Marks & Spencer To Close Five Stores In East China
British department store retailer Marks & Spencer announced that the company plans to shut five outlets in the Shanghai region before August 2015.
JV
Galeries Lafayette Appoints First CEO For China
French luxury department store Galeries Lafayette has appointed Paul Burke as new chief executive officer for the China market.
CR Vanguard, Tesco JV Agreement Approved By Chinese Government
The joint venture agreement between CR Vanguard and Tesco has been approved by Chinese authorities, and the two parties will form a diversified retailing joint venture for businesses in Greater China.
China's Huishan Dairy Teams With Dutch Company For Joint Venture
China's Huishan Dairy Holdings Company Limited and Netherlands' Royal FrieslandCampina N.V. have reportedly entered into exclusive talks for creating a joint venture to produce and sell infant milk formula in China.
China's Mengniu To Establish JV With American Dairy Company
American organic dairy maker WhiteWave Foods Company announced that the company has reached an agreement with China's Mengniu to establish a joint venture which will focus on the manufacturing, promotion and sales of nutritious products…
Swire's Latest China Joint Venture Includes Over 700 Retail Outlets
U.S.-based Columbia Sportswear Company has commenced its joint venture in China with Swire Resources Ltd.
European Underwear Brand Exits China
Stockholm-based underwear company Björn Borg is exiting the China market.
China Approves JV Between Mengniu And Danone
Chinese dairy company Mengniu published a report stating that its joint venture project with Danone, which was first raised in May 2013, is now in the process of setting up.
China Resources Enterprise, Tesco May Establish Retail JV
China Resources Enterprise has reportedly signed a memorandum of understanding with the British retail giant Tesco.
Foreign Firms Invest In China's Booming Healthcare Sector
Medipal Holdings Corporation and Mitsubishi Corporation have each purchased 20% of shares in major Chinese pharmaceutical wholesaler Sinopharm Group Beijing Tianxingpuxin Bio-med Sinopharm Holding Company Ltd. in Beijing.