Shapingba Wangfujing Department Store Upgrading To Build Theme Museum For Children
With consumers increasingly paying attention to shopping environment and shopping experience, the "shopping mall" transformation in department stores is becoming more frequent. Recently, the head of Wangfujing store Shapingba shop told reporters that the department store is upgrading and upgrading. Brand upgrading In addition, it will gradually increase the proportion of fashion catering, leisure and other experience formats, create shopping mall department stores, realize the transformation of traditional department stores to shopping centers, and expect to meet with the public at the end of the year.
Shapingba Wangfujing department store upgraded its format and built a children's theme Experience Hall at UG level.
"To adapt to market and consumption Our position is to create fashion and boutique shopping centers. Wang Shuhui, general manager of Shapingba branch of Chongqing Wangfujing Department Store Co., Ltd., told reporters that as early as the end of last year, the company began its biggest adjustment since its opening in 2006, seeking transformation from traditional retail stores to younger and branding.
On the UG floor, after closing the supermarket, it created the largest child world "Gabby monster forest" in the Shapingba business circle, which integrates children's clothing, toys, entertainment and food.
On the six floor, we will create the whole dining room, introduce green tea, Huang Jihuang, three Yue Tang Beijing roast duck, Peng Quan poly Tantric Sichuan cuisine and other fashionable food shops, and at the same time, we will also open more leisure areas on all floors, such as introducing the functional experience of feeling time bar, bullfight steak, ETUDE nail and water bar to meet the diverse needs of the public. "At present, some restaurants and leisure areas are still being renovated and are expected to be completed by the end of the year, when the whole catering and leisure area will reach over 20% of the total business area." Wang Shuhui said.
In addition, about 2000 square meters of the first floor of the shopping mall are also being renovated. It will focus on the introduction of international cosmetics and international boutique brands. It is expected that the international brand cosmetics such as Lancome and Biotherm will be introduced at the end of the year. "Our shopping mall is now partially renovated on the first floor, but it will not affect the operation of other floors." Wang Shuhui said.
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Julius Baer Luxury Brands Fund, head of the Swiss luxury speculation fund, told Reuters in an interview that some brands had been saturated in the Asian market and produced an aesthetic fatigue. Julius Baer Luxury Brands Fund holds Gucci Gucci, Gucci brand competitor Louis Vuitton Louis Vuitton parent company LVMH Mo t t t Luxury Brands, MOET & CHANDON Hennessy LV group shares.
Since 2012, due to the slow recovery of the global economy, the slowdown in China's economy and the government's anti-corruption led to a sharp slowdown in the luxury market. Recently, the Ukraine, Middle East geopolitical crisis and Hongkong's "occupy the middle" movement have made the luxury market worse. Especially in the Asia Pacific market, some brands and clocks, famous wines and other products have been clouded and no improvement is expected.
Although the environment is the same, Gucci Gucci, Louis Vuitton Louis Weedon and Herm s s have different performances, among which Gucci Gucci is the worst performing Gucci, and sales are declining continuously. Louis Vuitton Louis Weedon is growing dynamically, showing an overall low single digit increase; Herm s s is the best performance, and the Asia Pacific region is still its leading market, contrary to the Asia Pacific decline of Gucci Gucci and Louis Weedon.
Analysts and investors have criticized Gucci Gucci for its lack of innovation capability, too many accessories, too much price and too fast price increases. Luca Solca, a leading industry analyst and Exane BNP Paribas, said Gucci Gucci should learn from Hedi Slimane to bring about changes and innovations in Saint Laurent.
At present, Saint Laurent is the flagship brand of Kering SA Open Cloud group and even the whole group's fastest growing brand. The controversial designer Hedi Slimane has joined the brand and has been leading double-digit growth. As of the 30 quarter of September 2014, the brand revenue increased by 27.6%, an increase of 27.5% over the basis, from 139 million 300 thousand euros a year earlier to 177 million 800 thousand euros. Bottega Veneta brand revenue increased by 10.4%, an increase of 10.8% over the basis, although there is still double-digit growth, but since joining the 1 billion euro club, the growth rate has also slowed sharply compared with the previous double digits.
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