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Mainland China
VideoChina

US firm General Mills sells Haagen-Dazs stores in China to mainland investor group

Haagen-Dazs’ parent company sells its shops in China.

Brian Mikael Cheng
Read the full story: https://sc.mp/cf4234

General Mills is offloading its Haagen-Dazs stores in mainland China to an investor group led by local chain Ningji Lemon Tea. Analysts see the move as a proactive revamp of foreign business models amid China’s fast-evolving competitive landscape.

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