Bloomberg: On the edge of Tiananmen Square, just across the street from Mao Zedong’s tomb, He Yingying munches on a piece of chicken and gazes at the benign-looking figure beaming down at her. “We love him,†she says, bursting into an impish smile. The 21-year-old student from Beijing’s Capital University of Economics and Business isn’t […]
McDonald’s No Match For KFC In China As Colonel Rules Read More »
Financial Times: Rapid expansion in China boosted trading at Burberry, the luxury goods group, in the final three months of last year. The group said like-for-like retail sales grew by 36 per cent in the quarter after the group took full ownership of 50 stores in China from a franchisee agreement. China recorded like-for-like comparable
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Kansas City Star: Topeka-based Collective Brands Inc. is planning to take its Stride Rite children’s shoe brand to the world’s most populous market, opening stores in mainland China next year, its chief executive officer said. The company is teaming up with Li & Fung Retailing and will also open stores in Hong Kong, Malaysia and
Collective Brands Strides Into China With New Shoe Stores Read More »
Franchising.com: Starwood Hotels & Resorts Worldwide, Inc. is lengthening its long established lead in China as one of the largest four and five star hotel operators here with 62 existing hotels and a pipeline of 86 new hotels. Now through 2011, one in every three new Starwood hotels will open in China, including new brand
Starwood Increases Long Established Lead In China Read More »
Pitchengine.com: The Little Gym International, the premier developer of skills in children worldwide, today announced that it has entered into a joint venture that will bring the concept to mainland China. The Little Gym Ventures (Shanghai) Co., Ltd. is represented by TLGI and Shanghai Lan Yue Yang Educational Information & Consulting Company Limited, whose principal
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Macau Daily Times: Several local brands are looking to enter the mainland China market through franchising, the Macao Trade and Investment Promotion Institute (IPIM) president told Macau Daily Times yesterday. After the opening of the three-day 2010 Macao Franchise Expo (MFE), Jackson Chang said many business opportunities were available, particularly for young entrepreneurs. In its
Local Brands Eye Franchise In China Read More »
MarketWatch: Billy Martin’s, the western lifestyle retail boutique, and subsidiary of Real American Brands, Inc. is pondering expansion in China that could bring cowboy boots and authentic American-made western apparel, belts and buckles to the far East. “In the current fiscal year, we see good prospects for positioning Billy Martin’s to serve the Chinese market
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Trading Markets: Little Sheep Group Limited, one of the leading hot-pot restaurant chains in China, said at the 2010 franchisee conference held on June 16 that it would seek for franchisees around the world this year and put a lid on franchise business in some major Chinese cities such as Beijing, Shanghai, and Shenzhen. Zhang
Little Sheep Seeks For Franchisees Globally Read More »
AsiaOne: After a six-month negotiation, US fast food giant KFC on Thursday signed its first collective contract on the Chinese mainland with its employees in Shenyang, capital of Liaoning province. According to the contract, more than 2,000 workers of the 66 KFC and Pizza Hut outlets, under the Yum! Brands Inc in Shenyang, will get
KFC Latest Company To Increase Salaries Read More »
FLEXNEWS: Singapore’s food and beverage retailer BreadTalk plans to more than triple the number of its outlets in Asia in two years with China leading the business expansion. The company intends to increase the combined number of outlets for its bakery chain “BreadTalk” and Chinese-style cafe “Toast Box” brands to 1,000 by 2012 from 314
Singapore’s BreadTalk Says To Grow Aggressively In China Read More »
