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Chloe Locates First Asian Concept Flagship Store In Shanghai

Wed, 22 May 2013 21:58:16 -0400

The French fashion brand Chloe opened a new flagship store in Citic Square, Shanghai. This is the company's second concept flagship store following the one opened in Paris. Located in the West Nanjing Road commercial area, the new Chloe concept flagshi...

GM China Advanced Technical Center Receives LEED Silver Certification

Wed, 22 May 2013 06:15:00 -0400

World Environment Center, China Eco-Efficiency Research Center, and SGM Wuling Launch Partnership in Guangxi, China

Wed, 15 May 2013 04:45:00 -0400

China Jo-Jo Faces Delisting In USA

Mon, 13 May 2013 09:10:32 -0400

Chinese pharmaceutical and healthcare products provider China Jo-Jo Drugstores Inc. was notified last week that it may soon be delisted. Nasdaq notified the company of its failure to maintain a minimum closing bid price of USD1.00 over the then precedi...

DHL Adds Luxury Goods Logistics Center In Shanghai

Tue, 23 Apr 2013 12:27:30 -0400

DHL announced plans to build a fashionable customized logistics center in Jiuting, Shanghai, to provide distribution and delivery of luxury goods. According to a representative from DHL, with an investment of EUR4.3 million, the new logistics center wi...

Carrefour Adjusts China Business Structure

Tue, 16 Apr 2013 15:11:35 -0400

French retailer Carrefour has added a new greater central region department in China. Prior to this, Carrefour's Chinese structure included the east China region, the north China region, the northeastern region, and the central and western region. Afte...

Uniqlo To Open Largest Flagship Store In Shanghai

Sun, 14 Apr 2013 19:03:25 -0400

Japanese apparel retailer Uniqlo announced plans to open its largest flagship store worldwide in Shanghai by the end of 2013. The scale of this new flagship store will reportedly exceed those in Tokyo, New York, and Paris. This new flagship store will ...

Nestle To Invest CNY100 Million To Build Coffee Center In China

Wed, 10 Apr 2013 15:30:45 -0400

Nestle announced plans to invest at least CNY100 million to build a coffee center in China, aiming to improve coffee consumption in the Chinese market. Heiko Schipper, director for Nestle Greater China business, said that the coffee industry has a larg...

Nokia Closes Largest Store In Mainland China

Tue, 09 Apr 2013 13:49:36 -0400

Nokia has shut its flagship store in Shanghai's Nanjing East Road, which is the company's largest store in mainland China. Nokia also confirmed the news and said they will reduce self-owned stores in the future and enhance e-commerce, operator, and dis...

Forever 21 Targets Chinese Market With New Shenzhen Location

Tue, 02 Apr 2013 16:42:26 -0400

American fashion brand Forever 21 will reportedly open its first store in Coastal City, Shenzhen. A representative from Coastal City also confirmed the news and said the new store is expected to be launched this summer. Forever 21 is a popular fashion ...

Media Markt To Close Seven Stores In China

Tue, 05 Mar 2013 19:59:25 -0500

Media Markt China announced on its official website that the company will be closing its seven electronics retail stores in the country on March 11, 2013. According to the statement, Media Markt's Chinese stores will remain open until March 11. After t...

GOOG and AMZN lead the Market higher Despite Light Volume

Tue, 05 Mar 2013 00:27:00 -0500

Lansue&Co Opens Shanghai Outlet

Wed, 27 Feb 2013 14:15:43 -0500

Fashion loungewear brand Lansue&Co recently opened its first department flagship store at Hongqiao Tendo in Shanghai. Located at No. 919 on Tianshan Road, the new Lansue&Co flagship store has an area of about 156 square meters. Following the dominant color tone of blue and white of the brand, the new store provides a feeling of [...]

