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  • Muji heads to India

    Muji heads to India

    Japanese minimalist retailer Muji will open its first shops in India by the center of subsequent yr.

    Muji has sealed a cope with Reliance Industries to create an Indian operation, turning into Reliance’s 19th worldwide retail model.

    Muji’s information comes as fellow Japanese retailer Uniqlo is in discussions with potential companions to enter India.

    Famend for its unbranded, minimalist designs, Muji shops inventory items starting from attire and homewares to stationery, cosmetics and meals. About half its gross sales at the moment are furnishings and homewares.

    In some markets it operates cafes, however present laws prohibit in-store cafes in India.

    Reliance says the primary Muji shops will open in Delhi and Mumbai with footprints starting from 6000 sqft to 10,000 sqft.

    “Muji is simplicity – however simplicity achieved via a complexity of thought and design,” stated Reliance CEO and president Darshan Mehta in a press release.

    “Their merchandise are extraordinarily high-quality and have been designed to cater to the life-style of city dwellers. We’ve nice confidence that the Indian shopper will embrace the model.”

    “Worldwide enlargement is of utmost precedence for us and India is our subsequent massive Asian market with immense progress potential,” Satoru Matsuzaki, president and consultant director of Muji mum or dad Ryohin Keikaku, in an e mail interview with the Occasions of India.

    “We consider there’s a vital pool of cosmopolitan shoppers [in India] who’ve their very own sense of favor and who place product above model logos.”

    Reliance Manufacturers already companions with Diesel, Brooks Brothers, Steve Madden and Kenneth Cole, amongst others.

  • Shinsegae opens big mall

    Shinsegae opens big mall

    Korea’s Shinsegae Group is about to open an enormous purchasing centre northwest of Seoul which it hopes will take the battle to Ikea for homewares buying.

    Shinsegae, one of many nation’s largest division retailer operators, will open E-Mart City on June 18, on a website adjoining to the Kintex conference centre in Ilsan, within the Gyeonggi province.

    The corporate is banking on Seoul residents heading out to the centre for a day’s buying, eating and leisure – a serious drawcard being carparking, which shoppers should queue for in downtown locations.

    E-Mart City, stated to be the dimensions of about 10 soccer fields, will inventory furnishings, house home equipment, homewares, groceries and meals. It can function an E-Mart grocery store and a wholesale warehouse.

    Shinsegae believes three branded retail areas will create some extent of distinction from its rivals: an upmarket foodcourt referred to as Peacock Kitchen that includes 14 meals manufacturers and seating for 300 individuals; residence furnishing retailer The Life providing some 5000 merchandise; and multi-brand equipment retailer Electro Mart.

    “We’ve got put all our assets into the mall as a way to set a brand new development in retail enterprise,” stated Shinsegae vice chairman Chung Yong-jin in a press release.

    “The E-Mart City is a cluster of trend-setting shops and good eating places. Individuals will be capable of have a high-quality one-stop purchasing expertise within the city.”

    Ilan is about to be a battlefield for main retailers, with Ikea planning to open its second Korea retailer there in 2017, and Shinsegae’s rivals Lotte, Tesco Residence Plus, Lotte Massive Market, Costco and Hyundai Division Retailer all inside a brief drive.

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  • Kase targets journey retail sector

    Kase targets journey retail sector

    Cell phone case idea Kase is about to broaden its journey retail presence after the early success of its first airport retailer within the Philippines.

    Kase opened a retailer in Manila’s Ninoy Aquino Worldwide Airport in February in partnership with Regent Distributors. It contains a broad vary of instances for smartphones and tablets – a excessive margin retail enterprise which has already confirmed widespread in non-travel places in 150 markets together with Singapore, Hong Kong, India, the US, Germany and France.

    The corporate says its first airport retailer, simply 33sqm, is attaining gross sales at ranges “completely past all expectations”.

    A key level of distinction making Kase so common is the customisation out there in-store. Buyers can take their telephones in, and utilizing an iPad select from hundreds of various designs and modify them to go well with their private preferences earlier than having the case printed inside eight minutes in-store. They will even present their very own designs – uploadable by way of the shop’s WiFi.

    Kase believes the idea is right for journey retail, requiring area as small as 15 sqm in a shop-in-shop, 22 sqm for a pop up store or between 30 sqm and 60 sqm for a standalone boutique.

