International Brands Expand &Nbsp In Beijing; Labelux8 Billion Buys British Shoe Brand

The latest release of High Power International

Labelux Group acquired $812 million for Jimmy Choo

Its own Bally and so on.

In 2001, Towerbrook, an international investment organization, bought a stake of Jimmy Choo 83% for $290 million.

This is also the second major luxury brand acquisition case since the LVMH Group acquired Bulgari in March 2011 this year.

The domestic private enterprise group Fosun Group recently signed an agreement with Italy fashion products retailer Folli Follie group to buy all the 6 million 360 thousand ordinary shares of Folli Follie group's private placement with 121 million US dollars, thus owning 9.5% of its shares.

After the acquisition, Fosun Group will support the expansion plan of Folli Follie in China.

It is reported that Folli Follie plans to increase the number of domestic shops from three to 250 in the next 102 years.

The Oak Bay (real estate layout plan Forum) developed by China Resources Land Limited is expected to open in September 2011 and 2012 respectively in the first and two phases of Living Mall.

The project is located in silicon Gucheng, Haidian District, Beijing, with a total construction area of 200 thousand square meters (of which the first phase is 65 thousand square meters, and the two phase is 135 thousand square meters).

In addition, in May 15, 2011, another project of Huarun land opened in Shenyang, the Mixc.

As the retail part of Shenyang Huarun center project, the Mixc is located at Youth Street in Heping District, Shenyang, with an area of about 250 thousand square meters.

Shenyang Huarun center has a total investment of more than 5 billion Hong Kong dollars, with a total construction area of 700 thousand square meters, including the Mixc, Jun Yue Hotel, China Resources Building and yue fu.

Some of the retail properties of Guosheng center, part of Guosheng fashion shopping center, opened in Beijing in May 16, 2011.

The shopping center is located in Dongzhimen Business District of Dongcheng District, with a total construction area of 167 thousand square meters, including two parts of Southern merchants and Northern merchants. The building area is 68 thousand square meters and 99 thousand square meters. At present, MANO, Belle, FAB, Poly International Cinema, Burger King and Xidi steak have been introduced. The shopping center is expected to open in July 2011.

The total building area of Guo Sheng center is 590 thousand and 800 square meters, including the shopping center of Guo Sheng fashion, Guoman Hotel, Guo Sheng Residence Internazionale and office building.

Prior to December 2010, the first Guosheng fashion shopping center in China opened in Shanghai with a floor area of 130 thousand square meters.

Beijing will open third rainbow stores

Limited by Share Ltd, a domestic retailer, announced in May 11, 2011 that its subsidiary signed a lease agreement with Beijing New Austrian and Yuan Business Management Co., Ltd., and opened a new department store in Beijing with 968 million 650 thousand yuan.

The department store is located at the new Austrian shopping center on Lake King East Road, Chaoyang District, with an area of 37 thousand square meters, including the first floor, the first floor and the two underground.

Previously, there were 40 stores in China, two of which are located in Beijing.

Italy fashion brand Ilaria opened a new specialty store in Beijing Jinbao Hui shopping center in May 20, 2011, with an area of 100 square meters.

This is the fifth store of Ilaria in Beijing after China World Trade Center mall, Xinguang Tiandi, Seth shopping center and Renaissance Baisheng.

Meanwhile, Graff, the UK's high-end jewellery brand, opened its second boutiques in the The Peninsula Beijing Hotel, with an area of 50 square meters.

In January 2010, Graff opened its first store in Shanghai at The Peninsula Hotel.

Yamada motor, Japan's largest electrical retailer, will open its first store in Tianjin in mid June 2011.

The store is located in the Tianjin center of Nanjing Road Business District, Heping District, with an area of 15 thousand square meters.

This is the second Yamada electric store in China. Its first store opened in Shenyang in December 2010, with an area of 24 thousand square meters.

In addition, Yamada motor reportedly plans to open another ten stores in China in the next five years.

Taida Yuet Hai Hotel invested by TEDA group recently started construction in Tianjin Binhai Beitang economic zone.

The total investment of the project is RMB 800 million yuan, with a gross floor area of 46000 square meters. It is scheduled to open in June 2012.

In addition, another five star hotel, Luen FA Mandarin Hotel, began construction in April.

The hotel has a total construction area of 42500 square meters, with a total investment of 400 million yuan. It is scheduled to open in 2012 and will become the eighth five star hotel in Binhai New Area.

German pharmaceutical and chemical products manufacturer Bayer recently invested 2-2.5 billion yuan to build polyurethane plant in Qingdao economic and Technological Development Zone.

Its office area of 1000 square meters, will adopt a variety of environmental protection design, such as solar energy, LED lighting and recycling water.

Hongkong developer Kowloon warehouse group (HK: 0007) announced in May 17, 2011 that the total value of HK $6 billion 220 million guaranteed convertible bonds was due to expire on 2014, with an annual interest rate of 2.3%.

The operation of the Kowloon warehouse will raise a total of HK $6 billion 170 million (deducting commission and expenditure) and make it available for financing and refinancing of Hongkong and Mainland China property projects and for general purposes of the company.