International fashion and luxury groups are opening coffee shops in major Chinese cities, entering an intensely competitive ...

China has become a global coffee industry powerhouse, despite grappling with numerous economic problems in recent years. Earlier this year, Starbucks poured more than $200 million into a new ...

Both domestic and international coffee chains are feeling the impact, with Starbucks emerging as one of the biggest losers. The chain, once synonymous with coffee in China, fell to 14 per cent of ...

As of the end of 2024, Red Star operated 77 shopping malls in its own portfolio, managed another 257 shopping malls, and held other business interests in a total of more than 200 cities in 30 ...

Experience the extraordinary as China unveils a full-scale snow-capped mountain inside a shopping mall. This indoor alpine attraction brings icy peaks, ski slopes, and a winter wonderland vibe to the ...

China's largest mid-year shopping festival, 618, ended on Wednesday with record sales, though daily spending dropped amid an extended sales period aimed at enticing consumers to part with more of ...

China data analysts Syntun estimate all 618 sales at 578.5 billion yuan ($89.4 billion), up 26.5% over 2020. In other words, those consumers who were dragged or pushed into e-commerce because of ...