Luxury giants tap into mainland market
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Wang Jing/China Daily |
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| They don't make things like they used to |
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| J. Galliano makes fashion return in British Vogue |
When asked how Lafayette Beijing will make up for lost social cachet when compared with the flagship store, whose innate charm lies in its Parisian location, Chemla said, "The way the Beijing store is organized is very focused on a 'mix-and-match' attitude ... This is very French!"
"We are targeting all customers who love fashion and look for a unique lifestyle to enjoy life. From this aspect, the Beijing store shares the same customer base as the French store," he said. "At the same time, the Beijing store will make Galeries Lafayette available to Chinese consumers who don't have the opportunity to go to Paris often."
In response, Jiang offered his own advice for foreign-based retailers looking to establish a base in China. "Go to the second-tier cities," he said. "That's where all the money has come from."
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