Aldi To Open First Two Stores In China On June 7
According to reports in Chinese local media, Aldi will formally open its first two Chinese stores in Shanghai on June 7, 2019.
Germany
Brazilian Flip Flops Brand Enters Suzhou Jiuguang
Brazil's well-known flip flops brand Ipanema opened a new store in Jiuguang Department Store, Suzhou, which is reportedly Ipanema's seventh store in the city.
Five Star Appliance To Enter Home Decoration Market With New Brand
Chinese electronics and home appliances retailer Five Star Appliance formally announced plans to enter the home decoration and renovation sector with a new sub-brand named "Sigma Life".
Germany's Aldi Focuses On Chinese E-commerce Sales
Germany's leading retailer Aldi has entered Alibaba's Tmall.hk, the international site of Tmall.
Germany's Aldi Eyes Chinese Retail Entry
German supermarket chain Aldi plans to enter China and other Asian markets with Australia as its springboard in the hemisphere.
ZTE To Build 23 New Retail Stores Worldwide
Chinese smartphone maker ZTE plans to open 20 new stores in major cities across China while launching one specialty store in Germany, Mexico, and Russia, respectively, aiming to improve its product sales and brand influence.
Traditional Chinese Medicine Retailer Accelerates Overseas Expansion
The time-honored traditional Chinese medicine brand Tong Ren Tang says it accelerated its overseas expansion and opened nine new stores in the overseas market in 2015.
Metro China Sales Up 17.4% In 2014/15 Fiscal Year
Germany's Metro Group says during 2014/15 financial year ended September 30, 2015, the group realized sales of EUR59.219 billion, a year-on-year decrease of 1.2%.
Metro Reaches Exclusive Strategic Deal With Alibaba
Alibaba Group and Metro announced an exclusive strategic deal under which Metro's official flagship store will enter Tmall.com, Alibaba's B2C e-commerce platform.
Adidas Opens Additional Chinese Specialty Stores For Women
International sportswear brand Adidas has opened two specialty stores for women in the Sichuan city of Chengdu.