Free Subscription

  • Access 15 free news articles each month


Try one month for $5
  • Unlimited access to news,insights and opinions
  • Quarterly and weekly magazines
  • Independent research reports and forecasts
  • Quarterly webinars with industry experts
  • Q&A with retail leaders
  • Career advice
  • 10% discount on events

MCM Philippines opens first store, at SM Mall of Asia

The first MCM Philippines store has opened its doors, at the giant Mall of Asia complex in Metro Manila.

The Germany luxury leather accessories brand MCM Worldwide  store is located inside the Luxe Duty Free precinct in the mall.

The MCM Philippines boutique offers leather handbags, luggage and accessories and the store opens featuring the Spring/Summer 2020 collection.

Vicente Pelagio Angala , COO, Duty Free Philippines Corp (DFPC) said the opening of MCM complements the DFPC’s aim to always be the first Philippine retail brand to bring new luxury labels to the market.

MCM Worldwide is a leather luxury goods brand founded by Michael Cromer in 1976. The brand’s signature logo-printed material, called Cognac Visetos is being showcased on some of the products. It has a brass plate insignia that can be found on all the heritage collection bags and most of its products.

In 2005, the company was acquired by Sungjoo Group, a South Korean retail business founded by Kim Sung-joo.

Kim re-launched the brand in 2006 with a new store in Berlin and currently has 650 stores worldwide including in Hong Kong, New York, Toronto, Paris, London, Singapore, Tokyo, China and the Middle East.

You have 7 free articles.