Selling Kiwifruit at Beijing’s $5b-a-year department store

Selling Kiwifruit at Beijing’s $5b-a-year department store
Li Ming Juan has been selling NZ kiwifruit in China for two years. (Image: Dileepa Fonseka/BusinessDesk)
Dileepa Fonseka
When Prime Minister Christopher Luxon visited Beijing last week, he made time to visit a store that made more money last year than the combined revenues of every store owned by The Warehouse and Briscoes.The seven-storey, 140,000 square metre department store SKP is estimated to have seen more than US$3 billion (NZ$5b) flow through its doors in total sales last year.By way of comparison, Briscoes revenues sit at $791.5 million, and The Warehouse Group reported revenues were $3b. SKP is one of the highest-grossing department stores in the w...

More Primary Sector

Lactalis-owned NZ New Milk restructures operations
Primary Sector

Lactalis-owned NZ New Milk restructures operations

French company set to become the new owner of Mainland Group.

Riley Kennedy 12 Sep 2025
Miraka’s rapid sale illustrates David/Goliath dairy battle
Primary Sector

Miraka’s rapid sale illustrates David/Goliath dairy battle

Open Country’s buyout cements its place as NZ’s clear No 2 dairy processor.

Riley Kennedy 05 Sep 2025