Page 52 - Sep-Oct 2021

Warby Parker, Mall at Millenia, Orlando, US

the truly dynamic nature of the region, it is essential
that Giordano, as a truly customer centric brand, Maya Maya
be made accessible across all geographies and
cultures,” said Ishwar Chugani, Managing Director
of Giordano Middle East.
Specialty vitamin and nutritional products
retailer The Vitamin Shoppe is also set to expand
via franchising for the first time in its history as it
looks to pursue a new growth strategy. The retailer
announced earlier this year that, for the first time
in its 44-year history, it will partner with business
owners to operate franchise stores across the US,
the first of which will open this year and it comes
amid consumers’ increased interest in wellness
during the pandemic.
Another major US brand that is looking for
expansion is Foot Locker, who are accelerating their
expansion into Asia beyond malls and are moving
forward via two separate transactions. The company
has entered into a deal to acquire US-based athletic
footwear and apparel retailer Eurostar Inc., or
WSS, for $750M. The retailer operates 93 off-mall
stores in California, Texas, Arizona and Nevada.
In addition, Foot Locker will acquire Text Trading
Company, which owns and licenses the Atmos
brand, a digitally led, hot streetwear brand based in

The Vitamin Shoppe, Edgewater Japan, for $360M. The company has 49 stores, with
New Jersey, US 39 in its home country.
Ten years after opening the doors of its first
global retailer in London, British luxury supercar
manufacturer McLaren Automotive is set to
open its 100th Retail Showroom in China later
this year as global expansion continues. McLaren
Automotive’s first retailer opened in the summer of
2011 and allowed customers and fans to discover
the company’s first supercar, the 12C. In the
decade since, McLaren has continued to grow its
retail presence to over 40 territories worldwide
and has marked the decade with much-admired
supercars such as the benchmark-setting 720S
and the seminal 675LT – the first of the modern-
day McLaren Longtails – the McLaren P1TM which
was the world’s first hybrid hypercar as well as
the GT and ultra-exclusive Ultimate models, the
McLaren Senna, Speedtail and, more recently, the
Elva roadster.
Digital-first eyewear retailer Warby Parker is