The French group has made it clear that it is not leaving the Chinese capital for good, as it now plans to focus on brands and products better aligned with the new expectations of Chinese consumers.

Le groupe français Galeries Lafayette ferme mercredi les portes de son magasin de Pékin, victime après 13 ans d’activité de nouvelles exigences des clients et du fléchissement du…

French luxury retailer Galeries Lafayette closed its flagship Beijing store on Wednesday after 13 years, underscoring weak consumer spending and changing shopping habits in China.…