Business Intelligence on Retailing, Franchising, and Consumerism in China

Beijing Caibai Starts Jewelry Retail Operation In Tianjin

Beijing-based jewelry brand Caibai has entered Tianjin and its local branch, Tianjin Caibai Baoquan Jewelry Company, has started trial operation.

A joint venture invested by Beijing Caishikou Department Store and Tianjin Baoquan Investment Company, Tianjin Caibai Baoquan Jewelry Company will focus on the sales of gold jewelry and various investment products made of precious metals. Its first store in Tianjin is located on Jiefang North Road and it covers an operating area of 530 square meters.

A representative from Beijing Caibai told local media that Caibai adopts unified prices across China. The company has its own plants and its products are designed and made independently.

For services, Caibai will launch a series of convenient policies for consumers in Tianjin, including lifetime free repair service, lifetime free cleaning service, lifetime trade-in service, and free packing service.

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