Brazilian Flip Flops Brand Enters Suzhou Jiuguang
Brazil's well-known flip flops brand Ipanema opened a new store in Jiuguang Department Store, Suzhou, which is reportedly Ipanema's seventh store in the city.
Italy
Five Star Appliance To Enter Home Decoration Market With New Brand
Chinese electronics and home appliances retailer Five Star Appliance formally announced plans to enter the home decoration and renovation sector with a new sub-brand named "Sigma Life".
Italian Jewelry Brand Opens First Store In Shenyang
Italy's top-level jewelry brand Brosway opened its first owned store in Shenyang, Liaoning province.
China's Wanda To Acquire Largest Cinema In Europe
American cinema operator AMC Entertainment Holdings, a subsidiary of China's Wanda, announced that they will invest GBP921 million, which is about CNY8.01 billion, to acquire Odeon & UCI Cinemas Group from the private equity firm…
Chinese Shoe Retailer To Acquire Stake In Italian Jeans Brand
Chinese shoes retailer Belle International announced plans to acquire a stake in Fashion Box SpA, parent company of the Italian jeans brand Replay.
Aquazzura's First Asian Store Opens In Hong Kong End Of 2016
Florence-headquartered luxury shoe brand Aquazzura plans to open its first Asian store in Hong Kong at the end of 2016.
Carrefour China Sales Decline 11.2% In Q3 2015
French retailer Carrefour realized sales of about EUR21.5 billion in the third quarter of 2015, a year-on-year increase of 4.2%; meanwhile, its sales in China decreased by 11.2%.
Italy's Antonia To Enter Chinese Market With First Store In Macau
Italian luxury fashion brand Antonia has signed a franchise agreement with Canudilo Group for Chinese market expansion.
Greater China Contributed 20.9% Sales To Tod's In Q1 2015
Tod's Group, an Italian maker of luxury shoes and other leather goods, announced its financial report for the first quarter of 2015, which indicated that the Greater China market contributed 20.9% of the total sales…
China's Bright Food Formally Enters Olive Oil Market
Shanghai Yimin No.1 Foods, a subsidiary of Bright Food Group, has completed an equity settlement with Salov Group in Milan, Italy, marking its successful acquisition of a 90% stake in this Italian olive oil maker…