More Chinese Are Using Mobile Phones To Pay For Online Goods

Sun, 03 Feb 2013 11:30:01 -0500

Chinese third-party Internet payment service provider Alipay.com has published its report showing that the mobile payment service developed rapidly in China in 2012 with 546% year-on-year growth by trading value; and the number of people who used this ...

Nestle Enters Chinese Protein Powder Market

Tue, 29 Jan 2013 20:45:22 -0500

Swiss food and beverage firm Nestle announced the launch of its new Yiyang brand in China, marking its entry into the Chinese protein market. Roland Decorvet, Nestle's global senior vice president and president for Greater China, said that as a world-l...

Italian Nightwear Brand Opens Flagship Store In Beijing

Mon, 21 Jan 2013 10:06:43 -0500

Italian luxury nightwear brand La Perla recently celebrated the opening of its new flagship store in Beijing's Parkview Green with 300 invited guests. The design concept of La Perla's new store is from the well-known Milan designer Buratti & Battiston. Combining the painting of the Italian painter Milo Manara displayed in the shop window, the [...]

China’s No.1 Pharmacy To Acquire 50% Stake In Lianhua Fuxing Drugstore Chain

Thu, 17 Jan 2013 16:06:03 -0500

Chinese pharmacy operator No.1 Pharmacy plans to acquire a 50% stake in Shanghai Lianhua Fuxing Drugstore Chain Management Company Limited held by Shanghai Fosun Pharmaceutical (Group) Company. No.1 Pharmacy's press release about this acquisition did n...

PepsiCo, Burger King Form Strategic Partnership For Chinese Restaurants

Tue, 15 Jan 2013 14:44:41 -0500

U.S. food and beverage giant PepsiCo has established a strategic partnership with the fast food provider Burger King in China. According to the agreement signed by the two parties, PepsiCo will become the exclusive supplier of soft drinks in Burger Kin...

New Classic MOKE Motor Vehicle Launched

Sun, 09 Dec 2012 20:07:31 -0500

Coach To Open New Flagship Store In Chengdu

Mon, 03 Dec 2012 18:59:52 -0500

American luxury brand Coach is planning to open a new flagship store in Chengdu, provincial capital of Sichuan province, and the new store will probably be located in Chengdu's International Financial Center. Jonathan Seliger, president and chief execu...

Pepsi Establishes New R&D Center In Shanghai

Sun, 18 Nov 2012 20:10:25 -0500

U.S.-based food and beverage company PepsiCo Inc. has established a new research and development in Shanghai, site of the company's largest R&D center outside of North America. With an investment of about CNY200 million, the new Shanghai R&D ...

Lotte Mart Will Open Ten More Outlets In China By Year’s End

Thu, 11 Oct 2012 20:56:36 -0400

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 the end of 2012. Lotte Mart recently opened a new...

Top 15 top cities to visit in the world – 2012-2013 cities list

Thu, 27 Sep 2012 09:06:45 -0400

If you are planning your next holiday trip, we came up with 2012-2013 list of top 15 cities to visit in the world — a must See Destinations. In the middle of a recession, London “The Olympics! The Queen!” – ranks on top of the list, following London, Mumbai and Rio took...

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Explore a magic land with Haypi Dragon 1.4, an MMORPG for iPhone and iPad

Fri, 17 Aug 2012 01:43:00 -0400

PodKit Watch™ + ClipClok™ iPod nano® watch accessories hope to be the next Kickstarter success

Tue, 07 Aug 2012 11:09:36 -0400

WA Optimum Health Care Launches Expansion of Aesthetic Department

Mon, 02 Jul 2012 12:34:21 -0400

Why China Doesn't Like Barbie, Best Buy or DIY

Wed, 20 Jun 2012 11:20:00 -0400

DailyFinance.com: In March 2009, iconic American toy manufacturer Mattel (MAT) opened its flagship Barbie store to great fanfare in Shanghai. It spanned six floors, with a majestic staircase that showcased 875 of the company's signature dolls. Excited shoppers ... Read more

China Life Insurance Will Sell Products Via Convenience Stores In Shanghai

Wed, 02 May 2012 19:33:32 -0400

The Shanghai branch of China Life Insurance (Group) Company has signed cooperation agreement with Kedi and Alldays convenience stores for the sale of accident insurance in Shanghai. With the cooperation, the 1,420 Kedi and Alldays convenience stores in...

