South Korea's E-mart To Withdraw From Chinese Market
E-mart will reportedly fully withdraw from the Chinese market.
Korea
Anta Acquires Korean Brand Kolon Sport
Chinese sportswear brand Anta announced that its wholly-owned subsidiary Anko and the joint investor of Kolon have signed a joint venture agreement with Kolon for the establishment of a joint venture group.
Korean's Eland To Build Tourism JV With China's Wanda
South Korea's apparel brand Eland recently signed an agreement with China's Wanda Group to establish a tourism joint venture in South Korea.
Lotte Signs Five-year Exclusive O2O Deal In China
Chinese B2C e-commerce website JD.com and South Korean retail giant Lotte.com have signed a strategic cooperation agreement and an exclusive agreement under which JD.com will become the sole strategic partner of Lotte.com in the Chinese…
Asian Shoppers Can Soon Use Credit Cards To Buy Chinese Travel
U.S.-based Digital River, Inc. has signed a payments agreement with Chinese online travel company Ctrip.
Starbucks Will Open Seven Starbucks Reserve Stores In China
Starbucks recently announced a new strategy for the Chinese market in which it will bring a new lineup of Starbucks Reserve coffees and an interactive coffee bar to seven stores in Beijing, Shanghai, Guangzhou and…
Mammut Opens First Southwestern Chinese Store In Chengdu
The outdoor sports supplies brand Mammut has located its first retail store in the southwestern region of China in Chengdu, Sichuan.
Lotte Mart Will Open Ten More Outlets In China By Year's End
While expanding into the Chinese market via acquisitions, South Korean retail giant Lotte Mart also plans to accelerate the opening of new stores and said it plans to open 10 new outlets in China before…
Spanish Underwear Brand To Develop Chinese Market
Women'Secret, the underwear chain brand of Spain's Cortefiel Group, has announced plans to cooperate with South Korea's The Basic House to develop the Chinese market.
Merrill Lynch Asia Real Estate Assets Handed Off To Blackstone
The Blackstone Group has inked an agreement to manage Bank of America Merrill Lynch's Asian real estate assets across Asia, with the majority in Japan, China, India and South Korea.