{"id":4411,"date":"2026-04-09T18:20:16","date_gmt":"2026-04-09T18:20:16","guid":{"rendered":"https:\/\/www.europesays.com\/france\/4411\/"},"modified":"2026-04-09T18:20:16","modified_gmt":"2026-04-09T18:20:16","slug":"galeries-lafayette-reassesses-china-strategy-as-luxury-demand-weakens","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/france\/4411\/","title":{"rendered":"Galeries Lafayette Reassesses China Strategy as Luxury Demand Weakens"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody___5jDr\" data-component=\"paragraph\"><a href=\"https:\/\/www.bloomberg.com\/quote\/GL:FP\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">Galeries Lafayette<\/a>, the French department store chain, is reconsidering how it operates in China as the consumer downturn in the key luxury market drags on.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody___5jDr\" data-component=\"paragraph\">\u201cWe\u2019re having a lot of rethinking about the model and the types of partnerships we have,\u201d Alexandre Liot, deputy chief executive officer, told reporters Wednesday when the group revealed its strategic plan to 2030. \u201cEverything is on the table regarding the various options that are available for us,\u201d Liot said, indicating the company doesn\u2019t plan to leave China.<\/p>\n","protected":false},"excerpt":{"rendered":"Galeries Lafayette, the French department store chain, is reconsidering how it operates in China as the consumer downturn&hellip;\n","protected":false},"author":2,"featured_media":4412,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[3527,601,1165,3222,2033,5,747,4110,4109,30,4108],"class_list":{"0":"post-4411","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-paris","8":"tag-beijing","9":"tag-chief-executive-officer","10":"tag-china","11":"tag-coronavirus","12":"tag-e-commerce","13":"tag-france","14":"tag-india","15":"tag-industries","16":"tag-lvmh-moet-hennessy-louis-vui","17":"tag-paris","18":"tag-property-market"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts\/4411","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/comments?post=4411"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts\/4411\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/media\/4412"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/media?parent=4411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/categories?post=4411"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/tags?post=4411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}