According to Vincent Chow, general manager for the Hong Kong-based jewelry company Chow Sang Sang, the company plans to invest about HKD50 million this year in opening new stores in mainland China.

With the approval of China Post, a speciality postage stamp shop has been opened in Changsha, Hunan.

Hong Kong-based jewelry company Chow Tai Fook has signed an agreement with the government of Yantian District, Shenzhen, to build its mainland headquarters there.

The New York-based high-end fashion brand Coach has announced that it has completed the second phase acquisition of its retail businesses in China from Hong Kong distributor ImagineX Group.

The world's first Barbie flagship store will be opened in Shanghai in March 2009 to coincide with the 50th anniversary of the doll.

International luxury brand Gucci has announced the opening of its new specialty store in Shenzhen.