    Says Kase cofounder Steve Rosenblum: “The Kase gives travel-retail an incredible alternative to capitalise on a market in fixed enlargement. It’s estimated that in 2016 1 billion smartphones and 400 million tablets can be bought – double the variety of 2012. As well as, the marketplace for equipment is rising equally quickly, up 80 per cent in 2012 and anticipated to point out 120 per cent progress subsequent yr, representing an enormous US$50 billion. More and more, covers for these things are being thought-about a style accent in their very own proper.”

    Rosenblum says Kase has signed up a grasp franchisee in Indonesia and others in South Africa, Center East and Europe.

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  • Marimekko Singapore opens first retailer

    Marimekko Singapore opens first retailer

    Marimekko Singapore has opened its first retailer – within the Capitol Piazza buying centre.

    The Finnish model says this and the brand new Thailand retailer which opened in Bangkok in April, reveal its persevering with give attention to Asian enlargement.

    The corporate says it should open extra retailer-owned shops in Singapore and the remainder of Southeast Asia over the subsequent few years.

    “In our enlargement, we have now targeted at the start on areas with excessive progress potential,” says Päivi Lonka, CSO.

    “The Asia-Pacific area is our second-largest market space, and we have already got a reasonably robust foothold in East Asia. Thus, increasing into Southeast Asia felt like a pure transfer.

    “Singapore is a contemporary metropolis and really engaging to us, as it’s thought-about one of many area’s prime enterprise hubs and buying locations.”

    In April, Thailand’s first Marimekko retailer opened in Bangkok.

    “The town is in an fascinating stage of improvement from the retail viewpoint. It’s turning into an more and more essential worldwide metropolis, the place numerous high-class malls have been opened just lately,” stated Lonka.

    Marimekko merchandise are bought in 140 shops in about 40 nations and final yr, model gross sales totalled euro 187 million, with firm shops accounting for euro 94 million of that.

  • Brazilian On-line Consumers Are Enamored with AliExpress

    Brazilian On-line Consumers Are Enamored with AliExpress

    Enterprise is booming in Brazil for Alibaba’s AliExpress.

    Regardless of the language barrier, lengthy delivery occasions, and cost inconveniences, increasingly Brazilians have been drawn to AliExpress because of the excessive value of many gadgets in Brazil. Even with import duties, which is greater than 60 %, many merchandise, together with garments and baggage, are cheaper on AliExpress by as much as two-thirds, in response to China Day by day.

    “AliExpress is now my favourite abroad buying web site as a result of it presents higher costs and extra choices,” stated Amanda Bernardo, who boasts over a million views on her on-line buying movies, through which she lately featured gadgets purchased from AliExpress.

    Bruno Calheiros, an exhibition designer who makes a middle-class revenue of $2,540 per thirty days, prefers to buy on-line over going to modern malls.

    “I used to purchase garments, home equipment and health gear from Ebay and Amazon, however extra so from AliExpress since I attempted it. I simply like it,” stated Calheiros. He added that he has beneficial AliExpress to lots of his acquaintances.

    On final yr’s Singles Day sale on November 11th, Brazilian spending on Alibaba’s web sites was second solely to that of the Russians.

    Current findings from analysis agency E-Bit revealed that middle-class Brazilians accounted for 62 % of internet buyers from the nation in 2014. Final yr, Brazilian internet buyers totaled 51.5 million individuals, together with 10.2 million individuals who shopped on-line for the primary time. The variety of on-line orders is predicted to rise 19 % to 123 million orders in 2015.

    Spending by Brazilian internet buyers rose 24 % final yr to $11.three billion, and analysis agency eMarketer predicts that it might attain $26.17 billion in 2018.

    In quantity, Chinese language companies accounted for 55 % of all Brazilian on-line purchasing for a complete of $2.1 billion final yr, in accordance with E-Bit.

  • H&M opens 1st retailer in Macao

    H&M opens 1st retailer in Macao

    Common excessive road trend model H&M opened its first retailer in Macao at Shoppes at Venetian on Saturday, including to the mall’s present providing of over 350 worldwide manufacturers.

