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Articles by Feng Yiming
Coach Owner Tapestry Posts Strong China Growth Amid Luxury Market Weakness
BUSINESS By Feng Yiming and Gu Zhaowei Published: Nov. 7, 2026 2:11 a.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Tapestry’s booth at the ninth China International Import Expo in Shanghai, Nov. 3, 2026. Photo: VCG Coach owner Tapestry Inc. reported 39% sales growth in Greater China in its latest quarter, bucking weakness in the Chinese luxury market as it focused on younger consumers.
Global Beauty Giants Regain Momentum in China
BUSINESS By Feng Yiming Published: Nov. 4, 2026 3:50 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Estée Lauder said China sales rose 9% from a year earlier to $614 million in the third quarter. Photo: VCG Beauty giants Estée Lauder Companies Inc. and L’Oréal Group both reported solid growth in China in the third quarter, adding to signs that demand in the country’s premium beauty market is recovering.
Chinese Sponsors Drop Mbappé Over Podcast Remarks
BUSINESS By Feng Yiming Published: Oct. 28, 2026 12:29 a.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Kylian Mbappé. Photo: VCG French soccer star Kylian Mbappé is facing a major commercial crisis in China after controversial remarks on a podcast prompted Chinese brands to cut ties with him and state broadcaster CCTV reportedly to suspend La Liga broadcasts and other matches involving him.
China’s Luxury Slowdown Weighs on Global Brands
BUSINESS By Feng Yiming Published: Oct. 23, 2026 11:03 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version An Hermès store at Deji Plaza in Nanjing, Oct. 7, 2026. Photo: VCG Global luxury brands reported weaker third-quarter sales momentum in China as a sluggish economy weighed on demand and new offshore-trust tax rules added to financial pressures on wealthy consumers.
Starbucks China to Require Purchase for In-Store Seating
BUSINESS By Feng Yiming Published: Oct. 21, 2026 6:12 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version A Starbucks store in Hangzhou. Customers will be required to make a purchase before taking up a seat.
Beijing Premium Office Rents Fall as Tech Demand Buoys Western Hubs
BUSINESS By Feng Yiming Published: Oct. 20, 2026 11:27 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Office buildings in Beijing’s Zhongguancun Science Park. Photo: VCG Beijing’s Grade A office rents extended their years-long decline in the third quarter, even as demand from technology companies drove a rebound in the city’s western office hubs.
China Weakness Weighs on LVMH’s Third Quarter Sales
TECH By Feng Yiming Published: Oct. 13, 2026 11:53 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version A Louis Vuitton store at Deji Plaza in Nanjing, Jiangsu province, on July 30, 2026. Photo: IC LVMH reported a 5% decline in third-quarter sales in Asia-Pacific excluding Japan, as weak Chinese demand and a trademark dispute involving Louis Vuitton weighed on its core fashion and leather goods business.
Chinese Meat Giant Shuanghui Fined $19 Million Over Excessive Antibiotic Residues
BUSINESS By Feng Yiming Published: Oct. 13, 2026 1:09 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Chinese meat processing giant Henan Shuanghui Investment and Development Co. Ltd. (000895.SZ) and related parties have been fined a combined 125.5 million yuan ($19 million) over pork products containing excessive antibiotic residues.
In Depth: China’s Catering Sector Rethinks Growth After Toxic Subsidy-Fueled Boom
BUSINESS By Feng Yiming, Bao Yunhong and Ding Yi Published: Oct. 9, 2026 7:41 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Li Ling still looks back on the summer of 2025 with a mix of nostalgia and disbelief. When China’s e-commerce giants waged an unprecedented food delivery subsidy war, her milk tea shop was overwhelmed by orders placed through JD.com.
China’s Service Industry Sales Jump Nearly 20% During Holiday
BUSINESS By Feng Yiming Published: Oct. 9, 2026 2:47 a.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Visitors crowd the Huaihe Road pedestrian street in Hefei on Friday. Photo: VCG China’s service industry sales revenue jumped 19.5% year-on-year during the National Day holiday, fueled by a nationwide surge in travel and entertainment spending.
