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Banu, a premier hotpot brand originating from Mainland China, has broadened its horizons by launching its very first establishment in Hong Kong. Established in 2001, Banu has seen rapid expansion, operating over 200 outlets across Mainland China. The brand’s…
Three major Chinese airline companies are set to acquire 95 aircraft from Airbus, in deals collectively valued at approximately $17.8 billion. This comes as part of a concerted effort by these airlines to expand their capacities and modernise their fleets…
As part of its agenda to curb perceived unfair competition from online retailers like Shein, Temu, and AliExpress, Europe has initiated a €3 charge on low-value e-commerce imports from China that were previously duty-free. This move constitutes a significant…
Italian luxury brand, Golden Goose, has recently gone through a significant change in ownership. A majority stake in the company is now held by Chinese private equity firm HSG, while Singapore’s investment firm, Temasek, has also joined as a minority…
Judydoll, a renowned beauty brand from China, has made its grand entrance into the European market. This move was achieved through a successful launch on the e-commerce platform, Joybuy, spanning multiple countries including the UK, Germany, the Netherlands,…
The Chinese home-dining retailer, Guoquan, is planning to extend its business to Hong Kong. This move signifies the company’s first initiative outside Mainland China, aligning with their international expansion plans. The retailer anticipates the launch of…
JudyDoll, a popular beauty brand from mainland China, has recently ventured into the physical retail space, having inaugurated its first store in Hong Kong. This move signifies the brand’s ongoing efforts to expand its horizons beyond e-commerce, marking a…
Li-Ning, a prominent sportswear company in China, has recently announced a multi-faceted partnership with NBA Star, Stephen Curry. This exciting collaboration will initially emphasize on the sport of basketball and golf, with future plans to expand into…
Chagee, the acclaimed Chinese tea chain, has experienced yet another boost in revenues, despite the ongoing expansion of its stores seeming to take a toll on its profit margins. Currently, Chagee owns a staggering 7531 teahouses, located primarily in Greater…
JD, the Chinese e-commerce titan, is reportedly considering a significant expansion within the UK market, with a potential £2 billion ($2.69 billion) acquisition bid for the British online retail platform, The Very Group. JD’s Expansive Strategy in the UK…
China’s market regulator recently imposed fines and seizures on seven e-commerce platforms, totaling 3.6 billion yuan (US$527.32 million), for failing to adhere to food delivery safety guidelines. The offenders include prominent companies such as Pinduoduo,…
Kering’s flagship brand, Gucci, is focusing on rebuilding its market position in China following years of stagnation. The luxury company’s complacency resulted in an underwhelming retail experience and poorly situated stores, according to Kering CEO Luca de…
TikTok, the renowned Chinese social media platform, has pledged an investment of $125 million in Ho Chi Minh City. The funds are intended to boost logistics services, digital commerce, and digital payment systems in the bustling Vietnamese metropolis. Pledged…
For the second consecutive year, Chinese hotpot chain Haidilao has earned the title of “the world’s strongest restaurant brand” after experiencing a robust double-digit increase in value. The brand’s worth rose by 16% to reach $3.6 billion, propelling its…
KKV, a leading Chinese lifestyle retailer, has paved its way into Hong Kong, initiating its first store at the bustling Lee Tung Avenue. Phase of Expansion This unveiling signifies yet another step in the brand’s strategy to strengthen its presence in the…
China-based yogurt chain, More Yogurt, is set to make its entrance into the Singaporean market. The addition of a new outlet, opening on January 30, marks the latest in a series of expansion efforts. The company, which boasts annual sales of over 21 million…
