China Economic ReviewAccording to a report by the British NGO Futures Group Europe, most Chinese condoms are well below international standards and even ones failing domestic-standard safety checks are finding their way onto the market. China has only seven domestic condom manufacturers, which produce plain unmarked foil-wrapped goods in three quality categories. These are then repackaged by […]
The Italian fashion retailer Benetton has opened its largest store in the world in Shanghai. The 3,000 sq metre outlet covers four storeys of a building on Huaihai Road and is the group's first megastore in China. Benetton joins several other European fashion companies that are targeting the China market. In September, Giorgio Armani said […]
Fast Retailing of Japan has opened its first two Uniqlo discount clothing stores in Shanghai, AFX-Asia agency reported. The company said that it had high hopes for the Chinese market and that it would focus on the Shanghai area, which is within three hours drive of the company's Chinese factories that produce 90 per cent […]
Chinese retailer Tianjin Quanye was reported by China Securities Journal to have signed a memorandum of understanding to form a joint venture with French hypermarket operator Carrefour. Quanye would own 35 per cent of the venture, which would open four supermarkets in Tianjin. Carrefour, the world's second largest retailer, currently has 20 stores in China […]
German retailer Metro plans to open three new stores in China by the end of 2002, Reuters reported. The new stores would be in Tianjin, Xiamen in Fujian province and Xian in Shaanxi province, and they would take the 11 total number of Metro stores in the country to 18. The company regards China as […]