Retail in Asia

In Shops

Foreign retail brands eye on China’s Guangzhou

The city of Guangzhou in China’s southern Guangdong Province came under the limelight again due to its great consumer potential and strong growth drivers in its retail market, which impelled foreign retail brands to change their strategies and seek better development in the region.

Maxvalu, a high-end supermarket brand under Aeon, would open its first store by the year end. Galeries Lafayette, which attempted to have its presence in Beijing 15 years ago but failed, planned to come to the city for its second location in China.
 

(Source: CCFA)