals Group Limited in Beijing to build three hospitals in China.
Adidas Plans New Super Brand Center In Hong Kong In 2016
International sportswear provider Adidas announced that they will open their sixth Adidas Brand Center in the world in Hong Kong's Central district during the first half of 2016.
Nepstar Reports CNY2.8 Million Net Losses In Q3 2015
Chinese pharmaceutical retail chain Nepstar Drugstore published its financial report for the third quarter of 2015, stating that its operating revenue was CNY793 million and it saw net losses of CNY2.8 million.
Nepstar Drugstore Closes 59 Outlets Across China
Chinese pharmacy chain Nepstar Drugstore says it opened 38 new stores during the first half of 2015, while it closed 59 existing stores.
Watsons To Acquire Dutch Pharmacy Chain Dirx
Watsons, the health and beauty retail chain under Hutchison Whampoa, announced that the company has reached an agreement with Dutch pharmacy chain Dirx to acquire the 50 existing pharmacies of the latter as well as…
China's Lining Expects Losses Of CNY800 Million In 2014
Chinese sportswear company Lining announced that the company will continue to suffer losses in 2014 and its losses may be up to CNY820 million.
Adidas Opens Additional Chinese Specialty Stores For Women
International sportswear brand Adidas has opened two specialty stores for women in the Sichuan city of Chengdu.
Decathlon Aims At 500 Stores In China Within Five Years
The world's leading sports supplies retailer Decathlon revealed that the company currently has 100 stores in China and they plan to increase the number to 500 within five years.
Watsons Aims At 2,200 Stores In Mainland China By 2015
After 25 years of development in the Chinese market, Watsons has reportedly opened over 1,800 stores in mainland China and the company plans to increase the number to 2,200 by the end of 2014.