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  • November 28, 2014
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Results 1 - 10 of 11 for sport in china

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  1. Business - Companies - RETAILING

    Fonterra pushes plans for own-brand milk in China

    Posted Sep 25th 2013, 10:35am by Reuters in Wellington

    ... the recent contamination scare, when it said it found potentially fatal bacteria in one of its products, triggering recalls of infant milk formula and sports drinks in nine countries including China ... for own-brand milk in China Fonterra, the world's largest dairy processor, is moving ahead with plans to launch its own branded milk formula in China, undeterred by a recent botulism scare ...

  2. Business - China Business - RETAILING

    New e-commerce service takes challenge to rival Alibaba

    Posted Jul 28th 2014, 04:27am by BIEN PEREZ

    ... China market within the next three years because of Shanghai Media Group's broad reach and our unique concept," Thomas Zilliacus, YuuZoo's chairman and chief executive, told the South China Morning Post. "We're creating a new value proposition for both consumers and advertisers by linking social networks with e-commerce to TV shows." Earlier this month, ...

  3. Business - Companies - RETAILING

    Swiss sportswear firm Intersport enters China with plan for 100 shops

    Posted Aug 07th 2013, 12:00am by Celine Sun

    ... department store operator New Huadu Supercenter to open up to 100 large-sized sports goods stores over the next five years. The first store will be in Fuzhou, the capital of Fujian province. "We are taking a cautious approach to expanding in China, considering the adverse market conditions," said Ji Tao, a deputy marketing director of Intersport Fujian. "But we will by no means ...

  4. Business - Economy - RETAILING

    The not-so-Great Singapore Sale: Mainland shoppers say Hong Kong is better value

    Posted Aug 05th 2014, 03:25am by Bloomberg

    ... contributed to a sales slide of as much as 4 per cent in Singapore's annual shopping festival, according to the retailers' association. Visitors from China to Singapore dropped 27 per cent ... in the 24 months to June. Singapore has seen its currency strengthen about 3 per cent against mainland China's yuan in the past year, the most after the Korean won among major Asian currencies. ...

  5. Business - Companies - RETAILING

    Adidas sees future in lower-tier cities

    Posted Mar 09th 2013, 12:00am by Daniel Ren

    ... director of Adidas China. "That's where the growth will be in future." The German sporting goods maker opened more than 800 new stores on the mainland last year, with more than 400 ... Adidas sees tremendous growth opportunities in China's lower-tier cities, rather than the nation's big metropolises such as Beijing and Shanghai, as it plays catch-up with market leader ...

  6. Business - China Business - RETAILING

    Mainland China sportswear sector not out of the woods yet

    Posted Mar 24th 2014, 04:45am by TIFFANY AP

    ... growth." According to the China Beige Book survey of businesses nationwide, retail sales over the Lunar New Year holiday were the weakest in at least three years. Revenues, sales and profits were all lower than a year ago, the survey showed. Xtep and Peak Sport Products saw a profit decline of more than 20 per cent last year. Net profit for 361 Degrees International, which took ...

  7. Business - China Business - RETAILING

    Anta first to break away from loss-making Chinese sportswear pack

    Posted Aug 08th 2014, 03:27pm by TIFFANY AP

    ... 6 results briefing, "our performance does not represent the industry. Not everybody can get out of this consolidation". It remains to be seen whether competitors such as China Dongxiang, ... in the same price range as global sports titans Nike and Adidas. Li-Ning interim chief executive Kim Jin-goon said the new product lines were enjoying strong sales but a performance product has high ...

  8. Business - China Business - RETAILING

    Sportswear firm Li-Ning sees first-half loss soar 218pc

    Posted Aug 14th 2014, 10:07am by TIFFANY AP

    ... from overexpansion and poor brand differentiation. An MB BrandZ study last year found that Li-Ning was the most recognised sports label on the mainland after foreign brands Nike and Adidas. ... Customers are normally granted credit terms of 90 days. In contrast, rival sportswear brands Anta and Peak Sports both reported high double-digit increases in profit. Earlier this month, ...

  9. Business - Companies - RETAILING

    Stella McCartney has designs on China expansion

    Posted Jun 05th 2013, 12:00am by BIEN PEREZ

    ... designs bigger presence in China British fashion house Stella McCartney will step up its retail development across China, following the lead of its stablemates under luxury goods conglomerate ... a second shop in Hong Kong and its first retail establishment in Taipei. "We're looking at the whole market, and we've got room to grow," Lukoff told the South China Morning ...

  10. Business - Money - RETAILING

    Li Ning stumbles over costly makeover plan

    Posted Jan 25th 2013, 11:11am by Celine Sun

    ... retail-and-consumer-oriented business model, it said. The company is also seeking to "optimise the capital structure" and replenish general working capital. Viva China, a property development company also under owner Li Ning's control, will underwrite 60 per cent of the securities, with TPG underwriting the rest. Li Ning, a rival of Nike, Adidas and local player Anta Sports Products, warned ...




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