updated 12:25 am EST, Fri February 25, 2011
A second Hong Kong store delayed till 2012
As we reported last summer, Apple has aggressive plans for more stores in China this year -- and now the South China Morning Post is reporting that the first of two planned Hong Kong stores will open before the end of the year. The first store is described as a 15,000 square-foot store in the IFC Mall in Central, while the second store will be an even larger 20,000 square feet in Hysan Place in Causeway Bay, which is expected to open in the third quarter of 2012, according to the paper.
The two stores together are expected to cost Apple more than $40 million to build, but are just part of an overall plan to erect a total of 20 new stores in the country over the course of 2011. Currently, the company has a total of four stores open in China -- two in Shanghai, and two in Beijing. At least one of the new stores will be on Quianmen Street in Beijing, the site of Apple's proposed first Chinese store that ran into delays. Another store in Shanghai is also planned. There have also been rumors of a store coming to Tapei, Taiwan this year.
Apple opened its first Chinese store July of 2008, and now sees more than 40,000 visitors at each store per day, four times the average of US stores and putting the Chinese stores at the top of the list of highest sales per store. [via Bloomberg]