Mubadala Buys Minority Stake in Luckin Coffee in $1 Billion Deal
BUSINESS By Feng Yiming Published: Sep. 10, 2026 10:22 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version The investment comes as Luckin faces intensifying competition in China’s beverage market. Photo: VCG Abu Dhabi sovereign wealth fund Mubadala Investment Co. has acquired a minority stake in Luckin Coffee Inc. through a roughly $1 billion transaction involving the Chinese coffee chain’s controlling shareholder.
Haidilao Shares Slide After Founders’ Family Trust Sells $351 Million Stake
BUSINESS By Feng Yiming Published: Sep. 10, 2026 12:53 a.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Haidilao shares fell 9.1% after an offshore family trust linked to the founding family sold a 4.65% stake for HK$2.75 billion. Photo: VCG Shares of hotpot chain Haidilao International Holding Ltd.
Infront Sells Majority Stake in HYROX to L Catterton-Led Group
BUSINESS By Feng Yiming Published: Sep. 9, 2026 10:16 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version HYROX, a fitness race founded in Germany by veteran endurance-sports organizer Christian Toetzke and former German hockey player Moritz Fürste. Photo: VCG Infront Sports & Media has sold its majority stake in fast-growing fitness-racing brand HYROX to a consortium led by private-equity firm L Catterton and the event’s founders.
China Targets Global Brands From Silk, Tea
BUSINESS By Feng Yiming Published: Sep. 8, 2026 11:44 a.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Workers at a silk company dry Xiangyunsha silk fabric in Wuzhou, Guangxi on May 24. Photo: VBCG China has issued its first national guidelines to modernize traditional industries such as silk, tea and porcelain, targeting 50 companies with annual revenue of at least 10 billion yuan ($1.5 billion) by 2028.
In Depth: AI Anxiety in China Fuels a Gold Rush in Job Training
BUSINESS By Guan Cong, Feng Yiming and Ding Yi Published: Sep. 4, 2026 7:09 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Inside a cramped classroom in an office tower, more than 40 young people sat glued to a projector screen. For nearly the entire session, the instructor cycled through dry summaries of AI history that anyone could easily find with a quick online search. But nobody left.
Lululemon’s China Backlash Deepens Sales Slump as Profit Falls
BUSINESS By Feng Yiming Published: Sep. 4, 2026 11:05 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version A Lululemon store in Nanjing, Jiangsu province, on Sept. 2, 2026. Photo: VCG Lululemon Athletica Inc. shares plunged nearly 20% after the apparel maker reported declining second-quarter revenue and profit, dragged down by an abrupt sales reversal in China and persistent weakness across North America.
Chart of the Day: China’s Tea Chains Serve Up a Mixed Brew
BUSINESS By Feng Yiming and Kelsey Cheng Published: Aug. 31, 2026 2:46 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version China’s major tea chains are diverging as fading delivery subsidies and intensifying competition test the industry’s shift from rapid expansion to profitable growth. First-half results from six listed Chinese tea chains show an industry pulling in different directions.
Foreign Beauty Brands Regain Ground in China as Domestic Rivals Stumble
BUSINESS By Feng Yiming Published: Aug. 28, 2026 12:15 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Chinese cosmetics companies that once outpaced their global competitors are losing momentum, as weakening flagship brands and fading marketing formulas weigh on sales. Two of China’s largest homegrown cosmetics companies reported lackluster sales for the first half of 2026.
In Depth: Hyrox Boom Gives China’s Struggling Gyms a Boost
BUSINESS By Feng Yiming and Chang Fangziyan Published: Aug. 21, 2026 12:02 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Competitors take part in Hyrox Shenzhen on Aug. 16, 2026.
Pop Mart Unveils Up to 5 Billion Yuan Buyback as Overseas Revenue Falls
BUSINESS By Feng Yiming Published: Aug. 21, 2026 2:36 a.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version A Pop Mart store in Wuhan on Aug. 11, 2026. Photo: VCG Chinese toy retailer Pop Mart unveiled a share buyback plan of up to 5 billion yuan ($742 million) after a double-digit decline in overseas revenue in the first half of 2026 led the company to warn it is likely to miss its full-year growth target.
