Lacoste China opens Shanghai duty-free outlet
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French fashion brand Lacoste China has opened a duty-free corner in downtown Shanghai’s Yueda Plaza 889, run by CNSC.
China National Service Corporation for Chinese Personnel Working Abroad is a state-owned enterprise of international trade and economic co-operation established in 1983.
Lacoste says the point-of-sale is in line with the a Chinese duty-free policy that offers Chinese travellers a 190-day duty-free shopping period after returning from abroad.
“We are aiming at building a long-term relationship with Lacoste,” says CNSC deputy-GM Jacky Yan.
Questions & Answers
Q.What kind of company is CNSC, the operator of the new Lacoste duty-free corner?
What kind of company is CNSC, the operator of the new Lacoste duty-free corner?
CNSC, or China National Service Corporation for Chinese Personnel Working Abroad, is a state-owned enterprise. It specialises in international trade and economic co-operation, having been established in 1983.
Q.What specific Chinese policy does Lacoste's new point-of-sale align with?
What specific Chinese policy does Lacoste's new point-of-sale align with?
The new Lacoste outlet aligns with a Chinese duty-free policy. This policy offers Chinese travellers a 190-day duty-free shopping period once they have returned from abroad, allowing for continued purchases.
Q.Where is the new Lacoste duty-free corner located in Shanghai?
Where is the new Lacoste duty-free corner located in Shanghai?
The new Lacoste duty-free corner is situated in downtown Shanghai. It has opened specifically within the Yueda Plaza 889 shopping complex, offering convenience to shoppers.