Ikea Expands Into Another Chinese City
With outposts in Chengdu, Beijing, Shenzhen, Shanghai, and other Chinese cities, Swedish furniture chain Ikea is now planting its flag in a new Hangzhou store.
With outposts in Chengdu, Beijing, Shenzhen, Shanghai, and other Chinese cities, Swedish furniture chain Ikea is now planting its flag in a new Hangzhou store.
Swedish home supplies giant Ikea formally announced that its second store in Beijing will open at the end of 2013.
Italian fashion brand Giorgio Armani opened a new store in Tsim Sha Tsui, Hong Kong, marking a new milestone for the brand's development in this international shopping paradise.
Chen Hanyun, financial director of Carpenter Tan Holdings Limited, revealed to Chinese local media that the company plans to open new outlets in Hong Kong in 2013.
Ikea will reportedly invest about CNY1 billion in a new project in Chongqing to build the company's largest flagship store in western China.
During Hola's recent winter products launch, the Taiwanese home decoration retailer announced that it will start developing the Chinese mainland market via virtual channels, including TV, mail-order catalogs, and the Internet; and the company aims…
The Sweden-headquartered furniture retailer Ikea has confirmed that it will open its second outlet in Beijing in Xihongmen, Daxing district.
According to statistics from the Chinese National Bureau of Statistics, the country's total retail sales increased by 14.8% in April 2009.
Home decoration retailer B&Q has opened a new generation flagship store in Shanghai, its first such flagship store in China since its introduction of a new retail model.
According to Che Jianxin, president and CEO of the Chinese home furnishing chain M Macalline, after an injection of USD1.5 billion capital from the U.S. private equity firm Warburg Pincus, the company is currently implementing…