New World Department Store China Limited (NWM)

Overview

New World Department Store China Limited is a prominent investment holding company that specializes in the operation and ownership of department stores and shopping malls throughout the People's Republic of China. With a foundation date going back to 1993, the company has established a significant presence in China's retail market. It operates under the auspices of New World Development Company Limited as a subsidiary, with its headquarters located in the bustling district of Causeway Bay, Hong Kong. In addition to its primary operations, New World Department Store China Limited engages in diverse activities, including property investment and the provision of management and financing services, enriching its portfolio and offering in the Chinese market.

Products and Services

The company manages a vast network of department stores, supermarkets, and shopping malls, catering to a wide range of consumer needs and preferences. Here is a detailed look at its offerings:

• New World and Ba Li Chun Tian Department Stores: These flagship brand names represent the company's core business of department stores, offering a variety of products from fashion and beauty items to household goods and electronics, meeting the diverse needs of their customer base.
• Supermarkets: Positioned within its department stores or as standalone entities, these supermarkets provide quality grocery and food items, focusing on convenience and freshness to appeal to the daily needs of consumers.
• Shopping Malls: Through the operation of its shopping malls under the New World and Ba Li Chun Tian brands, it delivers an all-encompassing shopping and entertainment experience, featuring a wide range of retail shops, dining options, and leisure activities.
• Love • Original • Life (LOL) Concept Shops: Aimed at the modern and trend-conscious consumer, these concept shops offer unique products and brands that emphasize creativity, lifestyle, and innovation, making them distinctive spots for discovering new trends and ideas.

Besides its retail operations, New World Department Store China Limited provides significant property investment services, aiming to enhance the value of its real estate holdings. Furthermore, it offers management and financing services to businesses, augmenting its comprehensive suite of services and establishing its role as a multifaceted corporation in China’s retail and property sectors.