Swarovski has just opened its first Asian flagship store in HK Plaza, Shanghai. On the heels of the brand opening its Instant Wonder pop-up boutiques in 27 key locations around the world earlier this year, the Shanghai flagship will welcome customers into…
China Mobile Ltd shares debuted on the Shanghai Stock Exchange on Wednesday, soaring to 63 yuan, 9.4% higher than the offer price of 57.58 yuan in early trading, before closing at about 0.52% higher at 57.88 yuan. The carrier’s Shanghai shares traded more…
Spanish contemporary fashion label Bimba Y Lola is launching in China with a joint venture with ImagineX, Lane Crawford Joyce Group’s distribution and brand management arm. With a corporate office to be set up in Shanghai, the brand aims to establish a retail…
On 29th October 2021, Hermès is delighted to open the doors of its newly renovated store in the prestigious Plaza 66 in Shanghai. Spanning over two floors and 656 m2, the vision for this store evokes the richness of the local culture and Hermès’ connection…
Luxury eyewear label Gentle Monster has unveiled the design of its first Haus concept store outside South Korea in Shanghai, the world’s largest Gentle Monster store. The launch of the Shanghai store follows the opening of Haus Dosan in Seoul earlier this…
Tesla’s Shanghai factory is expected to produce 300,000 cars in the first nine months of the year, capped by a delivery rush in the end of the July-September quarter, despite a global semiconductor shortage, two sources said. The factory makes the electric…
The Shanghai government will support companies applying for approval to sell duty-free goods, and encourage duty-free shops to be set up at airports, hotels, malls and other commercial venues, municipal authorities said. The development of a “duty-free…
H&M has closed one of its Shanghai flagship stores on the Nanjing West Road. The store, which was open for ten years, was considered a key part of the brand’s retail strategy as it was on a high-traffic shopping street. According to a statement made to…
U.S. electric car maker Tesla Inc has halted plans to buy land to expand its Shanghai plant and make it a global export hub, people familiar with the matter said, due to uncertainty created by U.S.-China tensions. With 25% tariffs on imported Chinese electric…
U.S. electric vehicle (EV) maker Tesla Inc plans to add facilities at its Shanghai factory to repair and reproduce key components such as electric motors and battery cells, a document submitted by Tesla to Shanghai authorities shows. China, the world’s…
Glenn Martens may still be prepping his debut collection for Diesel, but he’s already leaving his mark on the brand. The Belgian designer, who was tapped as the Italian brand’s creative director last October, has imagined a new store concept for Diesel, an…
Set to open on December 18 in Shanghai’s Reel Department Store, the new 160sq m boutique is the brand’s first store in China with the new store concept. Founded in 1988 and headquartered in Paris, French luxury fashion house Maison Margiela produces both…
French jewelry house Korloff has opened its first flagship store in Shanghai. Located at Shanghai Avenue Mall, the store offers Korloff’s full range, including fine jewelry, bridal collection, watches, small accessories, and fragrances. The store’s facade…
Performance apparel brand Arc’teryx has opened its first global flagship store in Shanghai, its largest store to date. Called the Arc’teryx Alpha Center, the store occupies an 8000sqft area, offering what the brand describes as an “experiential design and…
Starbucks has just unveiled a new concept store in China created inside six repurposed shipping containers. An identical concept, created by Japanese architect Kengo Kuma, first appeared in Taiwan. As the 800th store in Shanghai, the Starbucks container store…
Japanese lifestyle specialty store Loft has opened its first directly owned overseas store, ‘Xujiahui Loft’ in Shanghai. Located at Metro City, the Xujiahui Loft Shanghai occupies a 1046sqm area. It features more than 12,000 products including Loft’s…