    Overlaying an space of 19,000 sq. ft, the retail area is unfold over two flooring. It presents seasonal trend and newest developments for each women and men. The style model additionally launched H&M’s Summer time 2015 assortment on the identical day.

    The brand new retailer hosted a gap ceremony on Saturday attended by senior representatives of Sands Retail – the operator of Shoppes at Venetian – and H&M, in addition to worldwide type icon and Las Vegas Sands Corp. enterprise associate David Beckham.

    “The primary H&M in Macao will function a magnet for top road trend lovers from across the area,” stated David Sylvester, Government Vice President of International Retail, Las Vegas Sands Corp. “Shoppes at Venetian’s dynamic retail combine turned even richer at present, and reinforces Sands Retail’s place because the operator of a few of Asia’s most sought-after buying locations among the many area’s many fashionistas. Shoppes at Venetian is an iconic shopping center that pulls over 75,000 individuals per day, and I am assured that it’ll show to be a terrific platform for H&M.”

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  • Style and residential ornament retailer Uber Tunique launches forth store in HK

    Style and residential ornament retailer Uber Tunique launches forth store in HK

    Hong Kong equipment jewelry and residential ornament retailer Uber Tunique on Wednesday opened its fourth store in Causeway Bay. The Causeway Bay retailer will introduce the 2015 Summer time Assortment of a brand new French trend model Chloe Stora.

    Based by Paris-raised jewelry designer Amandine de Mascarel, Uber Tunique sells trend and homeware gadgets sourced from type capitals all over the world.

    With knowledgeable background that has included expertise with international model icons comparable to Louis Vuitton and L’Oreal in Paris, Amandine has expanded her idea of reasonably priced luxurious past jewelry to incorporate house merchandise, décor, fragrances and textiles, permitting clients to create one-off costume jewelry items, in addition to cater the house surroundings to their very own particular person type.

    Final yr, Uber Tunique opened three shops in Hong Kong at Central, Wanchai, and Repulse Bay.

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  • H&M to open first retailer in India this fall

    H&M to open first retailer in India this fall

    Swedish multinational retail clothes firm H&M, which is understood for providing style and high quality at the perfect worth in a sustainable approach, is all set to deliver its product vary to India by means of a flagship retailer within the capital.

    “This Fall, trend could have a model new tackle in India: From a world-class purchasing vacation spot to sustainable and high quality trend choices at one of the best worth, we’re excited to current the entire H&M expertise to our Indian clients,” Janne Einola, nation supervisor – India, H&M Hennes & Mauritz Retail Pvt. Ltd., stated in a press release.

    The 25,000 sq. ft. H&M retailer might be situated d within the Choose Citywalk mall in south Delhi’s Saket space.

    Providing style for ladies, males, youngsters and youngsters, the shop will current a wide array of newest developments, timeless classics and inspirations for patrons to create their private fashion.

    The H&M Group has over three,600 shops in 58 markets worldwide and sees the potential to open 50 shops in India over the subsequent few years.

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  • France’s Groupe SMCP finds favour in China

    France’s Groupe SMCP finds favour in China

    Parisian fashion label Groupe SMCP says its ‘affordable luxury’ positioning is luring growing numbers of Chinese shoppers.

    SMCP is 70 per cent owned by private equity group KKR (one of the companies linked to a bid for Tesco’s US$6 billion Korean operations).

    In an interview with Bloomberg, SMCP CEO Daniel Lalonde said the company is witnessing “an incredible demand” for its products in Hong Kong, and he suspects the reason is the brand’s ‘affordable luxury’ positioning.

    “Chinese consumers love the brands – they like the fit,” he said.

    In Greater China – including the mainland – Groupe SMCP’s same store sales rose in the high double digits in 2014, over 2013. The growth rate is showing little sign of slowing in the first months of this year.

    Chinese shoppers now account for about 10 per cent of Groupe SMCP’s global sales. An increasing number of Chinese travellers are shopping in the company’s European stores, Lalonde told Bloomberg.

    Besides its own label, the retailer sells Claudie Pierlot, Maje and Sandro brands, all targeting “modern and elegant women”.

    Groupe SMCP currently has eight stores trading in Hong Kong and plans to open as many as five more this year. It also plans more stores in Macau.

