298
Fashion Jobs
L'OREAL GROUP
Assistant CRM Manager
Permanent · HONG KONG
L'OREAL GROUP
Key Account Manager
Permanent · HONG KONG
H&M
Total Rewards Manager, Supply Chain
Permanent · TSIM SHA TSUI
H&M
Accounts Specialist
Permanent · TSIM SHA TSUI
ESTÉE LAUDER COMPANIES
Assistant Demand Planning Manager
Permanent · HONG KONG
ESTÉE LAUDER - BRAND
Retail Marketing Manager, Estée Lauder
Permanent · HONG KONG
CLINIQUE
Assistant Education Manager, Clinique
Permanent · HONG KONG
CLINIQUE
Senior Marketing Manager, Clinique
Permanent · HONG KONG
TOMMY HILFIGER
Senior Manager, Creative Services, Tommy Hilfiger Asia Pacific
Permanent · HONG KONG
AESOP
Retail Consultant
Permanent · SHA TIN
NEWELL
Senior Manager, Indirect Sourcing
Permanent · HONG KONG
L'OREAL GROUP
Group Product Manager
Permanent · HONG KONG
ADIDAS
Senior Manager, Materials Availability Management
Permanent · HONG KONG
L'OREAL GROUP
Assistant Purchasing Manager (Marketing, Digital IT)
Permanent · HONG KONG
PUMA
Manager Innovation Technical Apparel
Permanent · HONG KONG
DR. MARTENS
Head of Financial Accounting, Apac
Permanent · TSIM SHA TSUI
TJX COMPANIES
Director of Sourcing, Apparel -Hong Kong
Permanent · HONG KONG
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Hysan Place
Permanent · CAUSEWAY BAY
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Yoho Mall
Permanent · HONG KONG
A & F
Abercrombie & Fitch - Brand Representative (Part-Time / Full-Time), Harbour City
Permanent · TSIM SHA TSUI
KERING EYEWEAR
Kering Eyewear Assistant Trade Marketing Manager Travel Retail
Permanent · HONG KONG
JAEGER
Training Manager
Permanent · HONG KONG
Published
Feb 24, 2017
Reading time
2 minutes
Download
Download the article
Print
Text size

Victoria's Secret opens first China flagship

Published
Feb 24, 2017

American lingerie brand Victoria's Secret has opened its first full store in mainland China, a four-story, 25,850-square-foot flagship in Shanghai, with another to follow this week.


The new Shanghai store - Victoria's Secret


The Ohio, Columbus-based brand opened the Shanghai store to the public on Thursday. Located in the city’s Huangpu district on Huaihai Road, the strip was once known as the ‘Fifth Avenue’ of Shanghai. The arrival of brands like Victoria Secret has city personnel hopeful the street will return to its former retail glory.

"The Victoria’s Secret store, together with some other new commercial projects to be launched this year, will reinvigorate the commerce environment of Huaihai Road and help it to restore its former glory,” Chen Yong, director of the Commission of Commerce for Huangpu district, told a media briefing last Friday.

Owned by L Brands, Victoria's Secret is ramping up its Asia expansion, eight months after first announcing it planned to officially open standalone stores in China. Accompanying this week's Shanghai flagship, a 12,294-square-foot store in Chengdu will open Friday, while a Beijing store is coming later this year.

“This is an enormous market for us,” L Brands International President Martin Walters told reporters on Thursday.

L Brands expects the three China stores to generate $150 million in annual sales, with China expected to equal or even surpass the U.S. in sales in the long term.

According to Euromonitor International, China's retail market for women's underwear has seen a compound annual growth rate of 9.7 percent from 2011 to 2016, reaching 139 billion yuan ($20.1 billion) in 2016.

Copyright © 2024 FashionNetwork.com All rights reserved.