Brazilian Flip Flops Brand Enters Suzhou Jiuguang
Brazil's well-known flip flops brand Ipanema opened a new store in Jiuguang Department Store, Suzhou, which is reportedly Ipanema's seventh store in the city.
Spain
China's Wanda To Acquire Largest Cinema In Europe
American cinema operator AMC Entertainment Holdings, a subsidiary of China's Wanda, announced that they will invest GBP921 million, which is about CNY8.01 billion, to acquire Odeon & UCI Cinemas Group from the private equity firm…
Carrefour China Sales Decline 11.2% In Q3 2015
French retailer Carrefour realized sales of about EUR21.5 billion in the third quarter of 2015, a year-on-year increase of 4.2%; meanwhile, its sales in China decreased by 11.2%.
China's Bright Food Group Acquires Spain's Miquel
China's Bright Food Group announced in Barcelona that the group has completed its acquisition of Miquel Alimentacio, a food distributor in Spain.
Mango To Launch Clothing Megastore In China
Spanish fashion brand Mango announced a new retailing model focused on megastores around the world, and its first megastore in China will soon be located in Shanghai.
Zara To Open Chinese Internet Store In September 2012
Spain's Inditex, parent company of the fast fashion brand Zara, has announced plans to launch an Internet apparel store in China in September 2012.
Hong Kong Company Acquires U.K. Luxury Apparel Brand
Hong Kong apparel wholesale and retail business operator YGM Trading Limited has announced that it has reached an acquisition agreement with Aquascutum, a British luxury apparel brand, to purchase the assets and businesses of the…
Adidas' Revenue Up 31% In China In Q2 2011
The world's leading sportswear maker Adidas has published its financial results for the second quarter of 2011, stating that its operating revenue in Greater China increased by 31%.
Zara's Parent Company To Open 120 New Stores In China
With the opening of Stradivarius, a sister brand of Zara, at Beijing's Solana shopping mall, Spanish Inditex Group has introduced all its four brands, including Zara, Stradivarius, Pull&Bear, and Bershka into Solana.
Spanish Pizza Company, Christine Create JV In China
Spanish pizza giant Telepizza and the bakery chain Christine have signed a letter of intent to set up a joint venture for their expansion in the Chinese market, with each party owning a 50% stake.