First China Location Recently Opened In Shanghai
With some estimates seeing China’s gem and jewelry market ballooning to US$200 billion by 2015, up from $48 billion in 2011 and $14 billion in 2000, international jewelers continue to pour in, chasing an emerging middle class that continues to fall under the spell of diamonds, gold and platinum. Following early movers like Tiffany & Co. and Cartier, among the latest entrants to the market is the Brazilian jeweler H.Stern, which currently operates 165 stores in 12 countries and has 170 retail partners worldwide, and recently opened its first store in Shanghai.
Located at the Takashimaya Department Store on Hongqiao Road, the new location stocks a wide range of the jeweler’s collections, including nature-inspired pieces that are being promoted in China in advance of Chinese New Year.
As a relative latecomer to the China market, H.Stern is working to build brand awareness via its official Weibo page and by working with local celebrities like actress Yao Xingtong (姚星彤). Yao, who boasts over 800,000 Weibo fans herself, was decked out in H.Stern jewelry for the Shanghai premiere of her latest film, the Jackie Chan-helmed “Chinese Zodiac” (CZ12).
Takashimaya Department Store, 2nd floor, Shop 204
1438 Hongqiao Road, Changning District, Shanghai
Hours: 10:00am – 9:30pm