Wangfujing Reports Net Profit Decline
Chinese department store retailer Wangfujing reported its financial situation for the first quarter of 2016, and the news was not great.
Harbin
Louis Vuitton Closes China Stores
Has the bubble of Chinese buying copious amounts of luxury goods popped?
Coca-Cola Invests CNY600 Million For Northern China Expansion
Coca-Cola's new factory in the Heilongjiang province city of Harbin has started construction.
Yonghui Supermarket To Open Six Wanda Plaza Stores In 2013
According to Luo Wenxia, vice president of Yonghui Supermarket, the company plans to open six stores at Wanda Plazas in 2013.
Uni-president May Acquire Shanghai Huiyuan For CNY300 Million
Taiwan's Uni-president Group recently announced plans to acquire Shanghai Huiyuan, a wholly-owned subsidiary of Huiyuan Juice, for CNY300 million.
Starbucks Continues Strong Development Through China
Starbucks Coffee Company has entered another five new Chinese cities: Langfang, Hebei; Zhengzhou, Henan; Harbin, Heilongjiang; Xiangtan, Hunan; and Zhoushan, Zhejiang.
Lane Crawford To Open Three New Stores In Mainland China
Andrew Keith, newly appointed president of Lane Crawford Hong Kong, has announced the company will start its expansion in mainland China in 2012, and three new chain stores will be opened in Shanghai, Beijing, and…
Coach's Revenue In China Over USD100 Million In 2010
The New York high-end fashion brand Coach has announced that its operating revenue in China doubled and reached over USD100 million in 2010, and during the 2011 fiscal year it plans to open an additional…
Quanjude Profit Up In H1 2009
Chinese roast duck restaurant company Quanjude has published its financial report for the first half of 2009 and states that its total revenues increased by 14.58% year-on-year while its total profit increased by 28.82% year-on-year.
Watsons' New Concept Store Opens In Beijing
The health and beauty products retailer Watsons has opened a new concept store at U-town Lifestyle Center in Beijing.