Want Want Begins Layoffs as Profit Slump Deepens Pressure on Legacy Snack Maker
BUSINESS By Feng Yiming and Chang Fangziyan Published: Aug. 21, 2026 12:28 a.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version The Want Want Building in Shanghai on Aug. 17, 2026. Photo: VCG Hong Kong-listed snack maker Want Want China Holdings Ltd. has begun layoffs and required employees to submit self-evaluation reports as it confronts sliding profits and what its chairman has described as a major operational crisis.
Taiwan Snack-Maker’s Chairman Threatens Job Cuts as Consumer Tastes Shift
BUSINESS By Chang Fangziyan and Feng Yiming Published: Aug. 19, 2026 12:00 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version A Want Want plant in Jiangsu province. Photo: VCG The chairman of Want Want China Holdings Ltd. has warned employees about a major business crisis, threatening to dismiss underperforming managers as the Taiwanese snack and beverage giant struggles with plunging profits and shifting consumer tastes.
China Unveils Plan to Boost Consumption in Smaller Cities
BUSINESS By Chang Fangzi Yan and Feng Yiming Published: Aug. 18, 2026 5:56 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Residents shop at a supermarket in Huai’an, Jiangsu province, on Aug. 2. Photo: VCG China is stepping up efforts to unlock consumer spending in its smaller cities and counties, betting that lower-tier markets can provide fresh momentum as consumption in the country’s biggest cities matures.
Bain Capital to Buy Gong cha as Bubble Tea Chain Refocuses Overseas
BUSINESS By Feng Yiming Published: Aug. 7, 2026 12:33 a.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Founded in Taiwan in 2006 and now headquartered in the U.K., Gong cha operates nearly 2,200 stores across 33 markets under an asset-light franchise model. Photo: VCG U.S. private investment firm Bain Capital has agreed to acquire bubble tea chain Gong cha Global from private equity firm TA Associates and other shareholders.
Analysis: As Trade-In Subsidies Fade, China Bets on Services to Keep Consumers Spending
BUSINESS By Feng Yiming and Yu Cong Published: Aug. 5, 2026 6:11 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version A sweeping national trade-in subsidy program has been a vital engine driving consumption in China. Now, as the policy enters its third year and begins to scale back, the government is searching for new ways to sustain growth momentum.
Middle East Conflict, Shifting China Demand Weigh on LVMH and Kering
BUSINESS By Chang Fangziyan and Feng Yiming Published: Jul. 31, 2026 2:40 a.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version A Louis Vuitton store at a shopping mall in Chongqing, China, May 2, 2026. Photo: VCG European luxury groups LVMH Moët Hennessy Louis Vuitton SE and Kering SA said the conflict in the Middle East and continued softness in China weighed on their second-quarter results.
China’s Trade-In Program Sales Drop as Stimulus Effect Fades
BUSINESS By Feng Yiming and Yu Cong Published: Jul. 24, 2026 3:30 a.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Consumers shop for smart home appliances at a local trade-in promotional event in Qingzhou, Shandong province, on May 1, 2026.
Nike Ends Topsports’ Online Sales Rights on the Chinese Mainland in Digital Overhaul
BUSINESS By Chang Fangziyan and Feng Yiming Published: Jul. 23, 2026 1:04 a.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version A Nike store in China on March 4, 2026. Photo: VCG Chinese sports retailer Topsports International Holdings Ltd. said Nike Inc. will terminate its online sales rights on the Chinese mainland effective Jan. 1, 2027, sending the distributor’s shares down nearly 25% on Wednesday.
China Unveils Sweeping Measures to Upgrade Domestic Service Sector
BUSINESS By Feng Yiming Published: Jul. 22, 2026 1:16 a.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version A domestic worker performs cleaning duties in a home. Photo: VCG Nine Chinese government departments, led by the Ministry of Commerce, on Monday unveiled 19 measures to upgrade the country’s domestic service industry.
In Depth: Louis Vuitton’s Trademark Win Sparks Backlash in China
BUSINESS By Feng Yiming Published: Jul. 21, 2026 6:27 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version French luxury fashion brand Louis Vuitton’s win in a trademark-infringement case against Chinese tea chain Molly Tea has ignited a fierce public debate in China.
