Harrods to spread out in Shanghai?

August 22 [Wed], 2012, 12:07
After London's most well-known mall Harrods transformed hands from al-Fayed to al-Sayed a few days ago, new owner, Qatar Holding is thinking about a Chinese branch.

The organization behind the opportunities from the Qatari royal family bought the shop on May 8 for 1.5 billion (roughly 1.7 billion) after several weeks of settling between Qatar Holding's Boss, Ahmad al-Sayed, and former Harrods owner, Mohammed al-Fayed.

Now, based on the Financial Occasions, new projects are coming for that British house, together with a new luxury online shop and growing the home title brand beyond souvenirs.

The greatest and riskiest of these, however, continues to be problem of opening branches abroad. "A large problem would be to see whether the company is portable,"an insider source told the paper. "The usual understanding is it could be foolish to spread out in Paris, New You are able to or oakley oil rig fake Madrid because individuals you will find close enough to become attracted to London.

"There has been significant discussions about whether or not to open in Shanghai, but could it be sufficiently far and various from London to not cannibalize the company?Inch

Various luxury brands are presently pondering regarding how to expand to China without compromising the exclusive benefit of their properties. Someone fake oakley SUNGLASSES to watch is French luxe label Herms, which introduced recently it would open the very first store of their cheap oakleys recently established fake oakley frogskins brand Shang Xia -- "clothes fake Oakleys and add-ons according to Chinese styles and traditional know-how" -- in Shanghai in September. Stores in Paris and also the relaxation around the globe are required to follow along with. (AFP)

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