Haidilao
Weak catering demand to dampen Haidilao’s revenue growth in H2
Soft economic conditions will have consumers looking elsewhere.
Weak catering demand to dampen Haidilao’s revenue growth in H2
Soft economic conditions will have consumers looking elsewhere.
Haidilao’s billionaire co-founder steps down as CEO
The announcement comes as the chain prepares to post its first loss since at least 2015.
Haidilao eyes US$301m share sale for credit facilities repayment
It previously announced it will be shutting down or suspending the operations of around 300 restaurants.
Haidilao to close or suspend around 300 restaurants by end-2021
Affected employees would be redeployed within the group.
Haidilao to slow growth as COVID-19 subdues consumer appetite
China’s biggest hot pot chain embarked on an expansion drive in early 2020 that resulted in an almost-1,600 store network.
