John Culver, former president for Starbucks China and Asia Pacific, has been promoted; and Jeff Hansberry, former head for channels in China and Asia Pacific, was appointed new president for Starbucks China and Asia Pacific.
Starbucks announced that it has signed an agreement with Hong Kong Maxim's Caterers Limited, Starbucks' joint venture partner in southern China, to gain a 100% stake in over half of Starbucks coffee shops in mainland…
During Starbucks' recent investor conference, the company announced plans for even greater China growth.
Starbucks' instant coffee product Via is expected to be launched in Taiwan in 2011.