    While Hong Kong’s retail sales have fallen by more than two per cent so far this year, largely due to the bottom falling out of the luxury watch and expensive jewellery markets, Lalonde told Bloomberg his stores have not noticed any downturn.

    “This is what I read and what I’m told – we haven’t been able to see that at all. We’ve seen very strong sales in all our stores that have been here more than two and a half years.”

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  • Mi Hong Kong opens doorways

    Mi Hong Kong opens doorways

    Chinese language smartphone maker Xiaomi has opened its first retail retailer outdoors the Mainland.

    The Mi Hong Kong retailer – dubbed Mi Residence – is a 270 sqm area inside Hollywood Plaza at 610 Nathan Rd in Mongkok.

    We are saying ‘area’ as a result of the shop was created as someplace “identical to residence” – someplace Mi house owners, or potential house owners, would really feel at house.

    As the pictures launched by Xiaomi present it’s a lot like an Apple retailer, however with out the huge product vary. As an alternative there are brightly colored sofas and cushions and big flat display TVs.

    Hugo Barra, the previous Google government who’s now VP of Xiaomi International, promised final month Xiaomi would create “a service and retailer expertise that feels identical to house, we would like a spot that feels so snug you’re simply completely happy to return and hang around”.

    In addition to permitting clients to check out the handsets and examine fashions, the shop has a service assure: clients can deliver a telephone in to be fastened and wait not than 19 minutes earlier than with the ability to take it away.

    Xiaomi was launched in China in 2011 but has already turn out to be the world’s third largest smartphone model – and the most important within the mainland. Final yr it bought 60 million handsets, virtually all of them in Mainland China. Founder and CEO Lei Jun, China’s 23rd richest man, is now increasing the model into different shopper electronics strains.

    And the corporate has begun what guarantees to be a relentless march overseas. In addition to opening its flagship in Mongkok – virtually definitely a check earlier than the idea is rolled out elsewhere – it has began promoting equipment like headphones on-line within the US and Europe.

    Thus far it isn’t promoting handsets in both market, however Mi telephones are discovering their approach into different markets by way of distributors and gray imports.

    Xiaomi launched its new Mi 4i handset in Hong Kong on Might 12 at HK$1599 – a handset with a 5.5 inch display and 15 megapixel ahead digital camera, operating Android. On the equal of US$206, it’s a potential class killer as soon as shoppers develop to belief the Mi model. An Apple iPhone 6 begins at $5588 (US$720). It’s Xiaomi’s first telephone developed for the worldwide market.

    Xiaomi has a small community of 19 retail shops in Mainland China, dubbed Mi Houses and 541 service centres operated by companions in eight markets.

    So far most of its handsets are bought on-line and thru a small group of retail companions in Hong Kong and India.

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  • Hamleys toy store to open in Vietnam

    Hamleys toy store to open in Vietnam

    Hamleys, the world well-known British toy store, is to open its first retailer in Vietnam.

    An 800 sqm retailer will open over two ranges of the newly constructed SC VivoCity shopping center in Ho Chi Minh Metropolis’s District 7, a well-liked enclave for expatriates and well-heeled Vietnamese. Will probably be Vietnam’s largest toy retailer and Hamley’s 56th retailer globally, marking its 18th worldwide market.

    For 255 years Hamleys of London has been tagged ‘The Best Toy Store within the World’ bringing experiences and pleasure to youngsters of all ages. The corporate was based by William Hamley, who dreamed of making ‘the most effective toy store on the earth’ when opening the doorways to his retailer in Holborn, London in 1760.

    The Hamleys toy store Vietnam will embrace hundreds of high quality permitted toys and all Hamleys iconic options together with, alternatives for youngsters to play, partaking retailer design, skilled service and toy demonstrations.

    Hamleys’ franchise companion in Vietnam is Maison JSC, owned by Richard Trinh and Mai Son Pham. Maison distributes and sells worldwide manufacturers by way of 60 shops, from worldwide designer labels akin to Christian Louboutin, to extremely recognisable excessive road manufacturers like Topshop/Topman, Mango, Karen Millen, Coast, Bebe, Warehouse, Oasis, Charles & Keith, Pedro, 
Decorate, Monsoon Youngsters, Havaianas and NYS Sun shades. It additionally plans to convey CH by Carolina Herrera, Miss Selfridge, Dorothy Perkins, Max Mara, Max & Co and Santoni, amongst others, to Vietnam’s quick rising retail market.