Online Payment Firm Focuses On Chinese Businesses

Wed, 18 Apr 2012 22:39:46 -0400

Chinese third-party Internet payment company 99bill.com announced that it will launch a new brand image and its new brand core value will focus on providing professional and effective liquidity management solutions to enterprises. Guan Guoguang, chief ...

The Ghost Malls of China: Inside a Commercial Real Estate Bubble

Tue, 17 Apr 2012 01:30:00 -0400

DailyFinance.com: To many observers, the Chinese property market has been exhibiting signs of a bubble. "In Beijing," reports Time magazine, "vast swaths of commercial space sit vacant -- including floors of retail space right next to the iconic Water Cube, the ... Read more

Joint Venture Offers New Hope for Cancer Patients

Mon, 09 Apr 2012 03:22:36 -0400

Harry Winston To Open First Jewelry Store In Shanghai

Fri, 06 Apr 2012 01:56:35 -0400

American jewelry brand Harry Winston announced plans to open its first China flagship store in Shanghai this month. Harry Winston's new flagship store in Shanghai is located in the Xintiandi shopping area. With an area of 5,800 square meters, the new s...

Anthony Tsang Joins The Exclusive Ranks Of Stanford Who’s Who

Mon, 02 Apr 2012 15:41:47 -0400

Chinese Retailers May Gain From Opening Of Logistics Platform

Wed, 21 Mar 2012 23:43:26 -0400

Mecox Lane Limited, operator of the Chinese apparel and accessories e-commerce website M18.com, has announced plans to open its logistics platform and share it with other e-commerce operators in the country. This new move is expected to increase Mecox ...

Kimberly-Clark Building Diaper Factory In Nanjing

Sun, 18 Mar 2012 20:16:25 -0400

Construction has started on Kimberly-Clark's new diaper manufacturing base in the Jiangning Development Zone in Nanjing. According to local media, the factory is expected to begin production at the beginning of 2013. Kimberly-Clark said that the compan...

Wal-Mart Increases Stake In Yihaodian.com To 51%

Sun, 26 Feb 2012 06:47:12 -0500

Wal-Mart reached an agreement with the Chinese e-commerce retail website Yihaodian.com to increase its stake in the website to nearly 51%. The transaction is still subject to the approval of related government departments in China. Founded in July 2008...

Apple fights for iPad trademark in China’s largest city

Wed, 22 Feb 2012 09:53:46 -0500

Apple continued its trademark battle over iPad in China Wednesday in Shanghai, China's largest city and one of the most important places for Apple to sell devices. Proview wants to ban the iPad from stores while Apple argues selling them is in China's best national interest.

B&Q Closes Home Building Retail Store In China

Tue, 07 Feb 2012 02:43:44 -0500

The home supplies retailer B&Q has closed one more store in Nanjing. With this closure, its number of stores in this city within the Yangtze River Delta has been reduced from four to one. This marks yet another store closure after the company's st...

New Huadu Acquires Two E-Mart Stores For CNY9 Million In China

Tue, 31 Jan 2012 00:20:40 -0500

New Huadu has signed an agreement to buy two stores in China from South Korean retailer E-Mart. One of the stores is in Shanghai, and its purchase price is reportedly CNY5.4 million; and one is in Kunshan and reportedly sold for CNY3.6 million. E-Mart ...

McDonald’s Opened 200 Restaurants In China In 2011

Sun, 15 Jan 2012 19:15:30 -0500

According to McDonald's China, the international fast food chain opened 200 new restaurants in China in 2011, marking a new expansion record in the country. With the fast expansion, China has reportedly become the third largest market worldwide for McD...

