Retail

Wook’s revenue topped RMB 1 billion in 2024 as it expands beyond Indonesia across Southeast Asia.

The deal hands Anta control of Puma, while also tying it to the German sportswear brand’s ongoing turnaround.

Overseas acquisitions are lifting the sportswear group’s profile, but competition in China is tightening.

The move aims to stabilize investor sentiment amid a broader correction in China’s collectibles market.

The Hunan-based snack retailer aims to raise up to USD 500 million as Hong Kong’s IPO pipeline picks up speed.

Homegrown players join Pernod Ricard and Diageo as sales surge, with export potential still unclear.

Zhang Yong is back at the helm of the hotpot chain, aiming to steady the business amid a tougher dining market.

Conveyor belt sushi and low-cost goods are thriving, while smartphone shipments decline.