    Maison chairman Richard Trinh stated he had been working a very long time to open Hamleys in Vietnam.

    “That is going to be probably the most spectacular toy store in Vietnam and on a regular basis will convey lasting reminiscences to youngsters and households by means of enjoyable and interesting experiences.”

    Hamleys Vietnam has already created a Fb web page to assist construct pleasure out there previous to the shop’s opening.

  • Laduree to open in Philippines

    Laduree to open in Philippines

    French patisserie Laduree has confirmed its entry into the Philippines.

    The Parisian retailer – well-known for its macarons, will open in Rockwell at Makati Metropolis in larger Manila on July 19.

    The model is being delivered to the Philippines by franchisee H&F Retail Ideas, whose MD Mark Gonzalez says the shop will promote macarons flown into the nation from Paris.

    The primary Laduree retailer will take up simply 55 sqm of retail area. It is going to be adopted by a Laduree salon de the tea salon and patisserie in one other Manila location subsequent yr.

    Based in 1862, Laduree pioneered the macaron which has in recent times turn out to be a cult meals merchandise, superseding the cupcake craze.

    H&F’s owns the Philippines franchises for retail manufacturers together with Balenciaga, Fred Perry, Pylones and operates multi-brand boutiques buying and selling underneath the the Univers and homme et femme banners.

  • King Child China opens second retailer

    King Child China opens second retailer

    Jeweller King Child has opened its second retailer in China, exporting ‘handmade within the USA’ merchandise to China.

    The brand new King Child China retailer, on the Village at Sanlitun in Beijing, is its second within the Chinese language Capital and was opened in partnership with The Retail Group, owned by Cy Ching.

    The Village at Sanlitun is an open-air 19-building purchasing complicated, totally different from the traditional enclosed air-conditioned business developments throughout Asia. With courtyards influenced by the Beijing of yesteryear, in addition to trendy items and designs by modern artists, the vibe attracts trendy Beijingers in addition to vacationers all over the world.

    King Child is situated proper subsequent door to Apple, guaranteeing excessive foot visitors previous the brand new area.

    “King Child believes in reworking the anticipated into one thing new, bringing distinctive particulars to artisan merchandise,” says founder Mitchell Binder.

    “We consider that high quality, custom, and ‘Made within the USA’ are value their weight in gold.”

    Binder describes Cy Ching as one of many few worldwide retailers that understands the significance of constructing a life-style model.

    “This partnership has opened quite a few avenues for us for to develop as an organization in lots of classes. There’s a want out there for ‘Made within the USA’ merchandise that mirror a life-style and may ship longevity within the worldwide retail market,” says Binder.

    The gathering captures the spirit of Americana with rock n’ roll intercourse attraction and consists of sterling silver pendants, beaded bracelets, earrings, and equipment detailed with fossilised mammoth ivory, regionally mined jet and turquoise.

    “This collaboration brings an genuine USA way of life model to the Chinese language shopper and new tendencies to the Chinese language jewellery market,” says The Retail Group .

    Los Angeles-based King Child designs, markets and sells premium artisan jewelry. The gathering consists of males’s and ladies’s sterling silver and gold pendants, bracelets, earrings, and equipment. The corporate has retail shops in Santa Monica, Nashville and Las Vegas and distributes merchandise to upmarket malls and boutiques, together with, Saks Fifth Avenue, Harvey Nichols, and Kitson.

    Outdoors the US, merchandise are bought instantly and thru distributors to raised department shops and boutiques in China, Japan, Canada, Germany, the UK France, Russia, Switzerland and Austria.

    The Retail Group has seven workplaces in China overseeing G Star Uncooked, with 200 retail shops, 60 self-operated shops in seven main cities, inlcuding a flagship at 344 Huai Huai Rd in Shanghai, in Occasions Sq. Hong Kong and at The Venetian Macau.

  • Ambitious plan for Playboy China

    Ambitious plan for Playboy China

    Playboy is using its massive brand awareness in China to drive an expansion of its apparel range and enter new retail categories.