Chinese iPhone 4S launch the one to watch as lines grow

Thu, 12 Jan 2012 11:50:38 -0500

Apple is in for another huge iPhone 4S launch, if early lineups are any indication. Lines outside Apple's five official retail stores in China have already extended into the hundreds ahead of Friday's launch, which is good news for Apple's next-quarter results.

A Geek’s Guide to China’s Silicon Valley

Tue, 27 Dec 2011 10:31:54 -0500

Twenty years ago, Zhongguancun was but farming fields and small houses, far from the city center of Beijing. The 'cun' at the end of Zhongguancun literally means 'village'. As with much else in China, the change has come lightening fast. Today, Zhongguancun is China's closest equivalent to Silicon Valley. It's host to electronics super malls, research centers, publicly-listed tech giants, and hundreds of startups. During my walk to work between twenty-story office towers, it's hard to imagine this land was farmed but one short generation ago. Here are three reasons why Zhongguancun (or the larger Haidian district) has grown into China's top tech hub:

Chinese Health Products Company Gains Investment

Thu, 01 Dec 2011 21:33:43 -0500

Shanghai-based e-commerce company Lenian.cn has gained a CNY20 million infusion from an investment management company in Hangzhou, China. Founded in September 2010, Lenian.cn is an enterprise engaged in the sales of health products and professional hea...

IICG To Invest Over EUR1.4 Billion In Chinese Shopping Centers Over Next Five Years

Tue, 15 Nov 2011 18:54:56 -0500

Hai Wentian, deputy general manager for Inter Ikea Centre Group China, has revealed to the local media that the group plans to invest over EUR1.4 billion to build new shopping center projects in China in the next five years, with planned project areas ...

Media Markt Opens Fourth Store In Shanghai

Sun, 02 Oct 2011 15:52:15 -0400

The electronics and home appliances retailer Media Markt has announced the opening of a Qibao store, its fourth store in Shanghai. Frank Bussalb, Media Markt's newly appointed chief executive officer for China, revealed to local media that the company ...

Environmental Organization Says Court Action In China Imminent For Tesco, Lianhua

Fri, 23 Sep 2011 04:01:45 -0400

International environmental organization Greenpeace is taking supermarkets in China to court over excessive use of pesticides. Greenpeace says a green vegetable tested at Tesco apparently showed use of methamidophos and monocrotophos, which have been p...

Apple Will Open Its First Store In Hong Kong This Month

Mon, 12 Sep 2011 20:18:36 -0400

Apple will reportedly open its first specialty store in Hong Kong on September 24, 2011. According to reports in Chinese local media, the new Apple store will reportedly be located inside the International Finance Center Mall, which has four floors of ...

Lianhua Teams with Japan’s Growell For Chinese Cosmeceuticals

Wed, 07 Sep 2011 16:45:51 -0400

Chinese supermarket operator Lianhua has formed a partnership with Japan's Growell Group and Shanghai-based Meiribuy to create a three-way cosmeceutical joint venture. Hua Guoping, general manager for Lianhua, told local media that the cosmeceutical st...

Gap Opens Flagship Store In Shanghai

Sun, 14 Aug 2011 22:27:09 -0400

The international apparel retailer Gap has opened a new flagship store in the Pudong New Area of Shanghai. Yang Deming, president for Gap Greater China, told local media that following the opening of two flagship stores in Shanghai's Puxi commercial ar...

Chinese Retailer Takes Larger Stake In Japanese Chain

Sun, 03 Jul 2011 21:24:36 -0400

Chinese home appliances and electronics retailer Suning has announced plans to buy 179 million additional shares from Laox, Suning's subsidiary in Japan, at the price of JPY35 per share. The transaction will reportedly involve about CNY503 million, and...