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 CHINA/TAIWAN
FRANCHISE NEWS ARCHIVE
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: : Current
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China may be KFC's salvation as U.S. faces recession. With a possible U.S. recession looming, Colonel Sanders is turning to China to fill the breach, offering a menu of fried dough and preserved egg porridge alongside the chicken that turned KFC into an American icon. .... [more]
5/5/08
Ikea plans $60m for Tianjin store. Ikea plans to pour in around $60 million to set up a retail outlet in Tianjin, aiming to cash in on the fast development of the coastal municipality. .... [more]
22/4/08
Papa John's to add 500 stores in China over 5 yrs. Pizza delivery chain Papa John's plans to add 500 restaurants in China in the next five years, making the country its biggest market outside the United States. .... [more]
16/4/08
Korean Beef Franchise To Open First Restaurant In China. A Korean beef franchise said Tuesday it would open its first store in the Chinese capital of Beijing to expand its overseas business. .... [more]
2/4/08
MyStarU.com Sells Three Master Franchise Licenses. MyStarU.com, Inc. announced today that its Online Social Vocational Education and Culture Business Group, MyStarU.com, has sold the exclusive license to three master franchisees in China in March. .... [more]
18/3/08
Harcourts entering world’s largest market - China. Harcourts is entering the People’s Republic of China, the world’s most populous country, following an agreement between Harcourts International Limited (HIL) and a group of Chinese businessmen, HIL Executive Director Paul Wright announced today. .... [more]
17/3/08
Helen Doron Shanghai Has Big Plans to Expand This World Renowned English Learning Method for Children Across China. The Chinese term for 'franchise' is known as 'texu-jing-ying', and it's the buzzword on the lips of many successful Chinese entrepreneurs these days, like Helen Doron Master Franchise for Shanghai, Nick Shiah. .... [more]
6/3/08
KidzArt Announces International Expansion to China. KidzArt, a children's art education franchise company, today announced the sale of its first international and sole regional developer in Shanghai, China. .... [more]
11/2/08
Western hotels invade China. The appetite for new hotels in China is in keeping with the country’s rapid economic development and urbanisation. IHG, the British company behind InterContinental and Holiday Inn, expects to open a new hotel there every week this year, for example, and the country has become a key battleground for all its main rivals. .... [more]
10/2/08
Franchise Opportunities Await Malaysian Firms At Taiwan Show. To help local retailers and franchisors in finding new opportunities, the Malaysian Retailer-Chains Association (MRCA) is organising a group visit the Ninth Taipei International Chain and Franchise Exhibition from Feb 21 to 26 in Taiwan. .... [more]
29/1/08
IHG to Franchise Hotels in China. InterContinental Hotels Group PLC will begin franchising its Holiday Inn Express hotels in China for the first time as it seeks to accelerate its already rapid growth in the country. .... [more]
29/1/08
McDonald's says to open 150 outlets in China in '09. McDonald's Corp, the world's largest fast-food chain, plans to open 150 outlets in China in 2009, the company's top China executive said on Tuesday, as competition heats up in the rapidly expanding market. .... [more]
29/1/08
Dunkin' Donuts coming to mainland China. Dunkin' Donuts said Friday it plans to open 100 franchise locations in Shanghai over the next 10 years, the first of the chain's restaurants in mainland China. .... [more]
25/1/08
Over 24,000 Visitors Explore International and Domestic Franchise Opportunities at Franchising China Exhibition. Global Sources' 10th Annual Franchising China Conference & Exhibition wrapped up its tour of China recently, attracting 24,274 potential franchisees to its exhibitions in Shanghai, Guangzhou and Beijing -- up 12 percent from 2006. .... [more]
13/12/07
TAIWAN - Nation's franchisees get younger. Food and beverage chain stores are appealing to young generations of Taiwanese who wish to open up their own businesses, a chain store fair exhibitor said yesterday. .... [more]
26/11/07
Franchise business to grow in China. Enterprises in an increasing number of sectors, such as hotels and education, are tapping the franchise market in China, said experts. .... [more]
