The China unit that was spun off from KFC-owner Yum Brands reported adjusted earnings per share of $0.44 and revenue of $1.28 billion. Analysts had forecast EPS of $0.38 on revenue of $1.27 billion, according…
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L Brands’ March comps sink
L Brands operates 3,078 company-owned specialty stores in the United States, Canada, the United Kingdom and Greater China, and its brands are sold in more than 750 additional franchised locations worldwide, as well as online.…
The Great Made in China brand remould
As a global manufacturing hub, China is now trying to break out into new, higher value-added product development. Is “Made in China” ready for a brand facelift? Spire Research and Consulting shared its insights, published…
China's stock market regulator greenlights 10 IPOs
BEIJING, April 8 (Xinhua) — China’s stock market regulator has approved the initial public offering (IPO) applications of ten companies. The companies will be allowed to raise no more than 3.1 billion yuan (about 450…
Beijing-Seoul Rift Over Missile Defense Disrupts Deal Making
This time last year, South Korean private-equity firm MBK Partners LP was shopping around a rich prize—the South Korean operations of ING Groep NV, which it had acquired in 2013 as part of a planned…
Yum China posts positive Q1 on takeout sales, tax break
SHANGHAI Yum China Holdings Inc (YUMC.N) posted a slight rise in first-quarter same-store sales, helped by a jump in takeout demand and improvement at its flagging Pizza Hut brand as the newly spun-off firm looks…
China is building a brand-new city twice the size of New York City
At a total area of 305 square miles, New York City is quite the sight to behold. So imagine the opulence of Xiongan New Area, a newly proposed city in China that would measure 772…
Xi says China, Finland to increase cooperation under China-EU framework
HELSINKI (Reuters) – China and Finland will increase cooperation under the China-European Union framework, President Xi Jinping said on Wednesday after arriving in Finland for his first visit as head of state. Xi is due…
Billionaire Warren Buffett becomes face of Cherry Coke in China
In Communist-ruled China, where Chairman Mao portraits are as ubiquitous as brand-name logos, Buffett’s business acumen has made him a celebrity and inspired thousands of Chinese investors to reportedly flock to Omaha, Nebraska, for Berkshire…
China March data seen showing solid growth but all eyes on Trump-Xi meeting
BEIJING (Reuters) – A flurry of data in coming weeks is expected to show China posted solid economic growth in March, as President Xi Jinping and President Donald Trump meet for the first time this…
Yum China posts positive first-quarter on takeout sales, tax break
SHANGHAI (Reuters) – Yum China Holdings Inc posted a slight rise in first-quarter same-store sales, helped by a jump in takeout demand and improvement at its flagging Pizza Hut brand as the newly spun-off firm…
China’s e-commerce boom part IV: Creating a buzz overseas
Even if consumers have not personally visited the particular country, foreign brands are finding innovative ways to generate excitement and build support in China. “Online videos that show the people, places and customs of the…
Is China's counterfeit goods market tarnishing the reputation of its homegrown brands?
Chinese brands, such as Huawei, Oppo, Xiaomi and Alibaba, could suffer from negative brand perceptions in international markets as a result of China’s notorious counterfeit goods market. Despite an increase in quality and value from…
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