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.
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