Beijing Wangluo Tianxia Life Technology Company Limited, which is the integrated company of the Chinese group buying websites Ftuan.com and Gaopeng.com, has completed its latest financing and gained investments of USD40 million.
Swiss food and beverage firm Nestle recently published its financial report for the third quarter of 2012, stating that during the first three quarters of 2012, the company's sales reached CHF67.6 billion, a year-on-year increase…
Chinese apparel brand Bosideng has opened a flagship store on South Molton street of London's West End, making it the first Chinese apparel brand to open an outlet in the city.
The women's designer clothing brand Karen Millen has formally entered the Chinese market with its first store opened in Beijing.
British retailer Tesco opened a new supermarket in Quanzhou, Fujian province, which is the company's first outlet in this Chinese city.
International food and beverage group Yum announced that its sales in China region reached USD2 billion in the third quarter of 2012, accounting for 56% of the total operating revenue of the group.
While expanding into the Chinese market via acquisitions, South Korean retail giant Lotte Mart also plans to accelerate the opening of new stores and said it plans to open 10 new outlets in China before…
Zippo, the international brand known for its windproof lighters, is expanding into the American-style men's apparel and accessories market and its first apparel store in China has opened at Wanda Plaza in Qingdao.
Chinese mobile phone retail chain D.phone and China Mobile signed a new strategic cooperation agreement, which aims to jointly promote China Mobile's 3G network, customer development, new business marketing, branding, and sales of mobile phones…
French supermarket retailer Carrefour has spent CNY5 million to build a new food safety testing center in Shanghai.