David Jones has been operating successfully since 1838 (over 170 years) and the company are continuing to focus their strategy on the wealthy consumer. The luxury department store terminated one of their leases in QLD this week, to focus greater effort on a larger and more profitable store nearby. New CEO Paul Zahra is leading the way to ensure they maximise their profit and high value offer to clients. Zahra clearly plans to keep David Jones as the jewel of Australia’s retailing crown.
Across the globe in Hong Kong, luxury department store Lane Crawford is celebrating a successful 160 years of trade with several exclusive limited edition luxury brand offers. The key of their celebration revolves around heritage, and will see a select group of fashion influencers reinvent two symbols of well known heritage- the Burberry trench and the Ming Dynasty Chair. The real celebration will kick off on September 10th at Lane Crawford’s flagship store in the IFC Mall, Hong Kong.
Image credit: wwd.com
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