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.
Japanese
Ajisen Ramen Shrinks China Restaurants As Net Profit Up 76.2%
Ajisen (China) Holdings Limited, a Chinese fast food restaurant chain, announced in its annual financial report that by December 31, 2013, the company realized operating revenue of HKD3.24 billion, a slight year-on-year increase of 6.5%;…
Uniqlo's Shanghai Flagship Store To Open On September 30
According to Pan Ning, global senior executive vice president of Uniqlo's parent company Fast Retailing Company Limited, Uniqlo's new flagship store in Shanghai, which is the brand's largest flagship store in the world, will be…
Lawson Opens First Convenience Store In Beijing
Japanese convenience store chain Lawson formally opened its first outlet in Beijing in Xicheng district.
Muji Aims At Over 100 Stores In China By End Of 2013
Japanese chain retail brand Muji announced plans to accelerate its expansion in China by opening about 40 new stores in 2013 and it is expected to have over 100 outlets in the country by the…
Hong Kong Company Acquires U.K. Luxury Apparel Brand
Hong Kong apparel wholesale and retail business operator YGM Trading Limited has announced that it has reached an acquisition agreement with Aquascutum, a British luxury apparel brand, to purchase the assets and businesses of the…
Asahi Breweries Enters China's Wine Sector
Asahi Breweries and Marubeni Corp will jointly establish a joint venture with a Chinese enterprise to manufacture and sell wines. This is the first time for the Japanese food industry giants to enter China's wine…