Anta Brand CEO Resigns as Growth Slows
BUSINESS By Feng Yiming Published: Jul. 15, 2026 6:06 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Xu Yang, CEO of Anta brand, has stepped down. Photo: Anta The head of Anta Sports Products Ltd.'s flagship brand has recently stepped down, two people familiar with the matter told Caixin, amid slowing growth and the scaling back of two high-profile retail experiments.
China Targets 60 Trillion Yuan in Retail Sales by 2030
BUSINESS By Feng Yiming Published: Jul. 14, 2026 12:23 a.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version People shop at a supermarket in Huai'an, Jiangsu province. Photo: VCG China’s cabinet has approved a policy plan to expand domestic consumption, setting a goal of lifting annual retail sales of consumer goods to about 60 trillion yuan ($8.8 trillion) by 2030.
Xiaomi Cuts Jobs Across Divisions as Earnings Come Under Pressure
TECH By Gu Zhaowei and Feng Yiming Published: Jul. 10, 2026 10:13 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version The Xiaomi Mobile Internet Industrial Park in Beijing on May 13, 2025. Photo: VCG Xiaomi Corp. has been cutting jobs across several business units since March, as the Chinese technology company moves to rein in costs after a sharp profit decline, according to several company insiders.
Xiaomi Cuts Jobs Across Divisions as Earnings Come Under Pressure
TECH By Gu Zhaowei and Feng Yiming Published: Jul. 10, 2026 10:13 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version The Xiaomi Mobile Internet Industrial Park in Beijing on May 13, 2025. Photo: VCG Xiaomi Corp. has been cutting jobs across several business units since March, as the Chinese technology company moves to rein in costs after a sharp profit decline, according to several company insiders.
China Moves to Shore Up Struggling Brick-and-Mortar Retailers
BUSINESS By Feng Yiming Published: Jul. 9, 2026 11:37 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Residents shop at a supermarket in Huai'an, Jiangsu province. Photo: VCG China has unveiled 20 measures to support its struggling brick-and-mortar retail sector, urging stores to overhaul business models, expand private-label offerings and push back against unfair competition from e-commerce platforms.
China Moves to Shore Up Struggling Brick-and-Mortar Retailers
BUSINESS By Feng Yiming Published: Jul. 9, 2026 11:37 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Residents shop at a supermarket in Huai'an, Jiangsu province. Photo: VCG China has unveiled 20 measures to support its struggling brick-and-mortar retail sector, urging stores to overhaul business models, expand private-label offerings and push back against unfair competition from e-commerce platforms.
In Depth: Chinese Brands Tear Up Playbook for World Cup Sponsorship
BUSINESS By Feng Yiming and Wang Xintong Published: Jul. 7, 2026 5:09 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version France and Sweden compete during the 2026 FIFA World Cup in New York on June 30. Photo: VCG Chinese brands appear less visible at this year’s FIFA World Cup — at least through official sponsorships. Only three Chinese firms — Lenovo Group Ltd., China Mengniu Dairy Co. Ltd. and Hisense Group Ltd.
In Depth: China’s Inbound Tourism Rebounds, but Supply Gaps Cloud Outlook
BUSINESS By Feng Yiming, Bao Yunhong and Wang Xintong Published: Jul. 3, 2026 4:54 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Inbound tourism is rebounding across China as expanded visa-free entry, easier mobile payments and viral social media converge to attract more visitors while making the experience smoother. Beijing is encouraging the revival, seeking to tap foreign spending as domestic consumption remains sluggish.
Suning’s Carrefour China Bet Ends in $275,000 Fire Sale
BUSINESS By Feng Yiming Published: Jul. 3, 2026 10:50 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Suning said June 30 that HK Express World International Ltd. bought a 100% stake in Cacious China Holdings N.V. Photo: VCG Suning.com Co. Ltd.
Wanda Ordered to Pay Suning 1.75 Billion Yuan Over Failed IPO
BUSINESS By Feng Yiming Published: Jul. 1, 2026 1:52 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Photo: VCG A Chinese court has ordered real estate conglomerate Dalian Wanda Group Co. Ltd. to pay retailer Suning.com Co. Ltd. about 1.75 billion yuan ($250 million), ending a dispute over a failed IPO attempt.
