Shanghai Tang
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| Type | Private |
|---|---|
| Industry | Fashion |
| Founded | Hong Kong (1994) |
| Founder(s) | David Tang |
| Headquarters | Hong Kong |
| Number of locations | 34 (2009) |
| Area served | Worldwide |
| Key people | David Tang (Founder) |
| Website | ShanghaiTang.com |
Shanghai Tang is an international clothing chain company, founded in 1994 by Hong Kong businessman David Tang Wing Cheung and now controlled by Richemont.
David Tang claimed that Shanghai Tang is a Chinese label that set out to rejuvenate Chinese fashion. The fundamental design concept is inspired by traditional Han Chinese clothing combined with the modernity and dynamism of the 21st century. The brand is noted for its use of very bright colours.
The original, and now flagship, Shanghai Tang store in Hong Kong's Pedder Building (in Central) provides the lead for 24 outlets worldwide, including Bangkok, Beijing, Dubai, Honolulu, Kuala Lumpur, London, Miami, New York, Las Vegas, Madrid, Paris, Frankfurt, Shanghai, Singapore and Macau[1]. They are often located in well-known areas such as Bangkok's Sukhumvit Road, and Shanghai's Xintiandi. Other Hong Kong locations include Pacific Place. New store openings are promised, though expansion has been less rapid than was planned in 2005.[1]
In 1998, Richemont acquired David Tang's controlling stake in the business.[1]
In late 2009 a Shanghai Tang Cafe opened in Shanghai's Xintiandi, a block away from its main Shanghai store.
The flagship store in in Hong Kong's Pedder Building closed in October 2011, with rising rents being cited as the main reason. A new flagship store is planned to open nearby in early 2012.[2][3]
[edit] References
- ^ a b Reena Jana (2005-12-01). "China Goes Luxury". BusinessWeek. http://www.businessweek.com/innovate/content/nov2005/id20051130_575911.htm. Retrieved 2009-01-16.
- ^ "Shanghai Tang flagship to close", 10/10/2011
- ^ "Shanghai Tang Flagship Store Closes and Reopens in Mongolian Gers", October 8, 2011
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