Page 14 - RLI June 2019
P. 14

ASIA NEWS






            TAPESTRY PLANNING ON OPENING MORE                                                                                  BOCONCEPT IS CONTINUING TO
            THAN 100 MORE STORES IN ASIA                                                                                       EXPAND ACROSS ASIA REGION                                              KURT GEIGER PARTNERS UP
                                                                                                                                                                                                      Kurt Geiger’s partnership with Genesis Luxury
                                                                                                                                                                                                      is a long-term retail agreement for India. The
            Tapestry, the parent of Coach, Kate Spade and Stuart                                                               Furniture   and   homewares   retailer                                 agreement  gives  Genesis  Luxury  exclusive
            Weitzman, plans to open about 100 stores in Asia this                                                              BoConcept  has  opened  new  stores  in                                distribution  rights  to  Kurt  Geiger  in  the
            year, most of them in China.                                                                                       three  Asian  countries  in  recent  months                            country. The  first  Kurt  Geiger  store  in  Delhi
              The  company  is  focusing  its  growth  on  regions                                                             as it continues to expand its footprint in                             will  stock  the  brand’s  collection  of  footwear,
            where  it  believes  it  is  underrepresented,  namely                                                             the region.                                                            handbags and accessories.
            Greater China, Southeast Asia and Europe.                                                                            The  new  stores  are  in  Kyoto,  Japan,
              According to the company’s latest results filing, it                                                             Zhengzhou, China; and Ho Chi Minh City,
            plans to open between 60 and 70 new Kate Spade                                                                     Vietnam.  BoConcept  already  has  about                               PHILIPP PLEIN OPENS STORE
            stores this year and another 30 for Stuart Weitzman.                                                               300 stores in more than 65 countries and                               Philipp Plein, the Germand brand founded by the
              Coach’s  comparable-store  sales  rose  by  1  per                                                               is seeking to more than double its network                             homonymous designer inaugurated its first flagship
            cent during the third quarter, or by 2 per cent on a                                                               within the next few years.                                             store  in  Singapore  inside  the  Marina  Bay  Sands
            constant-currency basis, driven by strong international                                                              The  Kyoto  store,  which  opened  in                                Resort, a casino-resort named in 2010 as the most
            growth and increased online sales. Strong consumer                                                                 March,  is  the  brand’s  16th  store  in  Japan                       expensive in the world. The opening is part of a
            demand has fuelled sustained growth forthe business                                                                and its 71st in Asia. The Zhengzhou store,                             retail expansion strategy in the Asian market.
            in China during recent years and that trend continued                                                              in Henan Province, marks its 24th in China
            in the third quarter when sales growth outperformed                                                                and the Vietnamese stores its sixth in the
            that of other geographical markets.                                                                                market. Both opened a couple of months                                 UK BRAND LANDS IN VIETNAM
                                                                                                                               ago in April.                                                          Missguided  has  expanded  its  international
                                                                                                                                                                                                      footprint with the opening of its first store in
             WHITTARD OF CHELSEA                                  BURGER & LOBSTER                                                                                                                    Vietnam. Located in Ho Chi Minh City’s Saigon
             OPENS TAIWAN STORES                                  OPENS IN SINGAPORE                                           FUNAN MALL UNVEILS TREE OF LIFE                                        Centre,  the  new  opening  follows  a  recent
                                                                                                                               WITH RETAIL DISPLAY PODS                                               launch in Dubai Mall as part of a partnership
                                                                                                                                                                                                      with retail group Azadea.
             British  brand Whittard  of  Chelsea  has  opened  its  first  overseas   Burger & Lobster Singapore has opened its first outlet, at Jewel
             stores of 2019 in Taiwan – with plans to open three more within   Changi Airport.                                 Funan Mall, a new shopping mall in Singapore,   lighting strips which are activated by ceiling
             the year.                                              The 81-seat Jewel Changi store is the 16th Burger & Lobster’s   features a six-storey structure to showcase   motion  detector  cameras  that  light  up   REPLAY TO ADD FOUR STORES
              Purveyor  of  fine  teas,  coffees  and  cocoas Whittard  of  Chelsea   outlet  internationally.  Others  are  in  locations  including  New   brands, as well as an indoor cycling path.   whenever there is movement on the path -   Reliance  Brands  plans  to  open  four  stores  of
             has recently opened two new stores in Taiwan – in Breeze Nanshan   York, Bangkok, Dubai, Genting Highlands in Malaysia, London and   Dubbed  the Tree  of  Life,  the  25m  tall   theatre, cineplex, fitness centre, indoor rock   Italian denim brand Replay this year in the country
