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Gome Electrical has opened 117 stores in six months on its way to an 8.8 per cent increase in sales for the half year. Total sales revenue was RMB 31.69 billion and its consolidated gross profit margin was 17.7 per cent. The store network expansion program is…
Lao Feng Xiang, the Chinese jewellery brand few in the west have ever heard of, is planning to open 20 stores in Hong Kong. Lured by the prospect of cheaper rents in high profile locations as Hong Kong’s luxury sector enters a decline, Lao Feng Xiang sees the…
Korean dessert concept Churro 101 is to open its first store in Singapore on October 3. Churro 101 Singapore will debut at Bugis Plus on Victoria St, serving up churros – a fried-dough pastry snack popular in Spain, France, the Philippines, Portugal, and the…
Ski and sportswear brand Spyder has launched in South Korea with an all-new product line available in freestanding stores and shop-in-shops. An accelerated retail rollout is planned with 25 stores opening across the country by the end of 2015. “We are excited…
Japanese luxury fashion designer Issey Miyake has opened its first store in Hong Kong. The Issey Miyake Hong Kong boutique is located on level 1 of the Ocean Centre at Harbour City on Canton Rd in Tsim Sha Tsui. Womenswear, menswear accessories, shoes – and,…
Smiggle, the trendy, stationery retail concept from Australia, is to open stores in Hong Kong and Malaysia within 14 months. Smiggle – popular with students and people seeking gifts – has proven an enormous success in Singapore for its parent, Melbourne-based…
Burberry, Prada and Gucci head a list of international fashion brands progressively opening at The Promenade shopping centre in the Galaxy Macau. The Promenade is part of the stage 2 development of the integrated resort, which opened its doors on May 27. But…
Apple Inc. announced that by September end, it will open two new stores in Italy and China. The announcement was made on September 9, at its long-awaited annual event in San Francisco, where it also launched a range of its new products. According to the…
MANGO has opened its largest store in Singapore. The capital of Singapore is the location for the store which, with over 1,200m2 distributed on a single floor, becomes the company’s largest store in the region. The store, located in the busy Wisma Atria…
Australian childrenswear chain Seed Heritage has opened a new store in VivoCity. It is Seed heritage’s second store in the city state, following its debut in Parkway Parade. Last week’s opening was marked with a 20 per cent off storewide sale across its range…
The Gioi Di Dong, a Vietnam retailer known for its 450-strong chain of bright yellow phone retail stores says it will launch a new convenience store format in October. Dang Thanh Phong, a spokesman for the company which is also known as Mobile World…
Singapore-born sportswear brand RedWhite Apparel is expanding into two new Asian markets. RedWhite Apparel makes clothing for cyclists, high quality gear for those undertaking ultra-long distance rides. The company has announced the appointment of…
Krispy Kreme announced this week that it is set to open 10 shops in Myanmar over the next five years. Dan Beem, Krispy Kreme’s Senior Vice President and President – International, said with a growing economy and a population eager to welcome global brands,…
US-based global specialty retailer of contemporary women’s apparel and accessories – bebe stores, inc. has announced that it has signed a strategic cooperation agreement with Longgoal LLC, a leading Shanghai-based agency of international high-end brands. In a…
Israeli sandal maker and retailer Teva Naot is gaining a cult following in Japan. The footwear brand has just opened its fifth “high class boutique” in Japan, and plans even more stores as it wins the hearts and wallets of Japanese. The company already has…
French luxury furniture retailer Roche Bobois is to open its first store in Hong Kong. The store will be the company’s eighth in Greater China and comes soon after the brand’s debut in the southern Chinese city of Chongqing. The new showroom will open in…
