Starbucks' sales in China come roaring back | CNN Business

  • 📰 cnni
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 59%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Starbucks’ China business is back after dropping due to Covid restrictions last year

In the three months ending on July 2, sales at Chinese locations open at least 13 months spiked 46% year-over-year, the company said Tuesday. China has been a key growth driver for Starbucks. But the company’s business in China — the world’s second-biggest economy — was hampered by the country’s strict Covid restrictions. Starbucks sales in China took a major hit last spring.

” Narasimhan pointed to the company’s vertical integration and “locally relevant innovation,” which “has won over customers in what has historically been a tea-drinking culture,” as competitive advantages. In China, the average person drinks about 12 cups of coffee per year, he said. That’s far lower than consumption in other markets. In Japan, each person drinks an average of about 200 cups of coffee per year, and in the US that number is 380 cups, he said. China, which has a population of 1.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 326. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Starbucks beats earnings estimates, but sales disappoint despite China boomStarbucks stock has risen just 1.5% this year, giving the company a market value of $115 billion.
ソース: nbcchicago - 🏆 545. / 51 続きを読む »

China set to announce new stimulus measures as factory sector contracts for fourth month | CNN BusinessChina is preparing to announce new stimulus for its stumbling economy after the vast factory sector contracted for a fourth straight month, and a gauge of activity in its services sector slipped to a seven month low.
ソース: cnni - 🏆 326. / 59 続きを読む »