“We only have a very modest goal in the coming three years,” The New York-listed firm, spun off from Yum Brands Inc in 2016, owns Pizza Hut, KFC and Taco Bell in China and is…
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Yum China Outlines Innovation Powering Growth Strategy at 2019 Investor Conference
Brands, Inc., Yum China Holdings, Inc. (“Yum China” or the “Company”) (YUMC) hosted the 2019 Investor Day in Shanghai, China. At the event, Yum China’s Chief Executive Officer, Joey Wat … ( read original story…
Why these mothers rejected a $5million deal to sell their beauty brand in China
Melbourne mothers Carly Pountney and Cassie Sanghvi launched their multi-million dollar skincare brand The Base Collective in 2016. But when they were offered a lucrative $5 million deal to sell their … ( read original…
China sports brand Anta goes global, taking on Nike and Adidas
SHANGHAI/HONG KONG/TOKYO — Anta Sports Products, a minor leaguer outside of China, is buying the Finnish owner of athletic brands such as Wilson for 4.6 billion euros ($5.17 billion), looking to … ( read original…
China Proposes Luxury Tax Increase to Rein in Millennial Debt
China should increase the luxury goods tax rate as a way to curb younger generations’ irrational spending on luxury brands, a Chinese official proposed at the country’s annual “Two Sessions” last week … ( read…
Satellites and shoe-leather: How investors get beyond China’s dubious data
Bye cites the example of the 2013 crackdown by Chinese authorities on gift-giving by officials, which skewed demand for luxury brands. “Therefore, China growth numbers out of some high-end … ( read original story …)
China sports brand goes global, swings deal for Wilson owner
SHANGHAI/HONG KONG/TOKYO — Anta Sports Products, a minor leaguer outside of China, is buying the Finnish owner of athletic brands such as Wilson for 4.6 billion euros ($5.17 billion), looking to … ( read original…
China works to contain outbreak of African swine fever
Amid the outbreak, it is estimated that China’s giant pork industry could see production … Sylvain Charlebois is a professor of food distribution and policy at Dalhousie University’s business school … ( read original story…
StanChart, UBS settle Hong Kong IPO misconduct case
Both banks were investigated for their roles in the 2009 IPO of China Forestry, a company that was later delisted from the Hong Kong stock exchange for accounting irregularities and put into a liquida… (…
Ant Financial reportedly preparing to IPO on Shanghai tech board
Alibaba’s financial arm Ant Financial is reportedly preparing for an initial public offering (IPO) on China’s new Nasdaq-style equity board, said state-owned media on Monday citing a delegate from the … ( read original story…
Local tourism industry navigates political spat with China
Various Canadian businesses or brands could be at risk because of the tensions, according to Amy Hanser, a sociology professor at the University of B.C. who has studied Chinese consumers. ( read original story …)
Haier to Unveil 7-Brand Smart Home Solution for Global Users to Customize Their Smart Life
hereinafter referred to as “Haier”, is going to unveil its multi-brand Smart Home Solution dedicated to enhancing the convenience of smart living at the 2019 Appliances & Electronics World Expo (AWE 2… ( read original…
China’s largest watch retail alliance
and accounts for 30% of Swiss watch sales in China. Through long-term stable cooperation with Swatch Group, LVMH, Richemont, Kering and Rolex, Xinyu carries 52 international watch brands including Bre… ( read original story …)
