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Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Wright Reports

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Marimekko Oyj Updates on Expansion in Asia; Opens First Shop in Taiwan

Friday, 4 Oct 2013 07:00am EDT 

Marimekko Oyj announced that in at the end of August, the Company signed an importing and distribution contract with Yun San Corporation of Taiwan, which is the distributor for a number of European and Japanese fashion brands. The objective is to open a total of five Marimekko stores and shop-in-shops in Taiwan by the end of 2018. The first, a two-storey Marimekko store comprising roughly one hundred square metres, will be opened by Yun San in the middle of November 2013 in Taipei. The Company also communicated that Hong Kong's second Marimekko store will open at the beginning of November in the Elements mall in Kowloon. In the Asia-Pacific region, new Marimekko stores have also been opened is 2013 in South Korea, Guam and New Zealand. Marimekko has also expanded its operations in its other main markets, Northern Europe and North America. 

Company Quote

-0.02 -0.20%
28 Aug 2014