Nanjing Jinxiang Group and Wangfujing Group will jointly build a 260,000-square-meter high-end commercial complex, Jinxiang City Wangfujing Shopping Center, which will be the first Wangfujing store in East China region.
Chinese department store retailer Wangfujing reported its financial situation for the first quarter of 2016, and the news was not great.
American light luxury and high-end clothing designer brand Michael Kors opened a new store in Lotte Department Store Chengdu Global Center and it is Michael Kors' fifth store in Chengdu.
Bailian, Wangfujing, and Li & Fung have signed an agreement at the Shanghai Expo Centre to establish a joint venture for retail business development.
The municipal government of Yinchuan, Beijing Wangfujing Department Store Group, and Yinchuan Jianfa Group have jointly signed an agreement to build a large urban complex in the city.
Nike's flagship store in Beijing Wangfujing's shopping area, which is the company's first flagship store in China, will be reportedly closed when its lease expires, and H&M will be the new lessee of this site.
American shopping center operator Taubman Centers Inc. has reportedly invested CNY221.4 million in a joint venture of Beijing Wangfujing Department Store (Group) Co. for the operation and management of a shopping mall.
Danish jewelry brand Pandora has opened a new specialty store in the western Chinese city of Chengdu.
Beijing's venerable shopping brand Wangfujing is expanding to the southern Chinese city of Foshan.
Chinese department store operator Wangfujing has opened a new shopping center in Chengdu, capital of Sichuan province.