SHANGHAI — Amid rumors of a slow start for Gap Inc. in the China market, Redmond Yeung, president of the retailer’s China operations, said all is going according to plan for the American brand as the company seeks to make its mark in the fast-growing country.
Sitting down with WWD in a boutique hotel neighboring Gap China’s Shanghai flagship on Nanjing Road — the city’s most famous shopping street — Yeung painted a picture of gung-ho expansion in the world’s biggest potential retail market. Since opening its first store 16 months ago, Gap has added 14 more in the Greater China area and intends to have 45 by the end of 2012.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)