French luxury store shuts Beijing flagship after 13 years as China spending weakens

by | May 27, 2026 | news, Top News

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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. Shoppers snapped up final bargains as staff cleared unsold goods and dismantled displays at the six-floor department store before its indefinite closure.

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Written by Albert Pham, News Curator and Blogger

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