Chaumet Enters Plaza 66
Chaumet, a jewelry brand owned by LVMH Group, has recently entered Plaza 66 in Shanghai.
March 2008
First Outlets In Western China Will Be Opened In Chongqing
According to Chongqing Economic Commission, the first clothing outlets in western China will be opened in Chongqing in June 2008.
Ikea Invests EUR300 Million To Open New Store In Wuhan
Having opened stores in Beijing, Shanghai, Guangzhou and Chengdu, Ikea, the Swedish household retailer, plans to open a new store in Wuhan.
Baume & Mercier Opens Its First China Specialty Store In China Central Place
Baume & Mercier, a famous Swiss watch brand, opened its first China specialty store in Beijing's China Central Place last week.
Nestle Milk Powder Will Increase Price In April
According to many supermarkets, Nestle will directly increase the prices of all milk powder products soon by a maximum of 30%. At the same time, the company will also launch new packaging products with less…
China Nepstar Chain Drugstore Reports Increased Revenue
China Nepstar Chain Drugstore announced its financial results for the quarter and fiscal year ended December 31, 2007 and said revenues increased 9.5% to RMB524.1 million compared to the same period in 2006.
Jimmy Choo Will Open Its First Beijing Store In China World Hotel
To further target the gold-collar market in China and to consolidate the successful development of its brand, Jimmy Choo plans to open its first Beijing specialty store in April 2008.
Chinese Consumer Goods Retail Sales Expand In February
China's National Bureau of Statistics says the total retail sales of consumer goods in January and February 2008 reached RMB1.74 trillion, a year-on-year increase of 20.2 percent.
Wangfujing Group Ready For National Retail Expansion With New System
eFuture announced the successful deployment of its POS-ERP back-office system at Beijing Wangfujing Department Store (Group) Company.
B&Q Opens Fourth Store In Nanjing
B&Q, one of the world's biggest decorative materials retailers, has opened the Daqiao Store in Nanjing. It is the company's fourth store in this city.