South Korea's Lotte plans to accelerate expansion in China

08/15/2010 |

Lotte, a South Korean department-store chain, plans to ramp up its expansion plans in China. Next year, Lotte will open its first single-ownership store in China in Tianjin. More than 120 brands, including Armani, Fendi and Coach, have said they plan to cooperate with the new Lotte site.

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