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European department store Galeries Lafayette has announced the appointment of Arthur Lemoine to head of watch activities. Lemoine succeeds Daphné de Jenlis, who is taking sabbatical leave but remaining in the group. Reporting to the French group’s executive…
Belgian handbag brand Delvaux China has opened a flagship store, in Taikoo Li shopping centre in Beijing’s Sanlitun district. Delvaux also has boutiques in Galeries Lafayette and the Yintai Center in the Chinese capital. Founded in 1829, the brand opened its…
US private-equity company General Atlantic has made its first investment in Indonesia by buying into lifestyle retailer Mitra Adiperkasa (Map). It has subscribed for Rp1.08 trillion (US$80.5 million) in bonds issued by Map which are convertible into shares in…
French division retailer retailer Galeries Lafayette has opened its first Lafayette Gourmand China meals retailer – in Beijing. Lafayette Gourmand is actually a luxurious meals corridor serving meals to eat on website or take house. The flagship has a grocery…
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