Chengdu, a city of 14 million and the capital of Sichuan Province, has been on retailers’ radar. “We don’t consider Chengdu a second-tier city anymore. It is a first-tier city,” said Andrew Keith, the president of Hong Kong-based Lane Crawford and Joyce boutique, which has opened an 82,000-square-foot store in the city. The brand is one of many that are currently taking advantage of the city’s ripe retail market.
(Source: Red Luxury)