China's JD Eyes Expansion To Thailand, Russia
Chinese B2C e-commerce group JD plans to make an investment in Thailand before the end of 2017 to further expand its overseas business.
Russia
L'Oreal Launches New Shampoo Brand In China
The world's leading cosmetics group L'Oreal launched a new shampoo brand in the Chinese market called Ultra Doux, which is now available in Wal-Mart stores across the country.
ZTE To Build 23 New Retail Stores Worldwide
Chinese smartphone maker ZTE plans to open 20 new stores in major cities across China while launching one specialty store in Germany, Mexico, and Russia, respectively, aiming to improve its product sales and brand influence.
L'Occitane's Performance In China Leads Global Sales Growth
L'Occitane, international retailer of body, face, fragrances and home products based in Manosque, France, published its sales performance for the first quarter of the 2016 financial year, stating that by June 30, 2015, the company's…
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…
Starbucks Plans More Caffeine For China
During Starbucks' recent investor conference, the company announced plans for even greater China growth.
Lotte Plans To Open 20 New Outlets In China
The South Korean retailer Lotte has announced that it will focus on the Chinese market in its overseas expansion and it is planning to open 20 new department stores there by 2018.
New President For P&G Greater China
News from Procter & Gamble is that Daniela Riccardi, its president for Greater China, will leave the company and will be replaced by Shannan Stevenson, the current vice president for P&G's Western Europe Laundry division.
Beijing's First H&M Specialty Store To Open This Spring
The international apparel retailer Hennes & Mauritz has announced that the company plans to open 225 new specialty stores around the world in 2009, and its first specialty store will be opened in Beijing this…
Tiens Closes BannerStore In Beijing
According reports from local media, Tiens Group has closed its only supermarket in Beijing — the outlet operated under the brand name of BannerStore.