Aeon Reports 64% Net Profit Decline In China
Is it becoming more difficult to be a retailer in China? Aeon's latest financial report shows a profit drop attributed to higher costs in opening new stores.
Aeon
Japan's Aeon Gained Profit In China For The First Time
Japanese retailer Aeon announced its financial report for 2014, stating that the company's Chinese business gained profit of HKD7.1 million during the reporting period.
Japanese Retailer Exits Hong Kong Logistics Center
Japanese retailer Aeon is selling its warehouse property in Hong Kong.
Aeon's Largest Chinese Shopping Mall Opens In Suzhou
Japanese retailer Aeon recently opened its largest Chinese shopping mall in Suzhou, marking the company's entry into the Shanghai-centered East China region.
Aeon Names China Department Store Head After CNY160 Million Loss
Japanese retail group Aeon announced that Zhu Jing, managing director of Aeon, has been officially appointed president of Aeon China Company Limited.
Aeon Plans To Open Japanese-style Supermarkets In China
Japanese supermarket giant Aeon and Japan's leading food wholesaler Mitsubishi Shokuhin will team to operate food-oriented supermarkets in China.
Aeon To Build Three New Shopping Centers In Wuhan
Japanese retail group Aeon will launch three new shopping centers in Wuhan, Hubei province, over the next few years.
Lianhua Teams with Japan's Growell For Chinese Cosmeceuticals
Chinese supermarket operator Lianhua has formed a partnership with Japan's Growell Group and Shanghai-based Meiribuy to create a three-way cosmeceutical joint venture.
Aeon Opens Its First Premium Supermarket In Hong Kong
Aeon Stores (Hong Kong) Company Limited has announced that Aeon MaxValue Prime, its first premium supermarket in Hong Kong, has opened.
Japanese Department Store Group APiTA Enters Mainland China
APiTA, one of the top four Japanese department store giants, will officially enter the Chinese mainland market, following the establishment of its first overseas branch in Hong Kong in 2007.