Johnson & Johnson Launches New Skin Care Brand In China
Johnson & Johnson announced that the company will introduce its skin care brand Aveeno into the Chinese market.
America
Teavana Brews Beverage Launch In China
Will Starbucks succeed in bringing tea to a nation already ensconced in its own tea drinking traditions? Starbucks hopes its Teavana makes sense to Chinese consumers.
Chow Tai Fook To Develop Diamond Wholesale Business In U.S.
Chinese jewelry retailer Chow Tai Fook is seeking new growth points and the group plans to develop its diamond wholesale business in the U.S.
Michael Kors Buys Back Franchising Rights In Greater China For USD500 Million
American light luxury brand Michael Kors has invested USD500 million in the acquisition of Michael Kors (HK) Limited, the exclusive licensee of Michael Kors in China and certain other regions in Asia.
Wal-Mart China Sales Up 5.1% In Q1 2016
Due to the strong performance of its Chinese stores during the Chinese New Year, Wal-Mart China's total sales increased by 5.1% in the company's latest reporting period.
Tesla Opens 17th Experience Store In China
U.S.-based electric car maker Tesla has opened a new experience center, which is the company's largest experience center in North China and its fifth owned sales site in Beijing.
Alibaba Becomes Fourth Largest Shareholder Of Groupon
China's Alibaba Group recently purchased 33 million Groupon Inc. shares, making it the fourth largest shareholder of the U.S. company.
Logistics Deal Opens South America To Chinese Goods
South American e-commerce buyers seeking faster shipping and more options from Chinese sellers may be smiling after a new deal was announced last week.
Macy's Plans To Earn Millions Next Year In China
U.S.-based Macy's Inc. has formed a joint venture with Hong Kong's Fung Retailing Limited to explore retail opportunities in China.
Haagen-Dazs Plans To Sell Coffee In China
American ice cream brand Haagen-Dazs wants to get a sip of the burgeoning Chinese coffee market.