In February, retail sales in Singapore experienced a significant surge, partially attributed to the shifting timing of the Chinese New Year. According to data released by Singapore’s Department of Statistics, retail sales, excluding automobiles and related…
Starbucks recently finalised a significant strategic transaction with Boyu Capital, effectively transferring majority control of its China-based operations to the investment firm. Initiated back in November, this strategic move is designed to stimulate the…
The renowned Chinese hotpot restaurant chain, Haidilao, announced that it generated over US$93.9 million in revenue from its operations in Vietnam in 2025, marking a 7% increase from the previous year. This solid performance propelled Vietnam to become…
Chinese restaurant chains are accelerating their growth in South Korea, capturing customers in the major tourist regions of Seoul with genuine Chinese food. This development is fueled by a boost in sales. Emerging Leaders in the Industry Among the most…
Levi Strauss & Co. has announced that Anita Fung will take on the role of Managing Director for the Levi’s brand in Greater China. The region is a key strategic market for the company, and this appointment is an important step in their long-term growth plans.…
FedEx, a global leader in express transportation, is bolstering its commitment to sustainability across the Asia Pacific through the inauguration of a new solar installation at the FedEx Shanghai International Express and Cargo Hub. This marks a significant…
HSBC, the London-based financial institution, recently announced two significant additions to its Chinese wealth management and private banking sector. New Leaders at the Helm Max Xu has been appointed the head of international wealth and premier banking…
After a six-year break, Air China has reinstated direct flights from Beijing to Pyongyang. This comes as another indication that North Korea is gradually becoming more accessible, following the reestablishment of train services between the two capitals.…
DPC Dash, the firm in charge of Domino’s operations in China, has noted a substantial revenue increase as well as an ambitious expansion of stores across the country for the fiscal year 2025. The firm’s recorded revenue growth constituted a 24.8% increase…
DPC Dash, the franchisee responsible for operating Domino’s outlets across China, has announced significant revenue growth and an ambitious store expansion campaign throughout the country in 2025. Impressive Revenue Growth DPC Dash declared a 24.8% rise in…
Gap, the prominent American clothing retailer, is said to be significantly expanding its footprint in Greater China. The company’s plans include opening 50 fresh storefronts throughout mainland China during the current year, as well as reestablishing its…
In a fiercely competitive market, Chinese food delivery titan Meituan has reported a second consecutive quarterly loss, slightly missing projected revenue growth. Over the past year, the company has weathered intense competition sparked by aggressive subsidy…
PDD Holdings, the parent company of Temu, failed to meet its quarterly revenue and profit forecasts this Wednesday. The company highlighted the increasing domestic competition coupled with worldwide uncertainty as factors that will continue to impact…
German luxury leather goods brand, Aigner, has entered into a collaboration with Melchers China to bolster its presence in mainland China. Partnership Details As per the arrangement, Melchers China will handle all facets of Aigner’s local retail and…
In the initial two months of 2026, durian exports to China have seen a significant upsurge, increasing by 469% compared to the previous year. Lobster exports have also witnessed a substantial rise, growing by 65% during the same period. The sale of durian…
US-based fashion behemoth, Guess, has announced plans to shutter all its outlets in Mainland China by the end of this month. This move is seen as a continuation of the trend witnessed in recent years where multiple foreign labels have ceased operations in the…
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