RoK’s fashion brand Nerdy wants to expand foothold in Vietnam
Tuesday, February 13,2024AsemconnectVietnam - Street style fashion brand Nerdy of the Republic of Korea (RoK)’s cosmetic and clothing company APR on February 11 announced its plan to expand operation in Vietnam, with the opening of more stores in this market.
Through its partnership with local fashion distribution company Maison Retail Management International (MRMI), APR now has four offline stores in Vietnam, including two in Hanoi and two in Ho Chi Minh City. The first store was opened at Vincom Dong Khoi shopping mall in January 2023.
Among Nerdy's local stores, the one at Lotte Mall West Lake (Hanoi) has reported the most robust business results, followed by the outlet in VivoCity, Ho Chi Minh City.
The brand targets Vietnamese youths like it does in the RoK.
A Nerdy representative said spring/summer and sportswear have been favoured among Vietnamese consumers, helping the brand gain increasing revenue.
The MRMI is planning to open its own TikTok shop in addition to Nerdy's online shop to serve the growing demand for online shopping among Vietnamese youths./.
Source: en.vietnamplus.vn/roks-fashion-brand-nerdy-wants-to-expand-foothold-in-vietnam/279462.vnp
Among Nerdy's local stores, the one at Lotte Mall West Lake (Hanoi) has reported the most robust business results, followed by the outlet in VivoCity, Ho Chi Minh City.
The brand targets Vietnamese youths like it does in the RoK.
A Nerdy representative said spring/summer and sportswear have been favoured among Vietnamese consumers, helping the brand gain increasing revenue.
The MRMI is planning to open its own TikTok shop in addition to Nerdy's online shop to serve the growing demand for online shopping among Vietnamese youths./.
Source: en.vietnamplus.vn/roks-fashion-brand-nerdy-wants-to-expand-foothold-in-vietnam/279462.vnp
Vietnam's export turnover in January highest in almost two years
Middle East the fourth largest importer of Vietnamese tuna: Association
New regulations to remove bottlenecks for OV real estate investment
Border gate of Bac Luan 2 Bridge resumes operations after Tet early
Vietnamese fruits promoted in Berlin exhibition
Lao Cai ensures smooth cross-border trade during Tet
Vietnam remains RoK’s third trade partner in 2023
Vietnam, China see surge in border trade, with more to come
Vietnam to cash in on FTAs, trade promotions to boost exports
Thai Binh emerges as magnet for domestic, foreign investors
Real estate in Vietnam attractive to FDI, foreigners
Vietnam strives to increase competitiveness for agricultural exports to US
Vietnamese, Swedish state audit agencies beef up collaboration
Vietnam pledges support for Philippine investors