Starbucks China Growth On Full Steam
WARC put out an interesting article here about Starbucks plans to continue its expansion in China in spite of economy slowing (but still reached 6.6% GDP growth). What caught our attention was that Starbucks revenue in China nearly doubled in 2018 reaching $652 million with 560 new cafes. Belinda Wong gets a lot of the credit for this. Oh, and their overall revenues increased 9.2%. That's a lotta latte's.
[Photo courtesy of Starucks.com.]