department stores
China’s Unexpected Explosion of Multi-brand Stores
After the COVID-19 pandemic, the luxury landscape in China quickly became more advanced, and local independent multi-brand stores have taken advantage. Read More5 Trends From McKinsey & Co.’s 2021 China Consumer Report
McKinsey & Company released its 2021 China consumer report, explaining how COVID-19 has changed Chinese consumption and the trends now shaping the Chinese economy. Read MoreWhy US Retailers Should Follow China’s Lead After COVID-19
Considering how badly Western retailers were struggling pre-COVID-19, department stores would be wise to look at China’s “New Retail” model for inspiration. Read MoreCan China’s Mixed-Use Development Model Save US Department Stores?
As traditional US department stores continue to shutter, China may have a solution for them in mixed-use development projects. But can they work stateside? Read MoreFarfetch CEO Urges Luxury Brands to Discount Less at Department Stores
Farfetch CEO Jose Neves advised luxury brands to stop discounting at department stores at the recent New York Times Luxury Conference. Read More8 High-End Shopping Malls Sought Out by Luxury Brands in China
Here are 8 upscale department stores in China and how they have embraced the "New Retail" business model to connect online sales to their offline business. Read MoreLane Crawford Hit With Hundreds of Complaints by Chinese Consumers
Hundreds of Chinese consumers filed complaints against the luxury department store Lane Crawford for inexplicably canceling their orders. Read MoreChinese Tourist Hub Galeries Lafayette Now Offers Personalized Shopping Experience in Paris Store
The iconic department store on Boulevard Haussmann is launching a number of offerings to bring back shoppers, including those from China, after a lull in Paris tourism last year. Read MoreFrom WeChat To Peng Liyuan: The Top 10 China Luxury Stories Of 2013
This past year has been a whirlwind for the luxury industry in China. Check out Jing Daily's list of the top 10 stories that shaped the market in 2013. Read More