Avon China Sales Down 30% In Q2 2014
American cosmetics company Avon published its financial report for the second quarter of 2014 and stated the closure of some of its retail stores caused the company's sales in China to decline by 30%.
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China's Lenovo And Hisap Reach Strategic Cooperation
To enhance its leading position of its PC and mobile Internet terminals in the Chinese consumer market, the Chinese PC maker Lenovo has signed a full-service expansion strategic cooperation agreement with the IT and electronic…
China's Retail Sales Up 16.2% In October 2009
The National Bureau of Statistics of China has published major economic statistics for October 2009 and stated that China's retail sales increased by 16.2% year-on-year to CNY1.172 trillion.
China Retail Drug Sales Reached CNY66 Billion In H1 2009
Yu Deming, the director of the China Pharmaceutical Enterprises Association, stated at "The 4th Growing Pharmaceutical Enterprise Development Forum" that China's drug retail market reached CNY66 billion in the first half of 2009, an increase…
Beijing's Retail Sales Up 12.6% In Q1 2009
According to Beijing Statistics Bureau, as a result of stimulation by a series of domestic demand expanding and consumption promoting measures, Beijing's retail sales in the first quarter of 2009 reached CNY122.12 billion, an increase…
Beijing: Daily Retail Sales Of CNY88.88 Million Over Qing Ming
According to statistics published by Beijing Committee of Commerce (the former Beijing Bureau of Commerce) during the five days around the Qing Ming Festival, 35 Beijing retailers realized total sales of CNY444 million, a year-on-year…
Gome To Hire 20,000 Migrant Workers Around China
While most electronics companies are busily cutting staff, Chinese electronics retailer Gome has announced plans to hire 20,000 migrant workers for its four subsidiaries in China.
China's Bright Dairy And Yili Made Losses In Q3 2008
China's two dairy giants Bright Dairy and Yili have released their financial reports for the third quarter of 2008 and, being affected by the melamine scandal, each of the companies made net losses of over…
Best Buy Gains Approval To Open Four More Stores In China
In its second quarter financial report the international electronics retailer Best Buy says that it has gained Chinese local government approval to open four new stores in China.
Chinese Consumer Goods Retail Sales Expand In February
China's National Bureau of Statistics says the total retail sales of consumer goods in January and February 2008 reached RMB1.74 trillion, a year-on-year increase of 20.2 percent.