London's iconic Harrods will open a private member club in Shanghai to meet the needs of high net worth people in China.

According to Bloomberg News on Tuesday (July 18), the new club is called "The Residence", which will open at the end of this year.

The club's fee starts from 150,000 yuan (S $ 27,646), and the members are limited to 250 people at first.

The club will cooperate with the Scottish high -end whiskey Edrington Group to provide members with treasures.The club will also provide various ritual services.

Chagang House has Harold Tea Room and Bar, which is open to the public.Gordon Ramsay, a famous British chef, will also set his first restaurant in Shanghai in this club.

Harold Department Store was founded in 1834 and is one of the world's largest luxury department stores.Harold Department Store entered China in 2020 and opened its first store in Shanghai.

Before the opening of the permanent member club this time, Harold Department Store opened the "The Residence" limited time flash club in Shanghai and Chengdu in 2019.

Michael Ward, managing director of Harold Department Store, said in 2017, "" Customers per consumption of 5 pounds (about S $ 8.65) in Harcel stores, and 1 pound from Chinese tourists from Chinese tourists"