Asia real estate and outbound investment news
Burberry closed the doors to its flagship store in Shanghai on March 31st, according to local media accounts, as the brand that made trench coats trendy shuttered its fourth shop in China’s commercial capital within the last eight months.
By… Read More>>
Prada is stepping up its marketing efforts in Asia by opening a pop-up store in Macau, which the Italian luxury fashion brand will bring to other cities in Greater China and abroad during the Chinese New Year holidays.
By setting… Read More>>
Chinese shoppers with a taste for discounted luxury goods are in luck, as Florentia Village expands its network of designer outlets into central China and Hong Kong.
The chain of suburban shopping venues has recently unveiled its first location on… Read More>>
Apple plans to open its 12th Apple Store in mainland China early next month, in Jiangu’s province’s Wuxi. This latest expansion of the US device maker’s retail network comes as other luxury brands have slowed the opening of new stores… Read More>>
While China’s luxury retailers fell well short of their goals in 2013, the major cause of the industry’s struggles was poor planning, not a government clampdown on bribery and draft, according to a survey conducted last week on Mingtiandi.
Among… Read More>>
Global luxury brands and the mall developers that love them have hit hard times in China as Xi Jinping’s anti-corruption campaign has seen shoppers desert high end stores.
According to a recent report in the South China Morning Post, many… Read More>>
