Department store retailer Neiman Marcus has said it is looking to expand into the Chinese consumer market, initially looking to cater to Chinese residents who travel to the US.
Neiman Marcus Stores executive vice-president Neva Hall said that the company is tapping the expertise gained by its staff in gateway cities such as Honolulu, San Francisco, Las Vegas and New York.
Hall said Neiman Marcus eventually hopes to enter the market in China and has formed a China cultural committee, which has so far made three visits to the nation to study its options. However, the retailer has no immediate plans for entry.
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