Galeries Lafayette's first store in China will leave Xidan on May 27.
On May 14th, Galeries Lafayette, an international high - end department store brand, officially announced significant news: Its Beijing store will officially cease operations on May 27th.
Source: The company's official WeChat account
Currently, there is no public information regarding which party will take over the operation of the mall and what business formats will be introduced.
According to the announcement, after the closure of the store, members can still visit any store nationwide to continue enjoying membership benefits, including points and full VIP membership rights. The accumulated points in the member account will be retained according to the original validity period and can also be used normally at any store nationwide. If a member wants to cancel their card, they can contact the mall's customer service or call the customer service hotline to handle it.
Galeries Lafayette Beijing opened in October 2013. Located in the Xidan business district, it was jointly established by the French Galeries Lafayette Group and the Hong Kong, China - based I.T Group. The total area of the mall exceeds 47,000 square meters, and it once became a landmark high - end department store in Beijing. Few people know that as early as 1997, Galeries Lafayette opened its first store in the Chinese mainland in Wangfujing, Beijing. However, due to losses, it was forced to close after only one year.
Source: The company's official WeChat account
After operating the Xidan store in Beijing for six years, Galeries Lafayette first entered Shanghai in 2019 and then opened new stores in Shenzhen and Chongqing in 2023. However, the Chongqing store closed in March last year, just one and a half years after its opening. Currently, only the Shanghai Lujiazui Center store and the Shenzhen Shenye Upperhills store are still in normal operation in the Chinese mainland.
The French Galeries Lafayette Group was founded in 1893 and has approximately 65 stores in regions such as Europe, Asia, and the Middle East. Among them, the flagship store on the Champs - Élysées in Paris is the most representative. In 2025, the sales of this store exceeded 2 billion euros, contributing two - thirds of the group's total performance.
This article is from the WeChat official account “Future Habitat”. Author: Future Habitat. It is published by 36Kr with authorization.