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Starbucks (NASDAQ:SBUX) broke higher in Monday trading after the U.S. and China agreed to lower tariffs. Investors may be ...
As Chinese coffee chains like Luckin and Chagee expand into the US market, Starbucks CEO Brian Niccol faces new challenges in maintaining the company's market dominance. Starbucks, the iconic ...
Both domestic and international coffee chains are feeling the impact, with Starbucks emerging as one of the biggest losers. The chain, once synonymous with coffee in China, fell to 14 per cent of ...
BEIJING: Starbucks plans to increase its store numbers by 50% to 9,000 stores by 2025 in China – its second-largest market – as well as double its sales and quadruple its operating income.
TOKYO -- Stagnant Chinese consumption is challenging global chains like KFC and Starbucks, while traditional local restaurant operators are also struggling to gain momentum. Yum China -- which ...
As coffee chains in China struggle with a bitter combination of sluggish consumption and cutthroat pricing, Starbucks and Luckin Coffee regained momentum in the last quarter by focusing on lower ...
Starbucks China announces a high-profile collaboration with Taiwan rock band Mayday, who will serve as the brand's official Summer Ambassador. [Photo provided to chinadaily.com.cn] As summer ...
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