Mr DIY opens first flagship in Vietnam

(Source: Mr DIY Vietnam)

Mr DIY has launched its first flagship in Vietnam, after launching its first brick-and-mortar store last year. 

The store is located on the second floor of the Aeon Tan Phu shopping centre and offers a variety of products in areas such as hardware, domestic, electrical, furniture, car accessories, stationery, sports, accessories, jewellery, and cosmetics.  

Mr DIY started as a small hardware store on Jalan Tuanku Abdul Rahman in Kuala Lumpur, Malaysia, in July 2005. The brand has also expanded to include outlets in Malaysia, Singapore, Thailand, Brunei, Indonesia, the Philippines, Cambodia, India, Turkey, and Spain.

Mr DIY expects to expand to more than 2000 stores across Malaysia over the next four years, with 180 new locations set to open this year.

The retailer reported fourth-quarter revenue of RM1.1 billion (US$230 million), up 7.6 per cent year on year, boosted by a 16.8 per cent increase in new outlets. Net earnings (PAT) for the period rose 16.6 per cent to RM158.6 million.

You have 7 articles remaining. Unlock 15 free articles a month, it’s free.