In China, global companies struggle as home-grown brands steal thunderGlobal giants are grappling with the complexities of the Chinese market. Economic downturns and tepid consumer spending are compelling bran...
Pierre Hermé to launch first Southeast Asia flagship in Singapore with exclusive bubble tea, ice creamPierre Hermé will open his first Southeast Asia flagship store at Resorts World Sentosa, Singapore, on August 1. The outlet will debut the ...
Make room Starbucks, McDonald's. China's Mixue, other brands win fans in Southeast AsiaThe Chinese beverage giant Mixue Group has become the world's largest F and B chain by number of outlets, overtaking Starbucks and McDonald...
From a Rs 12 ice cream to a giant: How a Chinese tea maker became the world's largest food chain, overtaking McDonald's and StarbucksMixue Bingcheng surpassed McDonald's and Starbucks to become the largest food and beverage chain by store count. Shares jumped over 40 perc...
McDonald’s loses crown as world's biggest fast-food chain to global giant with zero U.S. locations; here's all about the company that dethroned itChinese chain Mixue Bingcheng has overtaken McDonald's as the world's largest fast-food chain with over 45,000 outlets globally, focusing o...