Retailing, Franchising, and Consumerism Business Intelligence in China

June 2012

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China's Laofengxiang Reported Profit Of CNY911 Million

Shanghai Laofengxiang Company, a Chinese jewelry brand established in 1848, has published its latest operating statistics, stating that its operating revenue for 2011 reached CNY21.126 billion; its total profit was CNY911 million; and its profit…

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China Unicom Aims For Online Retail

Chinese telecom operator China Unicom announced that following a period of trial operation, its official flagship store on the e-commerce website has formally launched, making it China Unicom's second largest Internet store.

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Two New Stores For Apple In Shenzhen, Chengdu

Though its iPad trademark dispute with Shenzhen Proview Technology has not been settled, Apple continues its expansion in China and it is reportedly planning two new flagship stores in Shenzhen and Chengdu, respectively.