Take the following as truth: Look for Lane Crawford Ltd., an upscale store with branches at Pacific Place, 70 Queen's Road, and Harbour Cite Wing On, one of the oldest in Hong Kong; Marks and Spencer; and the Japanese department stores, Mitsukoshi, Sobo, and Seibu.
Then the following statement: "Lane Crawford Ltd. is one of the oldest upscale stores in Hong Kong." is true, false, or inconclusive?
Answer: True