Chinese down clothing company Bosideng recently published its annual report for 2019/20 financial year, stating that by March 31, 2020, the company realized operating revenue of CNY12.191 billion, a year-on-year increase of 17.4%; and its…
According to reports in foreign media, British clothing brand Superdry plans to withdraw from the Chinese market in July 2020.
Want Want recently published its 2019 annual financial report ended March 31, 2020, stating that its net profit for the year was CNY3.65 billion, a year-on-year increase of 5%; its gross margin increased by 2.6…
According to reports in Chinese local media, Lin Xiaohai, Alibaba's vice president and general manager for LST, will be new CEO of RT-Mart and directly report to Alibaba CEO Zhang Yong.
Chinese home appliances and electronics retailer Gome and American top brand PLANAR recently held a strategic cooperation press conference, announcing that Gome would become PLANAR's exclusive cooperation partner in China.
Golf apparel brand BIEM.L.FDLKK recently published an announcement, stating that the company had signed an intelligent retail strategic cooperation agreement with Tencent.
Chinese express delivery company Yunda published an announcement, stating that the company would subscribe non-public offering of Deppon as a strategic investor via its fully-owned subsidiary Ningbo Fushan.
Burger King China recently announced to appoint Zhu Fuqiang, former COO and senior vice president of Burger King China, as new CEO of the company to fully lead Burger King's operation in China.
In the latest Global Retail Trends 2020 report, KPMG's network of retail sector professionals indicates four accelerating trends that retail executives should be watching as they rebuild their business towards the post-COVID future.