Wangfujing Department Store Revenue Up 23% During H1 2011
Beijing Wangfujing Department Store (Group) Company Ltd has published its semi-annual financial report for the first half of 2011, stating that its revenue increased by 23.98%.
Beijing Wangfujing Department Store (Group) Company Ltd has published its semi-annual financial report for the first half of 2011, stating that its revenue increased by 23.98%.
Chinese department store retailer Wangfujing has announced in Beijing that it will launch a new sub-brand called Fashion Headquarters and its first store under this brand will be opened on September 16, 2010.
British men's apparel brand Byford has opened a new store in Beijing and the company plans to add over 60 new stores to its retail network in Greater China in 2010.
The South Korean retailer Lotte has announced that it will focus on the Chinese market in its overseas expansion and it is planning to open 20 new department stores there by 2018.
Beijing Wangfujing Department Store has published its annual financial report for 2009, stating that its operating revenue increased by 9.09% year-on-year to CNY11.099 billion.
The Chinese roast duck restaurant chain, Quanjude, has announced plans to invest CNY119 million to expand its restaurant in Wangfujing in Beijing.
The American luxury handbag designer and maker, Coach, has opened a new specialty store in Wangfujing Department Store, Chengdu.
Four government departments in Beijing — Beijing Municipal Commission of Commerce, Beijing Municipal Commission of Development and Reform, Beijing Municipal Commission of Urban Planning, and Beijing Administration for Industry and Commerce — have jointly announced…
According to Zheng Wanhe, the chairman of Wangfujing Department Store, the company will take the downturn in the market as a period of expansion for Wangfujing and open four or five new outlets around China…
Intime Lotte, a department store co-founded by the South Korean Lotte Shopping company and China Intime, will be formally opened on Wangfujing Street, Beijing on August 1.