New World Department Store China Ltd<0825>, the retail unit of New World Development Co Ltd<0017>, will open five new department stores in mainland China by the end of 2011, according to chairman Henry Cheng. The new stores, to be located in cities such as Shanghai, Beijing, Shenyang and Zhengzhou, will...
Oct. 10, 2008 (China Knowledge) - New World Department Store China Ltd<825>, a retailing unit of Hong Kong billionaire Cheng Yu-tung's New World Development Co. Ltd<17>, announced its whole year profit jumped 57.4%, thanks to...
New World Department Store China Ltd<0825>, a retailing unit of Hong Kong billionaire Cheng Yu-tung's New World Development Co Ltd<0017>, plans to spend RMB 100 million giving a face lift to its 33 department stores in mainland China in the next two years, said Executive Director Chi-kong Cheng,...