MCM Archives - Inside Retail Asia
MCM Japan has launched its largest flagship yet in Tokyo.
The new MCM Beverly Hills store on Rodeo Drive marks the German luxury brand’s first global flagship outside Europe.
Japanese used-clothing market 2nd Street USA has set up shop in the US.
MCM Japan has offered made-to-order designs for the first time at a pop-up store in Tokyo.
On its first day, the Xuzhou Suning Plaza in Jiangsu province attracted more than 500,000 visitors who spent more than US$7 million.
MCM Thailand has opened a flagship store in Central Embassy, Bangkok.
German accessories brand MCM, owned and run by South Korean entrepreneur Sung-joo Kim, aims to more than double sales to $2 billion within five years.
French clothing company Lacoste Singapore is opening an outlet at Changi Airport.
Chinese travellers have emerged as one of the few bright spots for Korean department stores suffering from dull domestic consumption.
Taubman Asia, managing the Macau Studio City retail component, has named the tenants already signed up.
Tiffany & Co heads a list of major international brands confirmed as tenants of three Mall Group developments in the heart of Bangkok.
Mode Creation Munich (MCM) of Sungjoo Group is to close its department stores in South Korea citing poor performances as the reason. MCM has seen negative growth from its domestic department store business since last year, an indication of a softer consumer sentiment, reports Korea IT Times. Contrastingly, its duty-free business has been growing remarkably, boosted by foreign tourists, mainly by Chinese. It says the share of its duty-free business in total sales has exceeded the department…