Ward said the region has been a rich long-term source of customers for Harrods, given the relationship between Britain and Hong Kong. China has become Harrods' biggest international spender, leading London's famous luxury department store to expand into the Chinese market. A £200m ($267m) investment is planned instore and online over the next three years, including increasing its payment options for Chinese customers with Weibo and WeChat. The company said it was also looking at expanding in other emerging markets such as India and Brazil. The move is being heralded as Harrods' most ambitious investment since it first opened its doors in 1834.
China has become Harrods' biggest international spender, leading London's famous luxury department store to expand into the Chinese market. A £200m ($267m) investment is planned instore and online over the next three years, including increasing its payment options for Chinese customers with Weibo and WeChat. The company said it was also looking at expanding in other emerging markets such as India and Brazil. The move is being heralded as Harrods' most ambitious investment since it first opened its doors in 1834.