TheNanfang » Abercrombie & Fitch http://www.thenanfang.com/blog News & views about Guangzhou, Shenzhen & Dongguan Fri, 10 Oct 2014 10:40:45 +0000 en-US hourly 1 http://wordpress.org/?v=3.4.1 British retailer Topman to launch in China with its first store in Shenzhen http://www.thenanfang.com/blog/british-retailer-topman-to-launch-in-china-with-its-first-store-in-shenzhen/ http://www.thenanfang.com/blog/british-retailer-topman-to-launch-in-china-with-its-first-store-in-shenzhen/#comments Wed, 29 Aug 2012 07:41:40 +0000 Danny Lee http://www.thenanfang.com/blog/?p=9180 Continue reading →]]> Riding high on the clothing trail, the team behind Topshop’s successful debut in China is preparing to unleash Topman to eager shoppers in Shenzhen.

We’re told the new store is due to launch on September 28, if not at the start of Golden Week on October 1 to take advantage of holiday sales.

The new Topman, opening next door to Topshop in King Glory Plaza, fills an important hole in the market.  In order to get the go-ahead to launch, it had to overcome trademark issues earlier in the year.

Topshop launched to much fanfare in May, but some fans had to leave with empty bags as the store only stocked female fashions.

Britain’s Arcadia Group, which runs the two franchises, is focused on the mainland market.  It is testing the popularity of the brand with pop-up concept stores it goes against the trend of rival retailers, such as Abercrombie & Fitch, launching their presence in China with flagship stores in Hong Kong.

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]]> http://www.thenanfang.com/blog/british-retailer-topman-to-launch-in-china-with-its-first-store-in-shenzhen/feed/ 1 Hong Kong’s US retail invasion: J. Crew next to move in http://www.thenanfang.com/blog/us-fashion-retailer-j-crew-to-open-in-hong-kong/ http://www.thenanfang.com/blog/us-fashion-retailer-j-crew-to-open-in-hong-kong/#comments Tue, 31 Jul 2012 03:05:49 +0000 Danny Lee http://www.thenanfang.com/blog/?p=8387 Continue reading →]]> One of the big benefits of living in the PRD is having access to all that Hong Kong offers just south of the border. While those in Shanghai and Beijing get their “authentic” China experiences, we’re fortunate to get the best of China where we live with the added convenience of having access to the foreign retail chains in Hong Kong, cheap electronics, and even a wide selection of books unavailable on the mainland.  (Not to mention fast and unfettered Internet when it’s needed).

For those that like to head south to pick up items unavailable up here, you’re going to like this: US fashion retail icon J. Crew is moving in.  The brand – adored by the likes of First Lady Michelle Obama – is now scouring Hong Kong looking for a place to open a flagship store.

J. Crew won’t be the first US chain to open in the territory, either.  The city has seen a US retail invasion over the past few years with the Gap having opened in Central and Abercrombie and Fitch set to open on Pedder Street on August 11.  J. Crew has over 200 retail stores in the US and Canada and believes entering Asia through Hong Kong – which is seen as a mature market – is a stepping stone to further growth in China.  After all, Hong Kong has a strong combination of local consumers and 42 million tourists, including 28 million mainland visitors.

J. Crew chairman and CEO Mickey Drexler told Bloomberg today: “You must be in Hong Kong, you must be in Shanghai and… We need to grow quickly.”

While western brands are moving in, there are signs of a spending slowdown in Hong Kong. Figures for October 2011 showed growth of 23 per cent, but in May 2012 it tumbled to 5.8 per cent, the slowest pace of growth for 18 months.

There’s no word on when the new J. Crew store will open.

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