financial crisis

Carrefour China Sales Decline 11.2% In Q3 2015

French retailer Carrefour realized sales of about EUR21.5 billion in the third quarter of 2015, a year-on-year increase of 4.2%;…

9 years ago

Italy's Antonia To Enter Chinese Market With First Store In Macau

Italian luxury fashion brand Antonia has signed a franchise agreement with Canudilo Group for Chinese market expansion. (more…)

9 years ago

Hong Kong Retail Sales Decreased 0.2% In 2014

Hong Kong's total retail sales in 2014 were HKD493.3 billion, a year-on-year decrease of 0.2%. (more…)

9 years ago

Chinese Retailer Closes Stores As Economic Fortunes Disappear

Shenzhen-based retail chain Ren Ren Le recently closed seven additional stores after the publishing of its third quarter financial report.…

9 years ago

Yum Profit Down 3.9% In China As Company Plans Menu Price Increase

The international food and beverage group Yum! Brands Inc. has published its performance results for the third fiscal quarter of…

13 years ago

Chinese Luxury Goods Consumption Reached USD10.7 Billion

According to the latest report published by World Luxury Association, in 2010 the total consumption in the Chinese mainland luxury…

13 years ago

Beijing Jingkelong's Net Profit Down 5.7% In 2009

Beijing-based supermarket retailer Jingkelong has published its annual financial report for 2009, stating that it made a net profit of…

14 years ago

China's Mofcom Launches Five Measures To Stimulate Consumption

Jiang Zengwei, the deputy director of China's Ministry of Commerce, and Fang Aiqing, the assistant director of the Ministry of…

14 years ago

Macau's Retail Sales Up 16% In 2009

Data released by Macau Statistics and Census Bureau shows that Macau's retail sales reached MOP22.11 billion in 2009, an increase…

14 years ago

Isetan To Open Second Store In Tianjin

According to reports from Japan's Kyodo News, Japanese department store company Isetan Mitsukoshi Holdings has announced plans to open its…

14 years ago