Tag: Little Sheep

Retail Asia14/06/2019
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2min0
Yum China looks to expand Asian footprint for hot-pot restaurant brand. Quick-service restaurant firm Yum China Holdings is seeking entry into the Thai hotpot market, reportedly worth THB5 billion (US$156.7 million). The company is seeking a local partner to launch its Little Sheep Mongolian hotpot chain in the territory. “The food and beverage industry in […]

Retail Asia22/06/2018
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1min0
No Signboard Holdings has signed a 10-year franchise agreement to develop and operate the Little Sheep restaurant chain in Singapore. Little Sheep is a Chinese hot-pot eatery which has its origins in Inner Mongolia. It has since grown to more than 280 outlets across China, the US, Canada and Japan, the vast majority of them […]

Retail Asia16/02/2017
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4min0
Yum China’s full-year operating profit of US$640 million was up 31 per cent led by margin expansion and restaurant openings. Its CEO describes it as a “momentous” year for the group, licensee of Yum! Brands in Mainland China. It has exclusive rights on the mainland to KFC, Pizza Hut and Taco Bell, which opened its […]

Retail Asia11/01/2017
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5min0
Mexican-inspired restaurant chain Taco Bell has opened its first outlet in China, near Shanghai’s landmark Oriental Pearl Tower in the Lujiazui business district. The restaurant has opened in conjunction with Yum China Holdings, which is the licensee of Yum! Brands in Mainland China. “Leveraging our deep insights into Chinese consumer preferences, developed from close to […]

Retail Asia17/10/2016
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3min0
Yum China, being spun off at the end of this month by Yum Brands Inc, says it can triple its number of restaurants. Yum Brands opened its foray into China with a KFC restaurant in Beijing in 1987. There are now more than 7300 KFC and Pizza Hut outlets. “I really don’t see any reason […]

Retail Asia19/09/2016
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4min0
Yum China has revealed the likely composition of its board post-spin-off from its US parent, Yum! Brands. The new company to be formed after the sell-off to Primavera Capital Group and a subsidiary of Alibaba Group, will be called Yum China Holdings and is expected to be formally formed on October 31. The nine new […]

Retail Asia01/06/2016
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3min0
Chains outperform independent eateries in China restaurant rankings, new research shows. A survey by global consulting firm OC&C Strategy Consultants shows that Chinese consumers dine out on average two or three times a week, with Hai Di Lao, Pizza Hut and Little Sheep ranking as their favourite brands. Western brands ranking in the top 10 […]


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