Starbucks' Kunshan Industrial Park Started Construction
Starbucks China Coffee Innovation Industrial Park recently started construction in Kunshan, Jiangsu, with a total investment of nearly CNY1.1 billion.
November 2020
McDonald's To Invest CNY2.5 Billion To Develop Chinese Coffee Market
McDonald's China announced that its professional coffee brand McCafe would invest CNY2.5 billion in the next three years to accelerate its layout in the Chinese mainland coffee market.
China's Total Retail Sales Of Consumer Goods Up 4.3% In October 2020
According to statistics released by the National Bureau of Statistics, China's total retail sales of consumer goods reached CNY3.858 trillion in October 2020, a year-on-year increase of 4.3% and the growth rate was one percentage…
Double Win Cafe Opens First Store In Zhejiang
According to reports in Chinese local media, Double Win Cafe recently opened its first store in Zhejiang in Yintai Wulin store, Hangzhou.
Suning, Hefei Government Signed Strategic Cooperation
Suning recently announced via its WeChat channel that the group has signed a strategic cooperation agreement with the government of Hefei to enhance investment and promote industrial transformation and upgrade of the city.
HLA Net Profit Down 50.69% In First Three Quarters Of 2020
Chinese clothing brand HLA recently released its report for the third quarter of 2020.
U.K. Department Store Harrods Entered China With Permanent Service Space
According to reports in Chinese local media, Michael Ward, managing director of British department store Harrods, recently attended Shanghai Fashion Week in October 2020, and discussed and shared his business experience and industry trends with…
Nike To Cut 400 Employees In China
According to reports in foreign media, Nike started a new round of layoff and 400 employees in China may lose their jobs during the process.