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…
Stumbling Transsion calls on Hong Kong investors. But will they answer?
The budget cellphone specialist has filed for a Hong Kong IPO, even as its revenue began to fall in the second half of last year Key Takeaways Transssion has filed…
Forest Cabin outpowers L’Occitane, global rivals with aggressive marketing
The 22-year-old skincare brand has filed for a Hong Kong IPO, boasting a higher gross margin than its larger European peer Key Takeaways: Forest Cabin has filed for a Hong…
Harrods retreats from Shanghai as private colleges face degree of reckoning
British retailer Harrods is pulling out of China, just five years after launching its luxury lifestyle brand in the market. Why is it leaving, and are other luxury brands going to follow? And university campus operator XJ International has been selling assets as college education loses its luster. Why are less Chinese interested in such secondary education these days?
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