21/11/07
MyStarU.com Sells Two Master Franchise Licenses. Telecom Communications, Inc. announced today that its Online Social Vocational Education and Culture Business Group, MyStarU.com, has sold the exclusive license to two master franchisees. .... [more]
13/11/07
Ice cream market ready for licking. International Dairy Queen Inc, a US ice cream chain, will boost its outlets in China by adding 500 stores in the next five years, banking on the potential growth in ice cream consumption by an increasingly affluent population. .... [more]
8/11/07
Subway, Athlete's Foot and Super 8 Among Companies to Exhibit at 10th Annual Franchising China Conference & Exhibition. Global Sources' 10th Annual Franchising China Conference & Exhibition is scheduled to run in three cities across China with nearly 100 international and local franchisors and 20,000 entrepreneurs expected to participate. .... [more]
1/11/07
INDIA / CHINA - Lilliput to dress up kids in Dragon land. In probably a first for India Inc in the retail business, Lilliput Kidswear is all set to become the first Indian company to establish base in the land of dragons. .... [more]
25/10/07
Super 8 Responds To Franchisee Departure In China. Super 8 Hotels in China has responded to claims made by a former franchisee that the global hotel chain owned by Wyndham Worldwide had broken agreements. .... [more]
24/9/07
Yum Brands, McDonald's Compete for China. After watching Yum gobble up much of China's emerging middle class, McDonald's, which has 800 restaurants in operation in China, is ramping up development in the country. .... [more]
11/9/07
Ajisen eyes the franchise way to expand. Ajisen (China) Holdings Ltd said yesterday it would offer sub-franchising for the first time in China to accelerate expansion after net profit surged 90 percent in the first half of this year. .... [more]
6/9/07
The sweet smell of success in China. Bolstered by the rising affluence of the country's young professionals, Fruits & Passion is racking up profit faster than anyone expected. .... [more]
4/9/07
McDonald's to 'up Chinese wages'. McDonald's is to raise wages in China, after claims that it and other foreign fast-food chains have underpaid their staff. .... [more]
7/8/07
Mothercare goes to China. Mothercare, babycare and toy retailer, has announced plans to move into China. The retailer has signed a joint venture agreement with Goodbaby, a manufacturer of childcare products, to open three stores in Beijing and Shanghai next year. .... [more]
13/7/07
Taiwan's Great Wall, Illy plan China coffee JV. Taiwan's Great Wall Enterprises Corp and one of Italy's top coffee roasters, Illycaffe, plan to establish a chain of coffee stores in Greater China. .... [more]
25/6/07
Fatburger eyes China market. Fast casual chain Fatburger has plans to expand into China within the next year. Expansion plans for the California-based chain involve the launch of 25 units in China and adjacent territories by 2010. .... [more]
22/6/07
California Pizza Kitchen Opens Fourth Location in Hong Kong. California Pizza Kitchen, Inc., home of the Original BBQ Chicken Pizza and other innovative hearth-baked pizzas, made-to-order pastas, creative salads, appetizers, soups and desserts, opened its fourth location in Hong Kong, China today. .... [more]
7/6/07
Two largest hot-pot restaurant chain eye IPO. China's two largest hot-pot restaurant chain operators are planning to go public as soon as next year to raise about HK$3 billion between them, extending their competition from the dining tables to equity markets. .... [more]
5/6/07
M&S looks to open stores in Asia. Marks & Spencer has drawn up ambitious international expansion plans which could see the group open stores in India and China as early as next year. .... [more]
23/5/07
Cold Stone Creamery Pays Homage to the Origins of Ice Cream with Stores in Mainland China and Taiwan. Cold Stone Creamery, the concept known for revolutionizing the way people think about ice cream in the United States, is now operating two stores in the land thought to have invented the frozen treat around the 4th Century BC. .... [more]
16/5/07
Regulation to bring order into franchise
industry. China's chaotic franchise industry is expected
to reorder itself and flourish as a new regulation takes effect in
May. .... [more]
11/4/07
BOCOG to expand its retail network. The network of Olympic franchise outlets is to nearly triple throughout
