Posts Tagged ‘ alcohol ’

China's Wuliangye Net Profit Up 79.45% In 2009

Feb 5th, 2010 | By ChinaRetailNews.com Editor | Category: Food & Beverage

A leading Chinese alcohol company Wuliangye has published its annual performance report for 2009, stating that net profit attributable to the shareholders of its listed unit increased by 79.45% year-on-year, to CNY3.249 billion.



Beijing Restaurant Fined For Selling Fake Moutai Alcohol

Feb 24th, 2009 | By ChinaRetailNews.com Editor | Category: Food & Beverage

Beijing Dongcheng District Court has sentenced Beijing Tianzan Food Service Company to pay CNY120,000 to the Guizhou Moutai Distillery for selling fake Moutai liquor.



China's Retail Sales Reached CNY290 Billion During Spring Festival

Feb 6th, 2009 | By ChinaRetailNews.com Editor | Category: Cosmetics

News from the Press Office of China's Ministry of Commerce is that from January 25 to February 31, 2009, which was the Spring Festival holiday week in China, and despite the economic slowdown, the country's total retail sales reached CNY290 billion, a year-on-year increase of 13.8%.



Wal-Mart To Open New Sam's Club In Pudong In 2009

Dec 29th, 2008 | By ChinaRetailNews.com Editor | Category: Supermarkets

According to Fu Mengxi, vice president for Wal-Mart (China) Investment Co., Ltd., the company will open a new Sam's Club in Pudong, Shanghai in 2009.



Hong Kong Retail Sales Up 10.4% In August

Oct 7th, 2008 | By ChinaRetailNews.com Editor | Category: Business

According to the Hong Kong Census and Statistics Department, the total retail sales in Hong Kong increased by 10.4% to HKD22.8 billion in August and the total retail sales value and the total retail sales volume in the first eight months of 2008 increased by 15% and 8.3% respectively.



Changyu Enters Top Ten Global Wineries List

Apr 11th, 2008 | By ChinaRetailNews.com Editor | Category: Food & Beverage

According to Beverage Market Report 2007 released by Canadean, a beverage research company in Britain, Changyu Group was ranked as the tenth largest winery in the world with sales revenue of US$695 million in 2007. It was the first time for an Asian winery to enter the top 10 global wineries.