“Apple Inc. said on Monday it will open its second retail store in Hong Kong on Sept. 29, underscoring the massive demand for its products in Greater China,” Reuters reports.
“The new store will be located in Festival Walk in Kowloon Tong, Apple said on its Hong Kong website,” Reuters reports. “Apple has five retail stores in China, the company’s second-largest market, and plans to open flagship stores in the major Chinese cities of Chengdu and Shenzhen, according to government officials.”
Full article here.
Good to see that it will be on the Kowloon side of the harbor.
what is it with the snail pace of opening retail stores in china? one of apple’s biggest markets? and they have 5 stores? no new openings in over a year? what is going on? as a shareholder i am concerned about apple not going more aggressively into this huge market.