CHINA. CNSC started 2021 as it left off in 2020 by opening another new store – this time in the central city of Chongqing.
Just two days after inaugurating its first offshore duty free store in Hainan province, the Sinopharm-controlled retailer yesterday celebrated the soft opening of a 1,400sq m downtown store in Chongqing, the largest municipality in southwest China.
The travel retailer offers a wide range of cosmetics, fragrances, fashion & accessories, handbags, watches, food & confectionery, children’s products and other categories.
The store enjoys a prime central business district location in Changjiahui Landmark Riverside Park, Chongqing’s first cultural tourism complex, which was opened in 2016. The lifestyle centre, sited between the Yangtze and Jialing rivers, serves as an integrated destination for leisure, entertainment, travel, and shopping.
The so-called ‘Chongqing Bund’ faces the magnificent Chongqing Grand Theater and overlooks Chaotianmen Square at the confluence of the two rivers.
The Sinopharm-owned travel retailer said the opening deepened the company’s presence in southwest China. Other recent projects in the region include stores at Chongqing Jiangbei and Guiyang Longdongbao airports. The ‘port + downtown’ synergistic effect of such multiple openings will be extended in southwest China to enhance the consumer shopping experience, CNSC pledged.
Hainan Island: Travel retail’s global hotspotThe Moodie Davitt Report will publish a Hainan Island Special Report with the China edition of The Magazine in February 2021. Written by Martin Moodie and Dermot Davitt, it will explore how the offshore duty free business in China has become critical to the world’s leading brands across many categories. 海南：旅游零售业的全球焦点 穆迪戴维特报告（Moodie Davitt Report）将于2021年2月随The Magazine的中文版发表《海南特别报道》。该篇由马丁·穆迪（Martin Moodie）和德莫特·戴维特（Dermot Davitt）撰写，将探讨中国的离岸免税业务是如何变得对跨类别的各大全球领先品牌至关重要。 报告将覆盖以下内容：
The report will feature:
Contact Irene@MoodieDavittReport.com to partner with The Moodie Davitt Report for this special edition. |
