Lane Crawford denied social media rumors that its Chengdu IFS store will shut in January 2026, saying the lease extends beyond that date. The retailer acknowledged some staff departures due to strategy adjustments, but remains in talks with the landlord and is reshaping its stores’ layouts, including a new concept space in Shanghai. The company operates three mainland stores after closing its Beijing Yintai outlet in 2021. Lane Crawford’s efforts to spotlight Chinese designers have waned, while rivals like Joyce have exited mainland markets.