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Why China’s consumers found the hype around plant-based meat hard to swallow

Only a few years ago, the notion that Beyond Meat – the former poster child of the plant-based meat industry…

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New Business

Why do Chinese consumers feel Japanese products are no longer worth boycotting?

During past flare-ups in diplomatic tensions between China and Japan, Chinese consumers spontaneously boycotted Japanese goods. Part of the reason…

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New Business

Amid big-city gloom, can China’s far-flung counties become a key driver of consumption?

As widespread economic gloom in China’s megacities sees high-end restaurants close their doors one after another, Starbucks is accelerating its…

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New Business

Yum China raises target for opening mainland coffee shops as cafe culture takes hold

Yum China Holdings, owner of the KFC and Pizza Hut restaurant brands on the mainland, has raised its target for…

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New Business

Foreign ice cream is no longer cool in China. Here’s why that matters

For years, Feng Hui, an operations manager living in Guangzhou, made a tradition of taking her daughter Claire to celebrate…

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New Business

Mainland Chinese retailers take advantage of falling rents to expand Hong Kong presence

Mainland Chinese retailers are stepping up their expansion in Hong Kong, taking advantage of falling rents to target value-seeking consumers,…

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New Business

President Xi sends a message to Danish businesses ahead of China visit by foreign minister

President Xi Jinping has issued a rare reply to a foreign commerce chamber, hailing bilateral cooperation amid a push to…

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Starbucks, Luckin get buzz from smaller-city coffee sales in China

As coffee chains in China struggle with a bitter combination of sluggish consumption and cutthroat pricing, Starbucks and Luckin Coffee…

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New Business

China adds 12,000 coffee shops as thirst among masses grows, Starbucks suffers

China’s coffee market is booming as aggressive expansion and price competition make the drink more accessible to the masses while…

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New Business

Luckin Coffee’s entry into Hong Kong a sign of mainland Chinese brands’ growing dominance

Mainland Chinese brands are ramping up their presence in Hong Kong, using the city to test the waters before foraying…

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