Apple closes its first direct-operated store in China, Dalian Century City store to shut down

Apple closes its first direct store in China, the Apple Dalian Bai Nian Cheng store will close on August 9

Apple Inc. will close a retail store located in northeastern China in August, which is the first time the company has closed a retail store since opening its first retail store in China in 2008.

Apple said on Monday that it will close its store at Bai Nian Cheng in Dalian City on August 9. On social media, locals said the mall is in trouble and pointed out that other brands such as Michael Kors and Armani have also closed their stores there.

In 2024, Apple's revenue in China was 66.95 billion U.S. dollars, a decrease of nearly 10% compared to the peak of 74.2 billion U.S. dollars in 2022.

Original article: https://www.toutiao.com/article/1838991422734730/

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