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 CHINA/TAIWAN
FRANCHISE NEWS ARCHIVE
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: : Jan - Jun 2004
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BreadTalk opens first Hong Kong outlet, plans more.
Sesdaq-listed bakery chain BreadTalk is opening its first outlet in
Hong Kong by end of this year and the company is planning to have
15 outlets there within three years. .... [more]
29 Jun, 2004
Canadian Tire plans Shanghai office. Canadian Tire Corp.
is opening a Shanghai office this fall as it increases the number
of made-in-China products it sells in Canada. .... [more]
25 Jun, 2004
Global Active takes GNC brand to China. Global Active,
a retailer and distributor of health supplements in which Osim International
has a 24 per cent stake, has spread its wings to China. .... [more]
26 Jun, 2004
KFC won't serve fried chicken in Tibet after all. Tibet's
chickens got a reprieve after KFC axed a plan to open outlets in the
Dalai Lama's homeland. .... [more]
25 Jun, 2004
Franchise rules expected by end of year: Gov't. A draft
regulation on commercial franchising is expected to give a clear legal
definition of shops bearing the names of international retailer brands
dotting China's numerous commercial districts and shopping malls.
.... [more]
14 Jun, 2004
Hong Kong - M&S shoots for youth in makeover. British
retailer Marks & Spencer is giving its conservative image a makeover
in the hope of capturing a slice of the young market. .... [more]
7 Jun, 2004
PM identifies areas of co-operation with China. Malaysia
has identified five sectors - construction, information technology,
education, healthcare services and franchise arrangements - as core
business areas of co-operation with China. .... [more]
29 May, 2004
Cendant's Hotel Group Signs Third Franchise Deal in China.
Cendant Corporation's Hotel Group today announced it will franchise
Super 8 motels in China. .... [more]
22 Apr, 2004
China helps lift Osim Q1 earnings 29% Lifted by strong
growth from its China and franchise operations, healthy lifestyle
products retailer Osim International said net profit gained 29 per
cent year-on-year to $5.4 million for the three months ended March
31, 2004. .... [more]
22 Apr, 2004
Seven-Eleven Japan opens China outlet. Seven-Eleven
Japan Co. opened its first Chinese outlet in Beijing on Thursday,
marking the start of a plan to open 500 stores in China in five years.
.... [more]
16 Apr, 2004
BreadTalk signs up first Taiwan franchise. Bakery chain
BreadTalk has signed its fifth master franchise agreement of the past
12 months, which will see it rolling out its signature buns and cakes
in Taipei as early as next month. .... [more]
14 Apr, 2004
President Chain may exit Beijing 7-Eleven plan. Taiwan-based
President Chain Store Corp., the largest 7-Eleven franchise operator
outside North America and Japan, will likely back out of a venture
to open the convenience stores in Beijing, according to a Reuters
report. .... [more]
14 Apr, 2004
7-Eleven to open 1st Chinese branch. US based convenience
store operator 7-Eleven says it will open its first outlet on the
Chinese mainland in Beijing on April 15th and open more outlets in
May with a joint venture group. .... [more]
7 Apr, 2004
Ikea outlines mainland expansion plan. Ikea, the world's
leading furniture brand and one of the top choices for Chinese in
Beijing and Shanghai, will expand its presence throughout the mainland,
it has been revealed. .... [more]
6 Apr, 2004
Stores urged to set up franchises. China's general merchandise
industry should be consolidated and turned into a chain operation
to enhance its competitiveness. .... [more]
5 Apr, 2004
Chinese Market Offers Franchise Challenges. Ride through
Beijing and there's a good chance you'll see KFC's Colonel Sanders'
smiling face. But though the country may seem franchise friendly,
in China looks can be deceiving. .... [more]
1 Apr, 2004
McDonald's targets kiddie consumers. With the opening
of the first McKids retail store in Shanghai this month, MacDonald's
appears to be branching out of fastfood, in a bid to preempt China's
increasing children's consumer market as well. .... [more]
25 Mar, 2004
Retailers optimistic about foreign rivalry. From the
original overwhelming fear to calmly facing today's fierce competition,
China's retail sector has gradually got used to foreign rivals' presence.
.... [more]
24 Mar, 2004
McDonald’s signs on China basketball superstar for ads.
Filming is expected to begin within weeks for a McDonald’s advertising
campaign featuring Yao Ming which could be beamed across China as
early as May. .... [more]
17 Mar, 2004
MFG eyes China, Vietnam deals. Thailand's Minor Food
Group (MFG) is looking at establishing outlets of The Pizza Company
and Swensen's ice cream in China and Vietnam this year to tap growing
business opportunities. .... [more]
10 Mar, 2004
7-Eleven to add outlets in Beijing. The world's largest
convenience store operator, 7-Eleven Inc, is scheduled this month
to open its first 24-hour outlet in Beijing, which, analysts expect,
will intensify the competition within the sector. .... [more]
8 Mar, 2004
Carrefour expansion report ruled out. No new Carrefour
SA franchise has been licensed in China yet, despite a report that
three Carrefour stores have been given permission, according to an
official from the Ministry of Commerce. .... [more]
12 Feb, 2004
Esprit stuns with 53pc profit leap. Esprit Holdings
stunned analysts with a 53 per cent surge in interim net profit to
HK$886 million as the apparel giant reported strong retail growth
in Germany and France. .... [more]
12 Feb, 2004
KFC: We operate normally in China despite bird flu outbreaks.
All the 1,000 KFC outlets in China have been operating normally, said
J. Samuel Su, president of Yum! Brands International Greater China,
on Wednesday. .... [more]
5 Feb, 2004
Starbucks takes aim at China chain. Starbucks is suing
a rival Shanghai chain whose name in Chinese is virtually identical
to that of the U.S. giant that introduced coffee culture to a nation
of tea lovers. .... [more]
5 Feb, 2004
7-Eleven store debuts in Beijing. The residents of Beijing's
busy Beixinqiao area will soon get the chance to shop any time they
like, thanks to the opening of the capital's first 7-Eleven convenience
store. .... [more]
5 Feb, 2004
China's A&W All-American Restaurants Close. The
eight outlets of A&W All-American Restaurants in China have closed
after their parent company, U.S.-based Yum! Brands Inc., refused to
rescue the local operations, a state-controlled business newspaper
reported Monday. .... [more]
3 Feb, 2004
Blockbuster pulling out of Hong Kong. Dallas-based video
rental chain Blockbuster Inc. said Friday it is closing its Hong Kong
stores, citing high operating costs, and dropping plans to expand
in mainland China because of widespread piracy there of DVDs and video
CDs. .... [more]
30 Jan, 2004
KFC fast food to wing its way at last to Tibet. Hot
wings and spicy chicken legs could soon tempt palates in Tibet as
KFC wings its way to the roof of the world and the only part of China
it has yet to conquer. .... [more]
15 Jan, 2004
McDonald's plans to open 100 new outlets in China. McDonald's,
the world's top fast food operator, is to open nearly 100 new outlets
around China this year and promote McKIDS, a series of children-related
products, to the Chinese market from April. . .... [more]
15 Jan, 2004
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