Japan's Aeon Gained Profit In China For The First Time
Japanese retailer Aeon announced its financial report for 2014, stating that the company's Chinese business gained profit of HKD7.1 million during the reporting period.
March 2015
Dairy Farm International's Acquisition Of 19.99% Stake In Yonghui Supermarket Approved
Dairy Farm International Holdings Ltd. announced that its acquisition of 19.99% stake in Yonghui Supermarket officially obtained regulatory approvals in China.
Tingyi Will Make Ready-To-Drink Products For Starbucks In Mainland China
Starbucks and Chinese food and beverage maker Tingyi Holding Corp. announced that the two parties have signed a cooperation agreement under which Tingyi will manufacture and expand distribution of Starbucks ready-to-drink products in mainland China.
Rainbow Department Store Net Profit Down 12.52% In 2014
Shenzhen-headquartered Rainbow Department Store published its annual performance report for 2014, stating that the company realized total operating revenue of CNY16.998 billion in 2014, a year-on-year increase of 6.02%; its total profit was CNY773 million,…
Suning Taps Fresh Food Business In China
Suning Supermarket Company, a direct subsidiary under Suning Commerce Group, announced its entry into the online Chinese fresh food market.
Adidas Greater China Sales Up 10% In 2014
The world's leading sportswear brand Adidas recently announced its performance for 2014 financial year, stating that its sales in Greater China reached EUR1.811 billion, a year-on-year increase of 10%.
Marks & Spencer To Close Five Stores In East China
British department store retailer Marks & Spencer announced that the company plans to shut five outlets in the Shanghai region before August 2015.
Ferrero Will Build Candy Factory In China
Chocolate maker Ferrero announced plans to build its first plant in China in the first half of 2015.
