Retail in Asia

In Sectors

Galeries Lafayette collaborates with Chinese designer, opens Beijing flagship

Galeries Lafayette is giving China another go after its initial foray 15 years ago.

Over the years, the French department store has seen a rise in Chinese customers. Half of its sales are from Asian customers and the Chinese account for its largest group of shoppers.

Galeries Lafayette now has opened a flagship store in Beijing. Located on Xidan walking street, the new store has six floors that cover 47,000 square metres – about half the size of its Paris store – and 10 Chinese and French restaurants. The Beijing flagship hopes to attract not just luxury consumers in China, but the growing middle class.
 

(Source: red luxury)