Shanghai

Apple opens new store in China, more expected

Source: 
Shanghai Daily

Apple opened a new store in Chongqing Municipality in southwest China on Saturday, bringing the number of Apple stores in the Chinese mainland to 11.

Another Apple store is expected to be opened on 2 Aug. in Wuxi City in east China's Jiangsu Province, about a one-hour drive from Shanghai. Apple CEO Tim Cook said last year the company will open more than 25 stores in China in the future.

Burberry opens flagship store in Shanghai

Burberry recently opened its new flagship store at the Kerry Centre. It is the brand's eighth store to open in Shanghai, following recent openings within L’Avenue, K11 Art Mall and Hongqiao airport in 2013.

Valentino opens in Shanghai second largest store globally

Source: 
cpp-luxury.com

Italian luxury house of Valentino has celebrated the opening of its new flagship store in Shanghai with a capsule collection – Collection Shanghai 2013. Second in size only to the Milan flagship, the Shanghai store opened November 14 at IAPM Mall in Huai Hai Zhong Road. The two-story flagship, designed by architect David Chipperfield, brings the spirit of the Venetian palazzo to a more intimate scale.

 

Disney to open massive Shanghai store

Source: 
CNBC

Walt Disney Co. announced plans for retail complex in Shanghai, the company's first store in mainland China.

Lane Crawford opens China flagship store in Shanghai

Lane Crawford opened its China flagship store in Shanghai on Thursday, a 150,000-square feet one-stop luxury fashion and lifestyle destination at Times Square.

Featuring 500 international brands across women's fashion, beauty and fine jewellery, menswear and home and lifestyle, it is the most extensive international luxury and designer brand portfolio available in Greater China.

It is also the largest store in Lane Crawford's portfolio, which now totals eight stores in Greater China. The store represents a CNY400 million (USD65.3 million) investment from the company.

Gap plans 1st Old Navy store in Shanghai, to add 20 more Gap stores in China

US clothing retailer Gap Inc. is going to bring a new brand into China by opening the first Old Navy store in Shanghai and launching an e-commerce site in the first half of 2014, the company said on 22 Aug.

The first store will be located in one of the city's busiest shopping and entertainment areas.

GNC opens 1st retail store in China, to add 25 more over next 12 months

GNC Holdings, Inc., the US-based specialty retailer of health and wellness products, on Monday announced that it is expanding its retail presence in China by opening the first stand-alone GNC store in Shanghai. The first stand-alone location opened yesterday in Raffles City, one of Shanghai's prime retail and office space locations.

The move complements GNC's existing marketing footprint in the world's largest consumer market. The company plans on opening an additional 25 locations in China within the next 12 months.

Mart matters: RT better than Wal for retail in China

Source: 
Shanghai Daily

Shelves stacked to the ceiling with low-price hot sauce, Barbie dolls, and noodles stand near tanks where shoppers can fish out live sea bass for dinner. Welcome to RT-Mart, China's version of Wal-Mart Stores Inc.

HK, Singapore, Shanghai, Beijing and Tokyo among top 20 global cities for international retailers

Hong Kong, Singapore, Shanghai, Beijing and Tokyo are among the top 20 cities where international retailers have the largest presence, according to the 2012 edition of How Global is the Business of Retail? by global property adviser CBRE.

Shanghai leads with most per capita payment through Alipay

Source: 
Shanghai Daily

Shanghai residents made the most per capita payment via Alipay to lead other regions domestically this year, according to latest data from Alibaba's payment affiliate.

They made an average payment of CNY38,561 (USD6,230) in the first 10 months of this year, followed by residents in Beijing as well as Zhejiang and Guangdong provinces.

Of the CNY38,561, online shopping expenditure totalled CNY16,159, with the balance used for paying public utility fees and credit card bills.
 

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