Can a stale Ajisen float back to the top of China’s noodle pot?
The once-dominant ramen house’s business has slumped on a mix of intensifying competition and lower consumer spending Key Takeaways: Ajisen said it lost up to 40 million yuan in 2024,…
Xiabuxiabu shutters stores, cuts prices in bid to stop flow of red ink
The restaurant operator warned it swung into the red in the first half of 2024, as consumption in China weakens and intense competition leads to relentless price cutting Key Takeaways:…
NEWS WRAP: Ajisen China tastes success on streamlining campaign
The Japanese-style ramen noodle chain said it returned to the black last year after a two-year overhaul that has produced strong results By Teri Yu Japanese-style ramen noodle chain Ajisen (China)…