In 2007 Kokaistudios was invited by the Richemont Group, the Swiss headquartered international luxury lifestyle goods group to design and renovate 2 historical villas in the heart of Huai Hai Lu, Shanghai. On the north side of the villa, there was a partially completed structure initially built in the 1990's . Kokaistudios has redesigned this building into the retail academy for Richemont group. This space has recently opened.