World's Biggest Donut Chain Comes To China
After successfully entered Taiwan a year ago, Dunkin' Donuts, the world's biggest donut chain, has signed a new contract with its franchisee, Mercuries Taiwan, to open new stores in eastern China.
January 2008
Youngor Completes Acquisition Of Kellwood's Men's Garment Line
Youngor, one of China's top apparel companies, has announced that the company's acquisition of American Kellwood's man's garment section has been completed. The acquisition involves US$120 million, making it the biggest overseas acquisition in China's…
Gome Acquires BF Electric
Chinese electronics retailer Gome has not slowed its acquisitions following the buyout of its competitor Dazhong for RMB3.65 billion last year. The retailing giant has now acquired another local electrical retailer BF Electric Inc. in…
Jinsheng Group Will Be Listed In Hong Kong
Jinsheng Group, a mainland constructional materials and furniture retailer, plans to be listed in Hong Kong in the coming months, with the market value of its shares is expected to reach US$800 million.
ePlanet Ventures Invests In China's iKang
ePlanet Ventures has announced a Series E investment into iKang, a privately-held healthcare management services company in China.
Best Buy China Chairman Resigns
American electronics retailer Best Buy announced that because of personal reasons, Lv Weimin, senior vice-president of Best Buy Group, and chairman and general manager of Best Buy China, has resigned his post.
China Eastern Enters Cooperation With China Southern
China Eastern Airlines and China Southern Airlines have signed an agreement in which the two airline companies will cooperate in ten areas, including route sharing, plane purchasing and ground service.
Vacheron Constantin Opens Flagship Store In Beijing
Vacheron Constantin, a Swiss luxury watch brand, has opened a new specialty store in the Malls at Oriental Plaza in Beijing.
Hualian Cooperates With Costa In China's Coffee Sector
Hualian Group will enter China's coffee cafe retail sector and will cooperate with Britain's Costa Coffee to develop the Costa cafe chain. The first Costa cafe will soon open in Beijing.
Coach Plans First Hong Kong Global Flagship Store
Coach, a marketer of modern classic American accessories, and its distribution partner Imaginex have announced the opening of a global flagship store within Hong Kong's Lan Kwai Fong area in the summer of 2008.