Starbucks Corp.’s China chair Belinda Wong will retire Jan. 24, leaving the task of reviving the American coffee chain’s growth in one of the most-competitive markets to a new generation of leaders.
China is Starbuck's fastest-growing market outside of the US. Starbucks is to take full ownership of all its China outlets, after agreeing to buying out its joint venture partner for $1.3bn (£994m).
(Bloomberg) -- Starbucks Corp. is removing the ... The chain’s eight Roastery and Reserve locations in the US and China will ...
Starbucks has had a tough time in China recently. The company has been outsmarted in growth by its Chinese competition while a struggling Chinese economy has dealt a double blow. As China recovers ...
Starbucks Corp. hired its first-ever chief growth officer in China, tasked with luring back young coffee drinkers as the US chain struggles with cheaper local rivals in its biggest international ...
“Eating meat means prosperity in the coming year,” the Shanghai Starbucks Roastery wrote on Chinese ... Starbucks Reserve stores across China will sell the latte vowing to bring “traditional ...