Lane Crawford opens in Shanghai its largest flagship department store in mainland China

Hong Kong based retail group Joyce Lane Crawford opened this week in Shanghai its largest flagship store in China, with an impressive surface of 15.000 sqm (150.000 sqf), located in the prestigious Times Square and a mix of over 500 premium and luxury fashion, accessories. shoes, fragrances etc.Lane Crawford operates two department stores in Beijing and prepares the opening of a new store in Chengdu in Spring 2014.

Competition has speeded up with the entry early this week of Galeries Lafayette and Corso Como, early this month. American department store Bloomingdale’s is reported to be in advanced discussions with a Thai Group to open store in China through a joint venture.