Luxury goods grapple with the downturn; the Roman/Greek/Biblical fate of Huang Guangyu
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Category: Consumer
Retail sales will stay healthy, despite Chinese shoppers modifying their spending
The economic crisis will squeeze, not choke, Chinese consumers, says JWT’s Greater China CEO
Italian haute couture looks to China for salvation
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Sanlu declared bankrupt by local court
Sanlu, the dairy company most closely tied to the tainted milk scandal, has been declared bankrupt by a court in its home city of Shijiazhuang in Hebei province, Bloomberg reported. According to a statement from Fonterra, the New Zealand dairy group that is a joint venture partner of Sanlu, a receiver will take over management […]