Wednesday, July 29, 2009

Starbucks to Expand Further in China, Won’t Enter India Soon

July 29 (Bloomberg) -- Starbucks Corp., the world’s biggest coffee-shop operator, will keep China as a key part of its Asia growth strategy and has no immediate plans to enter India, the head of the company’s international unit said.
“China clearly is a huge opportunity for us, today and into the foreseeable future,” Martin Coles, president of Starbucks Coffee International Inc., said in an interview in Seoul. “We certainly have aspirations to have operations in India, but this is not something that is on the front burner and about to happen.”

Read more;
http://www.bloomberg.com/apps/news?pid=20601205&sid=aYVXEkEZkjmc

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