Ajisen Reports 11.1% Operating Revenue Drop In China
Are fewer people eating noodles in China these days? According to a fast food noodle chain, retail expansion may have hit a bumpy patch.
Shanghai
E-commerce Arrives For Chinese Ikea Customers
Ikea China announced that the company will launch its e-commerce business at the end of August 2016 and this business will first begin trial operation in Shanghai.
Japanese Sports Equipment Brand Opens First Experience Store In China
Japanese sports equipment brand Asics opened its first Chinese experience store in Shanghai.
Metro Launches Food & Beverage Institute For Hospitality Professionals In China
European supermarket chain Metro has opened its first Chinese food and beverage institute in Shanghai.
Brookstone Opens New Outlet In Shanghai
Brookstone China has opened its third store in the Shanghai trading area of Xujiahui, at 979 Zhaojiabang Road.
Carrefour Unveils O2O E-commerce Services In Beijing
French retail giant Carrefour officially launched its online store in Beijing. The e-commerce site integrates store delivery, multiple payment methods, dual-language services, and return and exchange at all stores.
Tesla Opens 17th Experience Store In China
U.S.-based electric car maker Tesla has opened a new experience center, which is the company's largest experience center in North China and its fifth owned sales site in Beijing.
Why Is LV Closing Its Chinese Luxury Retail Stores?
International luxury brand Louis Vuitton officially confirmed that the company will close two stores located in Shanghai and Shanxi, respectively, by the end of March 2016.
China's 361 Degrees Net Profit Up 30.2% In 2015
Chinese sportswear maker 361 Degrees Group published its financial report for 2015 in Hong Kong, stating that its turnover reached CNY4.459 billion in 2015, a year-on-year increase of 14.1%; its gross profit was CNY1.823 billion;…
L'Oreal Appoints New China CEO
The world's leading cosmetics group L'Oreal officially announced plans to appoint Stephane Rinderknech as its new China chief executive officer.