             department store and Taichung’s newly opened Mitsui Mall – as part   Kuwait City. The new eatery’s menu offers Original Lobster with   structure extends from basement two level   climbing, futsal facility, and cooking studio.  after having won distribution rights for the Indian
             of  its  international  expansion  strategy.  Mitsui  features  the  brand’s   live lobsters from Nova Scotia, Canada and Original Roll with   to the mall’s fourth floor. It houses 20 retail   “Consumers  of  today  don’t  just   market last year. The brand has opened its first
             very first Tea Bar in Asia. Many Taiwanese tourists and students have   tender lobster meat rolls. A bar operates from 9am until midnight   pods  for  brands  and  retailers  to  display   buy  products  or  services,  they  invest   store in the Delhi/NCR region and aims to open
             already discovered Whittard in the UK, which encouraged the brand   daily, offering a selection of cocktails, beer and wine.  their  products,  and  for  entrepreneurs   their  time  and  effort  in  understanding   another three outlets in Delhi and Mumbai.
             to prioritise the market in its expansion plans.       “Singapore  is  an  extremely  important  market  as  we  see   and  design  ateliers  to  conduct  classes    brands  and  supporting  relevant  causes,”
              Whittard combines 133 years of heritage with innovative giftable   Singaporeans in our outlets particularly in London, Bangkok and   and workshops.   said  Chris  Chong,  Managing  Director,
             products and an informal, welcoming environment. Customers can   Malaysia,” said Riccardo LaMonica, Burger & Lobster’s Regional   Created  with  250  tonnes  of  composite   Retail  at  CapitaLand  Singapore.  “Against   ASIA PARTNERSHIP EXPANDED
             enjoy freshly prepared teas and hot chocolates on site.  Head of Operations.                                      steel, the Tree of Life’s structure provides a   this  backdrop,  Funan  is  CapitaLand’s   WHSmith  has  expanded  its  Asian  franchise
                                                                                                                               clear  space  underneath  the  beam  without   interpretation of the mall as a platform for   partnership with Thai travel retail business King
                                                                                                                               any  supporting  columns  or  bracing.  This   meaningful and enriching exchanges beyond   Power  Group  to  include  Singapore.  Until  now,
                                                                                                                               allows visitors to see through the structure,   the  transactional.  Its  passion-led  retail   the franchise partnership deal only covered Hong
                                                                                                                               creating a sense of spaciousness.   model, as embodied in the Tree of Life, aims   Kong. The new deal means the retailer will analyse
                                                                                                                                 To keep consumers engaged throughout   to build interactive communities clustered   potential  opportunities  for  new  stores  in  train
                                                                                                                               the  day,  the  mall  also  features  an  indoor   around passion themes covering chic, craft,   stations, ferry terminals and commercial centres.
                                                                                                                               cycle path - a 200m track fitted with LED   fit, play, taste and tech.”


                                                                                                                                                                                                    SEPHORA TO OPEN
                                                                                                                                                                                                    NEW BOUTIQUE


                                                                                                                                                                                                     Launching at ifc mall later this year, the 4,200sq ft
                                                                                                                                                                                                     store will offer an elevated retail experience with
                                                                                                                                                                                                     over 40 exclusive brands.
                                                                                                                                                                                                      Digital innovation will play a large role in the
                                                                                                                                                                                                     new  Hong  Kong  storefront. Vending  machines
                                                                                                                                                                                                     created to support Sephora’s loyalty program, a
                                                                                                                                                                                                     BA app powered by member insights and digital
                                                                                                                                                                                                     skincare  consultations  will  be  available.  Online
                                                                                                                                                                                                     reservation opportunities will also be offered to
                                                                                                                                                                                                     customers.
                                                                                                                                                                                                      The new Sephora store will officially opens its
                                                                                                                                                                                                     doors in August.


        14 RETAIL & LEISURE INTERNATIONAL JUNE 2019                                                                                                                                              JUNE 2019 RETAIL & LEISURE INTERNATIONAL 15
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