Why Is LV Closing Its Chinese Luxury Retail Stores?
International luxury brand Louis Vuitton officially confirmed that the company will close two stores located in Shanghai and Shanxi, respectively, by the end of March 2016.
Shanxi
JD.com Expands To Taiyuan With Comprehensive Service Center
Chinese B2C e-commerce website JD.com officially opened its first comprehensive service center in Taiyuan, Shanxi province to provide super-fast services to consumers.
Chinese Internet Company Enhances Its Alcohol Sales Business
Chinese online video service Letv will enhance its supply chain in the wine industry to build a closed-loop operation of its wine business on its subsidiary website Wangjiu.com.
Fonterra Plans To Milk China For 30 More Pastures
New Zealand-based Fonterra Co-operative Group has announced plans to build 30 pastures in China before 2020.
Herbalife Gains New Chinese Direct-Selling License
U.S.-based nutrition company Herbalife can now conduct its direct-selling business in the southern Chinese province of Yunnan.
CR Vanguard's Sales In 2010 Reached CNY71.8 Billion
China Resources Vanguard, the retail subsidiary of China Resources (Holdings) Company, has announced that in 2010, the company opened over 450 new stores and realized sales of CNY71.8 billion.
DQ Opens Two Stores In Xi'an
The global ice cream brand DQ has entered the market in Shannxi Province with the recent opening of two stores in Xi'an.
Shanxi Retail Sales Up 23.4% In First Half Year
According to statistics released by Department of Commerce of Shanxi Province, in the first half of 2008, the total value of retail sales of consumer goods in Shanxi was CNY113 billion, a year-on-year increase of…