“Lady’s Street oc­cu­pies such prime real es­tate; it’s kind of a waste.”

Global Times – Metro Beijing - - TWO CENTS -

So said the shop­keeper of a dress store on Lady’s Street. The street will be shut down on Septem­ber 30 af­ter 16 years in op­er­a­tion. Lady’s Street was once a fash­ion land­mark in the em­bassy shop­ping district, pop­u­lar among lo­cal and in­ter­na­tional cus­tomers. How­ever, with the changes in the mar­ket­place over time, the street be­came in­creas­ingly in­con­sis­tent with the sur­round­ing con­sumer environment. Un­able to sur­vive in the cur­rent busi­ness climate, shops on the street are clos­ing down or liq­ui­dat­ing their goods. (Source: Beijing Busi­ness To­day)

Il­lus­tra­tions: Xia Qing/GT

Newspapers in English

Newspapers from China

© PressReader. All rights reserved.