Shanghai-based jewelry store operator Laofengxiang has published its annual financial report for 2009, and has posted a year on year growth in net profit of 85%.

The American luxury accessories designer and maker Coach has announced plans to open its first Chinese mainland flagship store in Shanghai in April 2010.

Chinese sports supplies brand Lining has said that it will open its first store outside the Asia region in the United States in January 2010.

The American luxury handbag designer and maker, Coach, has opened a new specialty store in Wangfujing Department Store, Chengdu.

Hong Kong-listed luxury watch retailer Xinyu Hengdeli has announced plans to open at least 30 new stores in Greater China in 2010.

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.