Business Intelligence on Retailing, Franchising, and Consumerism in China


Taiwan's Hola To Open New Stores In Mainland China In 2010

Taiwanese decoration supplies company Hola has announced the opening of two new stores in mainland China at the beginning of 2010: the Suzhou Jinji Lake Hola store and the Hola Yueda 889 store.

With the opening of these two stores, the number of Hola stores in Shanghai has reached seven and there are 20 Hola stores in mainland China.

In 2009, Hola opened six new stores in mainland China and its sales in this market have increased by 60%. Gu Yihua, the general manager of Hola, said that the company is optimistic about the Chinese mainland market and will continue to expand its presence there. The company is reported to be planning to open five to eight new outlets in 2010.

As a subsidiary of the Test Rite Group, Hola is a well-known home furnishing brand in Taiwan with 13 stores in its local marketplace. In 2004, it opened its first mainland store in Shanghai and over recent years it has opened 20 outlets in first-tier cities, including Beijing, Shanghai, Suzhou, Dalian, Hangzhou, Shenzhen, and Chengdu.






Be the first to comment on "Taiwan's Hola To Open New Stores In Mainland China In 2010"

Leave a comment

Your email address will not be published.


*




  Other China News

ChinaTechNews.com:

AutoNavi, Delphi Reach Deal

Hisense's Net Profit Down 47.39% In First Three Quarters Of 2017

Airbnb China Head Resigns

DMG To Buy China Rights Of Forbes Brand


GreenChinaTech:

Chinese Electric Bus Manufacturer Lands USA Deal

American Electric Car Manufacturer To Build In China

U.S. Clean Water Company Makes Chinese Inroads

GE Will Promote Wind Power Through New Chinese Education Center


ChinaSourcingNews.com:

JD To Build Global Logistics Headquarters In Xi'an

Wumart, AGS Sign Agreement For Seafood Direct Procurement

India Gains Second Factory From China's Xiaomi

85% of Indian Staff To Lose Jobs At China's LeEco