Hairmax International announced that it entered into a letter of intent with Hainan province-based Xinbiaobang Spa and Salon to expand its salon and spa operations on the mainland. US-based... Read more
UK-based retailer Tesco agreed to purchase a 50% share in Hymall Commercial Retail Group for US$259 million as part of its strategy to enter the mainland retail market. Hymall is a subsidiar... Read more
Shanghai Wanbang Cruises said it would compensate passengers for late departures of its cruise ship, billed as China's only five-star luxury liner. The move comes just a week after China... Read more
A KPMG survey of 136 foreign consumer companies operating in the mainland found 70% of them are making money or breaking even. KPMG found 23% were making significant profits and 47% breaking... Read more
Giordano International Chairman Peter Lau told Bloomberg the clothing chain would buy retail properties or possibly merge into an acquiring one to drive growth and expand into new markets. T... Read more
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