Brookstone Inc
Brookstone Inc. began as a mail-order firm selling unusual and uncommon tools in the mid-1960s. After a while, it began to offer a variety of products, including alarm clocks, remote control toys, and other items. It has 34 locations in the United States by 2018. However, in 2014, it had financial difficulties and even filed for bankruptcy. It’s a good thing that Sanpower and Sailing Capital, two Chinese businesses, bought it for $173 million and saved it. We’re grateful that they intervened at the appropriate time, preventing Brookstone from entirely collapsing. When the firm was able to emerge from bankruptcy a few months later, in July 2014, many were relieved.
Brookstone Inc
Dairy Farmers of America Inc
Who’d have guessed that a corporation with a name like Dairy Farmers of America would have anything to do with China? It may appear improbable, yet it is true! Inner Mongolia Yili Industrial Group partnered with DFA to open a new processing factory in 2014 to produce milk powder. It happened about the same time when China was unable to supply milk due to a New Zealand drought. This meant that the country’s supply was cut off. Inner Mongolia Yili Industrial Group increased its international footprint in an effort to tackle the problem. Despite the fact that it does not own DFA, the two are bedfellows.
Dairy Farmers Of America Inc