According to reports in foreign media, Nike started a new round of layoff and 400 employees in China may lose their jobs during the process.
Nike announced that its first Nike Rise retail concept store in the world – Nike Guangzhou brand experience store was officially opened.
Nike's flagship store in Beijing Wangfujing's shopping area, which is the company's first flagship store in China, will be reportedly closed when its lease expires, and H&M will be the new lessee of this site.
Nike published its financial report for the fourth quarter ended May 31, 2012, stating that its sales in the Chinese market decreased by 3.9% compared with the third quarter.
American sportswear maker Nike has published its financial results for 2011 fiscal year, from May 2010 to May 2011, stating that its sales in the Greater China market reached USD2.06 billion, a year-on-year increase of…
Preparation work is complete on European sports supplies retailer Decathlon's first store in Tianjin and it will go into trial operation soon.
According to reports in local media, the U.S. footwear giant Nike has decided to close its shoe plant in Taicang, Jiangsu.
Chinese sports products giant Li Ning has published its financial report for 2008, which states that due to the 2008 Beijing Olympic Games, the company made total revenues of CNY6.69 billion in 2008, a year-on-year…
Century Mart has announced plans to open a 25,000 square meter hypermarket in Jiangdong District, Ningbo.
International sports apparel maker Nike has announced plans to invest USD99 million to build a new distribution center in the Taicang Economic Development Area, Jiangsu, to reinforce its future development in China.