Making millennials fashionable

As the middle class goes affluent, Irene Lau sharpens Lane Crawford's focus on luxury retail in China

Lane Crawford, one of the world's established department stores, is the latest among the brands and chains to be lured by China's growing young middle class.

Irene Lau, vice-president of Lane Crawford China, is betting big on the future of the luxury retail business in the country. She believes the millennials (those born in the 1980s and 1990s) will be the next strong driver of the 167-year-old company's growth.