Chinese department store operator Wangfujing has opened a new shopping center in Chengdu, capital of Sichuan province.

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.