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fashion-features

Lane Crawford Unveils Faces

HONG KONG — Lane Crawford is officially launching today a cosmetics concept store, called Faces, adjacent to its Kowloon unit on Canton Road....

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Lane Crawford has been building its beauty business with 15 percent increases during the past four years. Industry sources estimate the new Faces store could generate nearly $10 million, or 70 million Hong Kong dollars,in retail sales the first year. Observers calculate Faces could do 50 to 60 percent of Lane Crawford’s sales.

The new store had a soft opening on Aug. 30 and executives are looking forward to Golden Week, the national holiday that runs Oct. 1-10.

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