Retailing, Franchising, and Consumerism Business Intelligence in China

February 2020

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Sanquan Reported Net Profit Up 107% In 2019

Chinese quick-frozen food maker Sanquan recently published its performance report for 2019, stating that the company realized operating revenue of CNY5.992 billion during the reporting period, a year-on-year increase of 8.16%; and its net profit…

Old Navy To Withdraw Chinese Market In March 2020

According to reports in Chinese local media, Gap Group's brand Old Navy will fully withdraw from the Chinese market on March 1, 2020 after nearly six years' operation and the brand will focus on development…