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French department store joins Hainan expo for second outing

Updated: Aug 9, 2022 chinadaily.com.cn Print
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French department store Galeries Lafayette is taking part in the second China International Consumer Products Expo in Haikou, Hainan province, between July 26 and 30. [Photo provided to chinadaily.com.cn]

French leading department store player Galeries Lafayette is taking part in the second China International Consumer Products Expo in Haikou, Hainan province, between July 26 and 30, as the retailer aims to have 10 stores in China by 2025.

Galeries Lafayette is attending this trade show, an essential gateway to facilitate access to the local market in Hainan, as a way of reinforcing the bonds between Galeries Lafayette and its economic and trade partners in the country. The retailer has a network of 65 stores in France and other parts of the world.

Within the French Pavilion in the Fashion Life area, Galeries Lafayette is presenting a singular space that mirrors French art de vivre (art of living well), showcasing its fashion and lifestyle experience and transporting visitors to the spot under the legendary Dome at its flagship on Boulevard Haussmann in Paris, the company said.

French department store Galeries Lafayette is taking part in the second China International Consumer Products Expo in Haikou, Hainan province, between July 26 and 30. [Photo provided to chinadaily.com.cn]

Its participation in a second show in Hainan has confirmed the retailer's development aims in this top-priority market for the company.

After the inauguration of two flagship stores in Beijing in 2013 and Shanghai in 2019, an agreement was signed last December to open three new stores in Shenzhen, Guangdong province, Chongqing municipality and Macao.

Philippe Pedone, head of International Development at Galeries Lafayette, said, "After the success of the first event, we are happy to be back at the China International Consumer Products Expo for the second year running, illustrating our development aims in this market.

"The free-trade port set up by Hainan in 2021 puts this event at the center of a region brimming with potential, and this is a fantastic opportunity to start new conversations and strengthen our ties with the business players here," Pedone added.

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