H&M Vietnam has opened two new stores, in Ho Chi Minh City and Hanoi. The HCMC store is located inside District 7’s Crescent Mall, managed by Savills Vietnam, while the Hanoi store is situated in Vincom Nguyen Chi Thanh. Crescent Mall, comprising 45,000sqm of…
Korean fast-fashion brand H:Connect has expanded into Vietnam, opening two stores. H:Connect Vietnam’s first store opened two weeks ago in Hanoi. Now a second store has opened in Crescent Mall in Ho Chi Minh City’s District 7, taking up more than 450sqm. Both…
Shopper-engagement platform Sprooki will launch in Indonesia next month at the 125,000 sqm Supermal Karawaci retail precinct in western Jakarta. It will be integrated with the precinct’s touchpoints and mobile apps, allowing retailers to offer customers…
Parkson Vietnam has closed another of its stores as it continues to struggle to make its business profitable. The Malaysian department store operator has closed the 19,000 sqm District 7 outlet in Ho Chi Minh City, a multi-story department store beneath a…
A Cushman & Wakefield’s report shows that the retail rent in the second quarter fell by 5 percent compared with the same period last year. Meanwhile, the supply is forecast to soar to 1.5 million square meters by 2020, 200 percent higher than today. According…
UK-based department store retailer Marks & Spencer has opened a second store in Vietnam’s largest city, Ho Chi Minh. Marks & Spencer Vietnam plans to have 20 stores trading in the country by 2020, focused on selling womenswear and menswear. The new store is…