China this year as BOCOG recruits more distributors to sell Olympic
licensed products. .... [more]
11/4/07
InterContinental to franchise Holiday Inn Express
in China. InterContinental Hotels
Group said it will offer a hotel franchising program for the
Holiday Inn Express brand in China. .... [more]
19/4/07
Unions for McDonald's China staff. Employees in McDonalds and KFC China outlets will be unionised this year. .... [more]
10/4/07
Mothercare in Chinese partnership talks. Mothercare is in talks with China's biggest manufacturer of childcare products about an alliance that would involve the British retailer taking its first steps on Chinese soil. .... [more]
8/4/07
Chinese Electronics Retailers Quickly Expand. The China Chain Store and Franchise Association says that the total sales of China's top 100 chain stores and franchisers reached RMB855.2 billion in 2006, an increase of 25% over that of the previous year, and electronics retailers were tops. .... [more]
30/3/07
Chinese flooring firm eyes $150 mln US IPO. Chinese solid wood flooring maker Shanghai Anxin Flooring plans to raise about US$150 million in an initial public offering in New York in the third quarter at the earliest. .... [more]
26/3/07
St. Regis to Raise Its Flag in Tibet on the "Roof of the World". Starwood Hotels & Resorts Worldwide, Inc. today announced an agreement with Lhasa Yungao International Hotel Company, Ltd to manage the St. Regis Resort, Lhasa, located in the Tibet Autonomous Region. .... [more]
20/3/07
McDonald's expansion to feature drive-thrus. Fast food giant McDonald's says it will open about 300 new outlets over the next three years in China and more than half will have drive-thru services. .... [more]
1/3/07
Chain and Franchise show opens Saturday. People looking to open their own business in the Year of the Pig should visit the 8th Taipei International Chain and Franchise Exhibition, where more than 150 exhibitors will share their successful experiences with would be entrepreneurs. .... [more]
22/2/07
China franchise for spa firm. Thai Privilege Spa Co, the local luxury spa chain, has signed its first franchise agreement to manage a new luxury boutique resort and spa that is due to open in Suzhou, China in June. .... [more]
19/2/07
Papa John's Opens 50th Restaurant in China. Papa John's International continued its aggressive development in Asia by recently opening its 50th restaurant in China. .... [more]
16/2/07
Beijing Olympics organisers see tenfold increase in franchise stores. Organizers of the 2008 Beijing Olympic Games plan to increase the number of Olympic franchise stores almost tenfold to 5,000 across China by the end of this year. .... [more]
8/2/07
McDonald's goes slow in China franchising. McDonald's, which will grant four franchisee licenses in China this year, said it does not expect to issue more such permits in the world's fastest-growing major economy "in the near future." .... [more]
7/2/07
Burger King to fan the flame. Burger King Holdings Inc plans a double-digit increase in fast-food outlets in China this year following a restructuring program the company hopes will get it back on track. .... [more]
3/2/07
McDonald's to expand drive-thru network in China. Mcdonald's Corp and a Chinese oil company opened the first of a planned series of two dozen drive-through restaurants today, launching an effort to tap China's growing taste for cars and Western fast food. .... [more]
19/1/07
M&S bid to enter Taiwanese market. Marks & Spencer is to launch a joint venture with one of Taiwan's leading retailers, as the UK firm continues to reassert its presence overseas. .... [more]
17/1/07
Dunkin' Donuts plans Asian expansion. Dunkin' Donuts announced Wednesday plans to expand in Asia, and will kick off the expansion with a store opening in Taipei City, Taiwan, today. .... [more]
17/1/07
Blockbuster completes sale of Taiwan operation. Blockbuster has completed the sale of its Taiwan unit to Webs-TV Digital International for an undisclosed amount. .... [more]
11/1/07
B&Q stores to host KFC drive-throughs. Fried chicken empire KFC yesterday announced it had signed a deal with B&Q China to set up drive-through restaurants at selected stores. .... [more]
10/1/07
Shanghai coffee company fined for infringing Starbucks trademark. A Shanghai coffee company has been fined 500,000 yuan for infringing on the trademark of coffeehouse chain Starbucks. .... [more]
5/1/07
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