Wenzhou Times Square Shopping Centre Co., Ltd., founded in December 2002 is a well-known large-scale department store in southern Zhejiang. The company that takes service and brand as the center, is dedicated to promoting fashionable culture, leads fashion trends, sets up a young and dynamic boutique department store image with fashionable taste and has been widely recognized and supported by consumers. The company has currently collected medium-high-grade famous goods of about 20,000 categories at home and abroad, including more than 300 international famous brands, such as LANCOME, ESTEE LAUDER, Dior, MONT BLANC, FERRAGAMO, VERSACE, HUGO BOSS, MISS SIXTY,TOMMY HILFIGER, Alexandre, CK Calvin Klein, CARAMELO, Armani Jeans, DIESEL, etc.
Headquarters of Times Square Shopping Centre, located in Times Square Podium Building at Station Road in Wenzhou City, covers over 20,000 square meters of business space and is planned and designed by foreign famous designers and has first-class shopping environment with advanced operating mode of modern department stores, so that it has become the highly representative large-scale shopping center integrated with shopping, leisure, entertainment, dining and sightseeing as a whole in Wenzhou City. Since the Wenzhou shop was founded, the average annual sales growth is more than 35 per cent, and the annual gross sales broke through 600 million in 2007 and the profits and taxes were more than 40 million.
Since 2007, the company relying on the mature operating system and comprehensively accumulated talents has developed with brand extension. In June 2007, the company invested more than 200 million yuan in acquisition of Yueqing World Trade Shopping Centre, which was restructured to Yueqing Times Square Shopping Centre. Yueqing shop with a total construction area of nearly 30,000 square meters was officially opened in October 2007 as the first super one-stop leisure and shopping center in Yueqing region, and the business performance has been up to five times compared with the same period before restructuring. In 2008, the company continues to enter RuiAn market and is preparing to build RuiAn Times Square Shopping Centre with a total construction area of nearly 20,000 square metres at Anyang new area in RuiAn Core Business Circle with all its strength, and it is expected that the Center will be officially opened in August.
The next five years will be an important period for the development of Wenzhou Times Square Shopping Centre, and the company will be guided under the plan “138” of the Board and give full play to the rich experience in management team to make continuous efforts to create the first-class chain department store enterprise in China.
Our invariable pursuit and mission are to live a fashionable life, advocate fashion aesthetics and let people get more pleasure experience.
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