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Fung Brands Making Quiet Acquisitions in European Luxury Market

With its latest £32.5 million purchase of legendary tailored menswear brand Gieves & Hawkes, Victor and William Fung are making steady progress in establishing a string of luxury assets across…

Nestling into China: An Interview with Nestle’s Greater China VP of Supply Chain

Nestlé closed 2011 with some notable developments in China, including two huge partnerships with Chinese powerhouses, Yinlu Foods Group and Hsu Fu Chi. These coups will deepen Nestlé’s commitment to…

Tesco turning virtual in Korea

Tesco has set its sights on becoming the number one food retailer in South Korea. The catch? They are going to do it without increasing the number of the stores.…

China urges improved distribution system for agricutural products

China’s State Council, or the Cabinet, on Saturday urged the building of an efficient, safe and regulated distribution system for agricultural products in a bid to lower prices. The government…

HomePlus Selects GXS to Automate Supplier Connections

GXS today announced that HomePlus, South Korea’s second largest retailer, has selected GXS to manage its electronic interactions with more than 2,300 suppliers. Tweet this. HomePlus selected GXS Managed Services,…

Itochu to partner with Indian co for distribution

Japan’s Itochu Corp plans to start a nationwide distribution service in the Indian market through a joint venture with a major local player, the Nikkei business daily reported. Itochu will…