A.S. Watson Group, the retail arm of Hong Kong conglomerate Hutchison Whampoa, intends to double its presence in China by 2011, the Financial Times reported. The group recently opened its 500th Watsons store in China, and plans to spend US$80 million on establishing 1,000 stores in the country by 2011 as part of a larger […]
Category: Consumer
Julien Hemard started working with premium beverage maker Pernod Ricard in 1995. He took a marketing director position with Pernod Recard China in 2003. Three years later he took a year-and-a-half detour through the Philippines, where he served as country managing director, before returning to the mainland to take up his current position. It was, […]
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US: Chinese drywall corrosive
The US Consumer Product Safety Commissions released a formal report yesterday finding that Chinese drywall installed in US homes has a "strong association" with structural and health problems found in those homes, the New York Times reported. Investigators said that hydrogen sulfide gas and formaldehyde emitted by the drywall was a possible cause of respiratory […]
A new breed of mainland buyer is making his presence felt in pre-modern Chinese art circles
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Coca-Cola eyes China expansion
Coca-Cola plans to double its bottling plants in China over the next 10 years and triple sales by targeting the country’s emerging middle class, the Financial Times reported. Doug Jackson, president of Coca Cola’s China business unit, told investors in Atlanta that the company would expand its sales force in order to reach 4.7 million […]