Finnish Retailer Marimekko to continue Asia expansion

on February 6 2014 | in Daily Headlines Trending | by | with No Comments

Finnish retailer Marimekko says it will continue to build on its strong position in Asia Pacific.

The company said the prospects for the economy and retail trade are good in Asia, and it sees growing demand in the region for its designer goods.

The plan for 2014 is to open at least six new Marimekko stores: two in Japan, two in Hong Kong, one in mainland China and one in South Korea.

In the past two years, new markets have been opened up in China, Hong Kong and Taiwan. In mainland China and Hong Kong, it plans 15 Marimekko stores by the end of 2016. The openings are proceeding according to plan: four stores are already trading and three more will follow this year.

In Taiwan, it will open five stores and shops-in-shops by the end of 2018. The first of these was opened in Taipei in November 2013.

With the exception of Australia, all Marimekko’s stores in Asia-Pacific are retailer-owned.

Read more at Inside Retail Asia

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