Top news of the week: 04.08.2022.
Decoding Ralph Lauren’s New China Strategy
Ralph Lauren unveiled a new store in Chengdu and the first Ralph’s Bar in China. How has the corporation built its key city ecosystem approach?
Salesforce shutters Hong Kong office, leans on Alibaba in China
Salesforce is repositioning itself in China as it looks to expand the reach of its customer relationship management software in the country. The company is “accelerating” its strategic ...
Hermes bounces back in China as margin hits record high
Sales at Birkin bag maker Hermes rose sharply in the second quarter, lifted by fast growth in Europe and the United States, and rebounding quicker than rivals in China after lockdowns eased ...
Yum China Holdings, the owner of the KFC and Pizza Hut restaurant chains in China, took a beating from the mainland’s
Yum China Holdings said its earnings in the three months ended June 30 came to US$83 million, down 54 per cent from the same period last year after stringent pandemic measures barred diners.
Nancy Pelosi Arrives in Taiwan in Defiance of China: Live Updates
Full coverage of House Speaker Nancy Pelosi’s visit to Taiwan.
The owner of Harbour City and Times Square issued a cautious outlook amid increasing interest rates and geopolitical tensions
Revenue declined 17 per cent compared with the first half of 2021, but the company reported a 3 per cent increase in underlying net profit while issuing a cautious outlook.
Even if TikTokstagram works, it won't
Read to the end for a whole bunch of links
The Tencent-backed on-demand delivery firm abruptly announced on Thursday that it had run out of cash, dismissing workers and leaving suppliers unpaid
The Beijing-based on-demand delivery firm abruptly announced on Thursday that it had run out of cash, dismissing workers and leaving suppliers unpaid.