Diesel partners with Jaspal Group to expand in Southeast Asia

(Source: CentralWorld)

Thailand’s fashion operator, Jaspal Group, has secured the rights to distribute and market the Italian fashion brand Diesel in Thailand and Vietnam, according to the Bangkok Post

Jaspal Group has opened Diesel’s first flagship store in Thailand inside Bangkok’s giant shopping mall CentralWorld, taking Diesel’s store count in the country to four. 

The new store was designed under the ‘Sunshine’ concept, featuring the brand’s signature red and white colour scheme. Located on the first floor of the mall, Diesel CentralWorld is home to the brand’s full range of ready-to-wear collections and accessories. 

Jaspal Group has also opened Vietnam’s first Diesel store inside the Takashimaya department store in Ho Chi Minh City. The company has a presence in three countries with 70 stores across different brands, including Lyn, Mango, Champion, CC Double O, and Superdry. 

LVMH-owned luxury fragrance house Maison Francis Kurkdjian has also opened a flagship store in Thailand at the luxury shopping complex IconSiam after five years of operation in the country in partnership with Prestige Products Thailand. 

The luxury fashion market in Vietnam and Thailand has experienced significant growth as demand for high-end products soars, especially now China’s border reopening has bolstered tourism there. 

Vietnam’s luxury fashion operator Imex Pacific Group Fashion, whose portfolio of brands includes Cartier and Christian Louboutin, has recently posted a record high turnover for last year with profit before tax increasing 11-fold. 

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