SMCP, parent company of fashion brands Sandro Maje, Claudie Pierlot and Fursac, has signed two new distribution partnerships with companies in the Philippines and Indonesia, after the company expanded into India more than a year ago.
The group has signed agreements with SSI Group (Philippines) and Map Group (Indonesia). SSI Group is a Philippine specialty retailer of luxury and ready-to-wear goods.
The company operates 570 stores across the Philippines representing 90 brands and has long-standing partnerships with brands such as Zara, Cartier, Givenchy and Hermes.
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Meanwhile, Map Group is an Indonesian distributor that operates around 3,000 stores across around 80 towns and cities in Indonesia, including Indy Text Group, Loewe, Max Mara, Lacoste and Starbucks.
The statement said the two leading economies in the Asia-Pacific region are important engines of development and influence, driven by strong economic growth.
SMCP subsequently opened Indonesia’s first Sandro store in Jakarta (Plaza Senayan).
In the Philippines, the company plans to open four new stores in two key areas of Metro Manila – Greenbelt and Central Square – as well as three corners of Rustan’s Makati department store.
SMCP said new openings are planned at other shopping malls in both countries over the next five years.
This comes on the heels of Southeast Asian women’s clothing brand Love Bonito kicking off its international expansion with the opening of its first permanent store in Metro Manila, Philippines. The store is located in Greenbelt 3 Mall and is over 2,000 square feet in size.
In a statement, the company said the opening follows a rebranding and product assortment revamp in March this year, and furthers the brand’s vision of becoming a destination for Asian women around the world.
“We know that shopping mall culture thrives in the Philippines and we are happy to finally put down roots. We have received overwhelming support from the Filipino community, achieving 90 percent year-on-year growth last year in online orders alone,” Love Bonito chief executive officer Dion Song said.
“Based on the customer data we collect across both digital and physical touchpoints, we are finally opening our first brick-and-mortar store with unique elements that cater to the needs of our Filipino customers,” she added.
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