Chinese restaurant group South Beauty has a lofty ambition. Its founder Zhang Lan loves to tout her chain as the future “Louis Vuitton” of the global dining market. But the 57-year-old has ...

Though her face has graced the cover of Forbes magazine several times as one of the most visible faces of entrepreneurial success in China, Zhang Lan says her journey is still far from over.

Representatives from the European private equity group are no longer members of the board at the restaurant chain founded by flamboyant Chinese entrepreneur Zhang Lan. CVC, which last year spent $ ...

The economic reforms implemented by the Chinese government some 30 years ago led to an explosion of economic activity across the country. Millions of people were confronted with the possibility of ...

The chain’s founder, Zhang Lan, “went crazy…and sent numerous very damaging messages to senior managers” of South Beauty and told staff to withhold operating data and block all email ...

It was her resolve and passion for innovation that helped Zhang overcome many challenges when she decided to transform her single restaurant into a high-end chain, said An Yong, co-CEO of South ...