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J.Crew to open 1st Asian store in Hong Kong

from Bloomberg

J.Crew Group Inc., the apparel retailer whose customers include U.S. first lady Michelle Obama, is planning its first Asian store in Hong Kong targeting tourists from mainland China that totaled 28 million last year. The retailer may open the Hong Kong store as early as next year and is also looking for sites in Beijing and Shanghai, Chief Executive Officer Mickey Drexler said in an interview in Hong Kong. more

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