In Depth: Supermarkets in China Hawk Own-Brand Goods in Bid to Diversify
BUSINESS By Feng Yiming and Wang Xintong Published: Jun. 26, 2026 6:07 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version From global giants to local supermarket chains, brick-and-mortar retailers in China are racing to expand private-label brands in a bid to stand out in an increasingly crowded market, where weak consumer spending and rising online competition are squeezing margins.
Yum China Speeds Up AI Integration of Its Supply Chain
BUSINESS By Feng Yiming Published: Jun. 23, 2026 2:13 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Photo: VCG Yum China Holdings Inc., the operator of KFC and Pizza Hut in the country, is accelerating the adoption of artificial intelligence and robotics across its supply chain to tackle labor challenges and adapt to shifting operational needs.
China Readies Fresh $9 Billion Consumer Stimulus as Retail Sales Shrink
BUSINESS By Feng Yiming Published: Jun. 18, 2026 11:42 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Consumers shop for home appliances in Heihe, Heilongjiang province. Photo: VCG China will inject a fresh 62.5 billion yuan ($9.2 billion) into consumer trade-in subsidies by the end of June as the government battles the first contraction in retail sales since 2023.
Yum China Buys Pizza Hut’s Mainland Business
BUSINESS By Feng Yiming Published: Jun. 17, 2026 2:56 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version A Pizza Hut store in Guangzhou. Photo: VCG Yum China Holdings Inc. has agreed to take full ownership of the Pizza Hut brand on the Chinese mainland from Yum! Brands Inc. for $1.2 billion in cash.
Lululemon Apologizes After Great Wall Yoga Event Sparks Drum Controversy
BUSINESS By Feng Yiming and Chang Fangziyan Published: Jun. 17, 2026 3:43 a.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version Actor Zhu Yilong, a Lululemon brand ambassador, stretches into yoga poses in front of a large drum during the promotional event Lululemon Athletica Inc.
Walmart-Owned Supermarket Execs Summoned Over Food Safety Violations
By Chang Fangziyan and Feng Yiming Published: Jun. 16, 2026 4:34 p.m. GMT+8 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x A Sam’s Club store in Shenzhen. Photo: VCG China’s market regulator summoned executives of Walmart-owned supermarket chain Sam’s Club for talks over food safety problems found in its physical and online stores.
Walmart-Owned Supermarket Execs Summoned Over Food Safety Violations
BUSINESS By Chang Fangziyan and Feng Yiming Published: Jun. 16, 2026 4:34 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version A Sam’s Club store in Shenzhen. Photo: VCG China’s market regulator summoned executives of Walmart-owned supermarket chain Sam’s Club for talks over food safety problems found in its physical and online stores.
Lululemon Cuts Outlook as China Growth Fails to Offset North American Weakness
BUSINESS By Chang Fangziyan and Feng Yiming Published: Jun. 5, 2026 11:35 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version A Lululemon store inside a shopping mall in Shanghai. Photo: VCG. Lululemon Athletica Inc. cut its full-year sales outlook after first-quarter net profit fell 38.1%, as weak demand in North America offset strong growth in the Chinese mainland.
Lululemon Cuts Outlook as China Growth Fails to Offset North American Weakness
BUSINESS By Chang Fangziyan and Feng Yiming Published: Jun. 5, 2026 11:35 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version A Lululemon store inside a shopping mall in Shanghai. Photo: VCG. Lululemon Athletica Inc. cut its full-year sales outlook after first-quarter net profit fell 38.1%, as weak demand in North America offset strong growth in the Chinese mainland.
General Mills to Sell Häagen-Dazs China Shops to Local Investor Group
BUSINESS By Feng Yiming Published: Jun. 2, 2026 10:52 p.m. GMT+8 00:00 00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Subscribe now Listen to the full version A Häagen-Dazs store in Hangzhou on June 2, 2026. Photo: VCG General Mills Inc. has agreed to sell its Häagen-Dazs storefront and gifting business in the Chinese mainland to an investor group that includes local beverage chain Ningji.
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