Nayuki Opened First Store In Japan
Shenzhen-headquartered tea drink brand Nayuki formally opened a new store in Laox shopping center in Osaka, which is the brand's first store in Japan.
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Teavana Brews Beverage Launch In China
Will Starbucks succeed in bringing tea to a nation already ensconced in its own tea drinking traditions? Starbucks hopes its Teavana makes sense to Chinese consumers.
Wanglaoji Invests CNY298 Million For Herbal Tea Factory In Sichuan
The board of directors of Guangzhou Pharmaceutical Holdings Limited has approved Wanglaoji, its herbal tea subsidiary, to build a new factory in Ya'an, Sichuan, with an investment of CNY298 million.
Chinese Internet Tea Company Raises Funds For Retail Outlets
The Chinese tea leaf B2C e-commerce platform Maimaicha.com, which is operated by Shandong Huaxia Chalian, has announced that it has completed its A-round financing and gained nearly CNY100 million investments from four organizations in China.
Chinese Luxury Goods Consumption Reached USD10.7 Billion
According to the latest report published by World Luxury Association, in 2010 the total consumption in the Chinese mainland luxury market reached USD10.7 billion, excluding private jets, yachts or luxury cars, making the country the…
Chamate Forecasts 30 New Retail Tea Outlets Around China In 2011
Lin Shengzhi, CEO of Shanghai Chamate Company Ltd., has revealed that Chamate plans to open another 30 retail tea dining outlets in 2011 and the central China and west China will be the next key…
Wu Yutai Invests CNY10 Million For Hong Kong Flagship Shop
The Chinese time-honored tea leaf brand Beijing Wu Yutai Tea Company Limited has signed a cooperation agreement of intent with a Hong Kong company to implement a complete investigation and planning for its development and…
China's Master Kong Sales Up 18.9% In 2009
The Chinese food and beverage firm Master Kong has published its annual financial report for 2009, stating that its operating revenue increased by 18.9% year-on-year to USD5.08 billion; however, the company saw the lowest growth…
Starbucks To Enter China's Tea Drinks Market
American coffee retailer Starbucks has announced in Shenzhen that it has formally launched nine kinds of tea drinks in China, marking this coffee shop chain's entry into the huge Chinese tea drinks market.
Beijing: Daily Retail Sales Of CNY88.88 Million Over Qing Ming
According to statistics published by Beijing Committee of Commerce (the former Beijing Bureau of Commerce) during the five days around the Qing Ming Festival, 35 Beijing retailers realized total sales of CNY444 million, a year-on-year…