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COFCO's China Foods prepares Coca-Cola bottling operations sale

2016-08-23 13:59:00| Daily beverage news and comment - from just-drinks.com

COFCO subsidiary China Foods is considering the sale of stakes in ten Coca-Cola bottlers in the country, as the Coca-Cola Co's bottler refranchising scheme gains momentum.

Tags: sale china operations foods

Samsung prepares to launch its first LTE-enabled Tizen smartphone

2016-08-23 02:00:00| Total Telecom industry news

South Korean vendor plans to launch its third device powered by the Tizen OS and the first using the platform for 4G.

Tags: samsung launch smartphone prepares

Xiaomi prepares US launch, dismisses data on China slowdown

2016-08-22 15:58:00| Telecompaper Headlines

(Telecompaper) Chinese smartphone maker Xiaomi is preparing to enter the US market "in the near future", company vice president Hugo Barra said in an interview with Bloomberg. Barra said the company will use social media channels to build a relationship with younger consumers in the US, the same as its strategy in other markets. Xiaomi already sells products such as earbuds and fitness bands to Americans online, bu there is no fixed schedule for bringing its smartphones to the US. Barra also dismissed suggestions that Xiaomi's home market was slowing. IDC estimated that Xiaomi shipped only 10.5 million smartphones in China in the second quarter, a fall of 38 percent from a year earlier. Barra said the figure was "not accurate", and the company shipped just under 7 million units in June alone, he said.

Tags: data china launch prepares

Cath Kidston prepares for Latin America expansion

2016-08-17 14:33:00| Daily apparel & textile news and comment - from just-style.com

Global lifestyle retailer Cath Kidston has tapped Under Armour executive, Michael Engelhaupt, as its first head of Latin America as the company eyes expansion in the region.

Tags: america latin expansion latin america