    US-based Playboy Enterprises has signed a new 10 year licensing agreement with Handong United to manufacture and distribute an expanded assortment of men’s and women’s fashion apparel, including casual fashion apparel, formal and casual footwear, and accessories, such as belts, bags, backpacks, wallets, and travel luggage. Leveraging Handong’s broad distribution network, Playboy is expected to further expand beyond its current reach from 3100 retail touchpoints in China’s mainland to 3500.

    Playboy China boasts a 97 per cent brand awareness among Chinese consumers according to research house Penn Schoen Berland.

    “We’re proud of the fact that the Playboy brand has achieved household status as the one of the most recognised and popular brands in the world’s leading retail market,” said Scott Flanders, CEO, Playboy Enterprises.

    “To achieve this leadership position without ever having a media entity in China is a testament to the tremendous power of our brand. China is one of our most important markets and we’re committed to working with the highest calibre of partners to develop premium quality products to connect our brand to the future generation of Chinese consumers.”

    Playboy has been building its business in China for 20 years – without any of the printed or digital products it may be best known for in its US home market. In China it is purely an apparel brand and has licensing deals for other products.

    Playboy China generated US$5 billion in retail revenue over the last decade and last year achieved $1.5 billion in retail sales worldwide, more than one-third of that in China. The company wants to achieve revenues of $10 billion during the course of its new partnership with Handong United.

    The brand continues to generate momentum through its portfolio of long time partners in apparel, footwear, luggage and accessories, who actively market the brand through its Physical and VIP sub-brands, which have 1000 and 180 points-of-sales respectively.

    “Playboy has demonstrated success in building a loyal consumer base by introducing a variety of modern apparel and accessories with a renewed focus on attracting a younger male and female consumer base,” said Matt Nordby, president, global licensing and chief revenue officer with Playboy Enterprises.

    “We’re enhancing our licensing portfolio with long-term, brand-enhancing partners, and Handong United is a partner that can deliver a premium and superior product quality. We look forward to teaming with Handong to design and create new products to further grow our China presence and reach the younger fashion-conscious Chinese consumer.”

    Xiaojian Hong, executive officer of Handong United described Playboy as “one of the most famous and treasured brands in China” and a “must-have fashion choice” for men and women across the Mainland.

    Elsewhere in Asia and beyond, Playboy has been expanding its existing audience base and attracting a new generation of consumers by revamping and refining its licensing portfolio, partnering with Lane Crawford in Hong Kong, Beijing and Shanghai, Isetan in Tokyo and Marc Jacobs globally.

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  • Bulgogi Brothers Bangkok debuts

    Bulgogi Brothers Bangkok debuts

    South Korean QSR chain Bulgogi Brothers has added Thailand to its growing Southeast Asian footprint, with its first store opened in the EmQuartier mall in central Bangkok.

    The barbecue restaurant chain has 42 restaurants worldwide – including seven in the Philippines, five in China, three in Malaysia and others in Indonesia and Myanmar. The company will open its first outlet in Tokyo in October and in Taiwan’s capital, Taipei, in December. It also plans an Indian debut this year and is targeting 100 worldwide within five years.

    The Thai franchise rights are held by Ausanee Mahagitsiri Leonio, the daughter of Prayuth Mahagitsiri, described by Thai media as “the Nescafe coffee tycoon”. She also owns the Thai Krispy Kreme franchise.

    The chairman and CEO of Bulgogi Brothers’ parent company Et & Zeus is Intae Jung, who says his brand is making the most of the popularity of K-pop music, Korean TV series and fashion reputation.

    “Korean food has become a fad in Asia due to the popularity of South Korean pop music and TV series. Korean is the fourth most recognised cuisine by nationality among Thai consumers, following Japanese, Italian and Chinese,” he said in an interview with the Bangkok Post newspaper.

    “The Philippines, Thailand and Myanmar are the top three priority markets we want to focus on for our five-year business plan. In Thailand we want to see 10 more Bulgogi Brothers restaurants by 2020,” Jung said.

    Ausanee, president of King of Bulgogi Thailand, said she plans to spend 100 million baht (US$3 million) to open two Bulgogi Brothers Bangkok restaurants, including the EmQuartier one.

    “We expanded into the Korean restaurant business because the food tastes similar to Thai food. Many Thais travel to South Korea and enjoy watching Korean dramas, which inspires them to try some dishes,” she said.

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