Last orders: leading rice noodle chain to delist from Hong Kong
Restaurant network Tam Jai International is being bought out by its Japanese parent after battling weak growth and a troubled expansion plan Key Takeaways: The offer of HK$1.58 per share…
Nissin noodles ladles out new direction with Vietnam asset shuffle
The inventor of instant noodles’ China unit will pay $11.5 million to take over control of the parent company’s Vietnamese subsidiary Key Takeaways: Instant noodle pioneer Nissin’s China unit will…
Miniso Gets Dressing Down in Online Brouhaha
The Japanese-inspired operator of a chain of small, knickknack-selling stores apologizes after netizens accuse it of trying to hide its Chinese roots Key Takeaways: Miniso’s shares are down 17% since…
Miniso Steps Up International Expansion in Search of Fatter Profits
Japan-inspired budget retailer’s overseas revenue is growing rapidly, helping it improve margins, following aggressive international expansion Key takeaways: • Miniso said it plans to open four new stores in Italy…
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