Oysho lingerie arrives in Indonesia
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Spanish lingerie brand Oysho, owned by Inditex, continues its international expansion with the opening of its first store in Indonesia.
In Jakarta’s centre, the 300 sqm shop is in Plaza Indonesia, a shopping centre that is also home to other Inditex brands such as Zara, as well as luxury labels including Burberry, Chanel, Hermes and Louis Vuitton.
Since launching in 2001, Oysho has expanded its presence to 44 countries with more than 600 stores. The brand specialises in lingerie, sleepwear, loungewear and footwear. It generated 229 million euros (about US$252 million) in the first quarter of this year, representing an 8 per cent increase year-on-year.
Questions & Answers
Q.Which company owns the Oysho lingerie brand?
Which company owns the Oysho lingerie brand?
Oysho is owned by Inditex, a Spanish company. The brand has expanded significantly since its launch in 2001, now operating in 44 countries with over 600 stores worldwide.
Q.Where is Oysho's first store in Indonesia located?
Where is Oysho's first store in Indonesia located?
The first Oysho store in Indonesia is situated in Plaza Indonesia, a shopping centre in Jakarta's city centre. Other Inditex brands like Zara also have a presence there.
Q.What product categories does Oysho specialise in?
What product categories does Oysho specialise in?
Oysho specialises in a range of products including lingerie, sleepwear, loungewear, and footwear. The brand continues to grow its international presence.
Q.What were Oysho's first quarter revenues this year?
What were Oysho's first quarter revenues this year?
Oysho generated 229 million euros, equivalent to approximately US$252 million, in the first quarter of this year. This represents an 8 per cent increase compared to the same period last year.
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