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Article: GUY LAROCHE TO OPEN SPECIALTY STORES IN CHINA

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AsiaInfo Services
Article date:
September 14, 2004
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AsiaInfo Services
09-14-2004
Guy Laroche to Open Specialty Stores in China

CHINA, Sep 14, 2004 (SinoCast via COMTEX) -- Renowned French brand Guy Laroche plans to open 10 Guy Laroche specialty stores in big cities like Beijing and Shanghai next March, following the expansion of Giorgio Armani and Gucci in China.

Hong Kong-based YGM Trading Ltd. purchased French brand Guy Laroche with USD17 million this June, in hope of expanding the company's business in China's quality commodities market.

The company revealed that it planned to spend as much as USD40 million to open about 400 stores within the following three ...

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