China's Bright Food Group Acquires Majority In Italian Olive Oil Company
As a part of Bright Food Group's internationalization, its Chinese subsidiary Yimin No.1 Foods acquired a majority stake in Salov Group, an Italian olive oil maker.
Italy
Amazon.com Cooperates With Shanghai Pilot Free Trade Zone For Direct Delivery To China
The management committee of China (Shanghai) Pilot Free Trade Zone and Shanghai Information Investment have respectively signed a memorandum of cooperation with Amazon.com aimed at cross-border e-commerce development.
China's First Superga Sneaker Store Opened In Shanghai
Italian sneaker brand Superga opened the brand's first outlet in mainland China at a new specialty store at Shanghai Jiu Guang Department Store.
Bottega Veneta Opens New Store At Seasons Place In Beijing
The luxury fashion brand Bottega Veneta has announced the launch of a new store in Seasons Place in Beijing.
Prada Aims At 12 New Stores In China In 2013
According to Patrizio Bertelli, president of Prada Group, the Italian luxury brand plans to open nearly 80 new specialty stores in 2013, including one flagship store in Milan and 12 stores in China.
Italian Nightwear Brand Opens Flagship Store In Beijing
Italian luxury nightwear brand La Perla recently celebrated the opening of its new flagship store in Beijing's Parkview Green with 300 invited guests.
Italian Luxury Brand Bric's Opens First Store In Hangzhou
Italian luxury brand Bric's has entered Hangzhou for the first time by opening its new store on the second floor of Wulin Intime.
FCPA Violations Settled Over Pfizer's Business In China
U.S.-based Pfizer Inc. says it has resolved U.S. Department of Justice and Securities and Exchange Commission matters related to certain improper payments in the operations of two of its subsidiaries outside the United States, which…
Adidas' Revenue Up 31% In China In Q2 2011
The world's leading sportswear maker Adidas has published its financial results for the second quarter of 2011, stating that its operating revenue in Greater China increased by 31%.
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.