date:Feb 18, 2014
globe be manged under the mode of franchise operation and in the Chinese market, it showed a more prudential attitude. It for the first time opened up the operation there as early as 2010, but had had franchise stores in Provinces including Jiangsu, Fujian, and Sichuan as well as some cities in Guangdong Province. It would open up the business in Shanghai and Shenzhen this year. Available data showed that it had a total of 35 franchisers in the market currently.
Hurt by the global economic down