date:Feb 20, 2014
ng bubble in Beijing.
In comparison, Shanghai has been a more profitable investment for the Spanish retailer. DIA has grown to 163 stores in the Chinese capital, but only generated gross sales of 60 million, according The Confidential.
In 2003 the group announced its arrival in China , with the opening of more than 300 stores across the country. Growth was slower than expected and at the end of 2011 it had achieved 447 outlets at its peak.
DIA says it intends to continue in China and they wil