Brazilian Flip Flops Brand Enters Suzhou Jiuguang
Brazil's well-known flip flops brand Ipanema opened a new store in Jiuguang Department Store, Suzhou, which is reportedly Ipanema's seventh store in the city.
Brazil
China's Cofco Announces Dutch Agricultural Giant Acquisition
China National Cereals, Oils and Foodstuffs Corporation announced that its subsidiary Cofco International Limited will acquire the remaining stake in Nidera from Cygne, and Cofco will gain the full ownership of Nidera with the closing…
International Restructuring Moves Coca-Cola's China Chief To Brazil
Coca-Cola announced plans to adjust the structure of its international businesses and the new international operating structure will include Asia Pacific Group, Latin America Group, and the newly-established Europe, Middle East and Africa Group, effective…
China's 361 Degrees Net Profit Up 30.2% In 2015
Chinese sportswear maker 361 Degrees Group published its financial report for 2015 in Hong Kong, stating that its turnover reached CNY4.459 billion in 2015, a year-on-year increase of 14.1%; its gross profit was CNY1.823 billion;…
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…
Starbucks Plans More Caffeine For China
During Starbucks' recent investor conference, the company announced plans for even greater China growth.
Carrefour's Dia To Enter Hefei
Carrefour's wholly-owned Dia convenience store chain has signed an agreement with Anhui-based Everyone International to jointly develop the Anhui market by opening new Dia retail stores.
Brazilian Fast Food Giant To Set Up Headquarters In Tianjin
Brazilian fast food chain group Habib's has signed a letter of intent with Tianjin to set up its headquarters, central kitchen, and chain restaurants in the city.