SHANGHAI: A Chinese kitchen appliance maker is paying out up to 79 million yuan (£8.9 million) in refunds to its customers after vowing last month that it would do so if France won the soccer World Cup competition. Vatti Corp Ltd, based in China’s southeastern province of Guangdong, said early on Monday on its official Weibo microblog account that it would honour its pledge and issued instructions on how customers could claim their refund. The company is an official sponsor of the French national football team. It had offered the deal to buyers of its “championship package” – which is valued up to 16,100 yuan and includes gas stoves, water heaters and dish washers as part of a marketing campaign.
Published in Daily Times, July 17th 2018.
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