…wear seller Li Ning Co. shut 1,200 stores in the first half and department-store chain Parkson Retail Group Ltd. (3368)’s same-store sales rose at less than a quarter the pace of a year earlier. Gome Electrical Appliances Holding Ltd. (493) said it would report a first-half loss on lower sales. China economy shows signs of stabilizing: NDRC China’s economy is stabilizing slowly as pro-growth government policies gain traction while real estate curb…
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Real Estate Developers Tumble Down China Billionaire Rankings – and more of today’s China Real Estate Links | September 26, 2012
…in Kowloon Tong, Apple said on its Hong Kong website.Apple has five retail stores in China, the company’s second-largest market, and plans to open flagship stores in the major Chinese cities of Chengdu and Shenzhen, according to government officials. Chinese land market warming up since August China Vanke Group (000002.SZ), China Resources Land (1109.HK), and China Merchants Property Development (000024.SH) have spent 13.4 billion yuan ($2.12 bill…
China home prices rise for 4th month in September – Today’s China Real Estate Links | October 11, 2012
…second time lucky. After failing to garner much attention in 1998 with its store in the Wangfujing shopping district in Beijing, Lafayette plans to try again in the nation’s capital, as well as 15 more cities across China, over the next five years. Department store buildings will include both retail and office space. China’s Rich May Be Loving Luxury Goods Too Much Markets have been trying for months to figure out whether China’s love affair with…
China Hotels Buck Weak Global Economy – and more of Today’s China Real Estate Links | October 30, 2012
…e’s goods directly from the source when the company opens its first retail store there on Saturday. Chinese media noticed on Monday that Apple will open the doors of its Holiday Plaza store on November 3 at 9am local time. Chinese Purchases of SG Homes Down 48% The number of private homes in Singapore bought by Chinese citizens in the first nine months of this year has fallen to half the figure for the same period last year. Malaysians and Indones…
Inter IKEA invests 1b euros in Chinese shopping centers – and more of Today’s China Real Estate Links | June 7, 2013
…nerations. Topshop takes first step into China with new Hong Kong flagship store Topshop, the popular British high street brand, stakes its claim in Hong Kong’s crowded fashion retail market with the opening today of its flagship store in Central. The company’s 14,000 square foot, two-floor shop at the corner of Queen’s Road Central and Pottinger Street also marks the first step in its search for a home on the mainland, where managing director Mar…
US Fashion Brand Hollister Rides the China Retail Wave
…n the retail world last week, Swiss watch manufacturer Hublot opened a new store in Ningbo, Zhejiang province. The store at Ningbo Tianyi International Shopping Mall is the company’s ninth outlet in China. According to analysts estimates, rising retail demand will continue to fuel the opening of more retail outlets across China with the increase in demand expected to boost prime retail rents by 10-12 percent during 2013. In a recent report by CBRE…
Karl Lagerfeld to Lead Retail Roll Out with 4 China Stores in 2013 – and more ofToday’s China Real Estate Links | July 18, 2013
…of the year. The “Retail roll out”, as Righi called it, will include four store openings in China, and two stores in Munich. Presently Karl Lagerfeld has two monobrand stores in Paris, one in Amsterdam, a newly opened store in Berlin, plus a franchise store in Moscow. “Next year we will focus on the Middle East,” Righi added. Parallel to the wholesale activities is a “Very selective” distribution to high class retailers and department stores such…
CIFI & Henderson China to Jointly Develop RMB 763 Mil Hangzhou Project – and more of Today’s China Real Estate Links | July 24, 2013
…xpanding its retail presence in China by opening the first stand-alone GNC store in Shanghai. The move complements GNC’s existing marketing footprint in the world’s largest consumer market. GNC plans on opening an additional 25 locations in China within the next 12 months. Joseph Fortunato, GNC’s Chairman, President & Chief Executive Officer, said, “In only two years, the GNC brand has developed strong acceptance among Chinese consumers. GNC will…
Shanghai Office Market Split as Pudong Rents Rise – and more of Today’s China Real Estate Links | October 21, 2013
…ome to engineer slower but more sustainable growth will also weigh on the economy in coming quarters, analysts say.” Under Armour opens retail store, promotional venue in China Under Armour, in a race to expand its brand globally, opened its first-ever Under Armour Experience, a blend of retail store and promotional venue, in Shanghai, China. Kevin Plank, founder and CEO of the Baltimore-based athletic apparel maker, hosted the grand opening Frida…
China Real Estate Mogul’s Tax Evasion ‘Excuses’ Rejected – Today’s China Real Estate Links | November 27, 2013
…this week to host a splashy party marking the opening of his first retail store in China. Lim invited 500 people to fete the 2,700-square-foot, two-story 3.1 Phillip Lim flagship store at the Taikoo Li, the luxury brand end of Sanlitun Village compound. Shanghai’s home sales sluggish as supply falls again Shanghai continued to post a sluggish home buying sentiment last week despite a slight rebound, as sales stayed below a 300,000 square-meter th…
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