Benjamin Lau, Apriem’s Chief Investment Officer speaks to Starbucks’ thriving presence in the Asia-Pacific region with The Street. Below is an excerpt:
“On average, margins there are lower than in the U.S., Benjamin Lau, chief investment officer of Apriem Advisors told The Street, 24% versus 27%. Lau said Starbucks will try to life those Chinese margins with a saturation of stores that sell innovative drinks and high-end products.”
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