Galeries Lafayette Appoints First CEO For China
French luxury department store Galeries Lafayette has appointed Paul Burke as new chief executive officer for the China market.
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Amazon.com Cooperates With Shanghai Pilot Free Trade Zone For Direct Delivery To China
The management committee of China (Shanghai) Pilot Free Trade Zone and Shanghai Information Investment have respectively signed a memorandum of cooperation with Amazon.com aimed at cross-border e-commerce development.
Danone Becomes Second Largest Shareholder Of Mengniu
China's Mengniu and France's Danone jointly announced in Hong Kong that the two parties have signed an agreement under which Mengniu will issue new shares to Danone.
Metro China President Confirms Expansion Strategy
Jeroen de Groot, Metro's newly appointed China president, recently revealed to the Chinese local media that Metro will accelerate its expansion in China through both owned real estate and leasing models.
China's Capital City Welcomes French Department Store
French department store group Galeries Lafayette and Hong Kong's I.T Group jointly announced that Galeries Lafayette's first Chinese flagship store has been officially opened in Beijing.
France's Danone Acquires 8.3% Stake In Chinese Dairy Company
The world's leading yogurt maker Danone announced that it has agreed to acquire a 8.3% stake in the Chinese dairy company Mengniu, and it will establish a joint venture with Mengniu in China. Prominent Achiever…
Chloe Locates First Asian Concept Flagship Store In Shanghai
The French fashion brand Chloe opened a new flagship store in Citic Square, Shanghai.
Carrefour Spends CNY5 Million For Shanghai Testing Center
French supermarket retailer Carrefour has spent CNY5 million to build a new food safety testing center in Shanghai.
Adidas' Revenue Up 31% In China In Q2 2011
The world's leading sportswear maker Adidas has published its financial results for the second quarter of 2011, stating that its operating revenue in Greater China increased by 31%.
French Supermarket Gains Green Certification In China
China Certification & Inspection Group has reportedly issued the Green Market Certification to Carrefour's six stores in Beijing, making the French supermarket one of the first retailers to gain the certification in the Beijing region.