Planter giant CSW extends roots to Hong Kong
The world’s largest producer of decorative plastic planters has applied for an IPO, boasting a mostly U.S. clientele that includes retailing giants like Lowe’s, Walmart and Costco Key Takeaways: CSW…
What 1.4 billion consumers? Mannings China exit extends foreign retail exodus
The withdrawal by Hong Kong’s largest health and beauty chain comes as parent DFI trims its money-losing assets, and follows a similar departure this year by peer Sa Sa International…
CaoCao hits rocky post-IPO road amid lingering concerns
The ride-hailing platform’s shares plummeted last week, shaving more than $1 billion from its market value in just days and catching retail investors by surprise Key Takeaways: CaoCao shares lost…
Banu cooks up strong growth with cheaper eats, 24-hour stores
The premium hotpot chain has updated its Hong Kong IPO application, but could face headwinds due to recent investor preference for more cutting-edge companies Key Takeaways: Banu has filed an…
Duty-free giant CTG plays hardball to win shop contracts in Shanghai airports
The company’s spat with one of its own subsidiaries highlights the importance of airport outlets for duty free operators struggling with sluggish business in a slowing economy Key Takeaways: CTG…
Tian Tu’s Yoplait China sale leaves sweet, but also sour, taste
The venture capital company has set a new date of Dec. 31 to finalize the sale of its 45% of Yoplait China to a group affiliated with IDG Capital for…
New quack at life? Zhou Hei Ya seeks flight back to relevance
The chain offering snacks made from braised duck necks has opened its first store in Southeast Asia as it concurrently aims to revive its flagging China operation Key Takeaways: Zhou…