Beleaguered Chinese electronics retailer Gome Retail Holdings said it was prepared to fight, after bankruptcy petitions were filed against its unit by a group of suppliers over outstanding payments.

In 2023, the global economy remained in a trough, and the external geopolitical environment remained unstable. At the same time, the domestic economy faced both cyclical and structural adjustments, ...

HONG KONG, Sep 01, 2022 - (ACN Newswire) - GOME Retail Holdings Limited (HKEX Code: 493. HK, "GOME" or "the Company", and together with its subsidiaries, "the Group") announced its unaudited interim ...

A spat between an imprisoned billionaire and a senior business executive has spilled into the public arena, becoming a focus of nationalist sentiment and exposing the challenges of foreign investment ...

The battle for Gome is finally over. That was the message – delivered loud and clear – as the Chinese electricals retailer unveiled its first set of results since its newly elected chairman, Zhang ...

HONG KONG (Reuters) - Top Chinese electronics retailer GOME, whose founder and ex-chairman is under police investigation, is in talks with potential investors and may issue new shares to raise capital ...

Huang Guangyu is pulling off a deal to consolidate control in China's second-biggest electronics retailer even while he is behind bars. The founder of Gome Electrical Appliances Holding Ltd, in prison ...

Although same-store sales were soft at year-end due to store renovations, GOME has leveraged improved store assortments and its omni-channel retailing approach to drive better growth than the market ...

WHATEVER your notion of what constitutes good corporate governance for a listed company, having an important executive arrested is a problem. But not even being able to say whether, or why, an ...

BEIJING - The prospects for a new sporting goods chain backed by Gome Electrical Appliances do not appear promising, despite ambitious plans to open 100 stores within three years, analysts said on ...