News 20120713

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Title CBRE RETAIL REPORT QII-2012 FASHION AND RETAIL NEWS HOCHIMINH CITY Retail supply: expansion from 2 existing department stores: Diamond Plaza added 1,000m2 after renovation and Parkson ST expand nearly 1,000m2 at the ground floor Tenant and brands: - High demand from Calvin Klein and STEFANEL - Consistent demand from food and beverage retailers: KFC, NYDC, Burger King… HANOI Retail supply: no new supply Tenant and brands: - 132 tenants/brands change: open 56 (42%), close 72 (55%), renovation 4 (3%) - Number of store with area 20-50 and 50-100 sqm decreases and number of store with area <20m2 increase - Demand of Food and beverage brands is highest, Electronics demand is lowest FORECAST IN QIII- QIV/2012: Retail continues facing challenges. Many new retail spaces will open (Me Linh Plaza Ha Dong, Indochina Plaza, Trang Tien Plaza, …) but consumers will continue tightening their budget for shopping.

Transcript of News 20120713

Page 1: News 20120713

TitleCBRE RETAIL REPORT QII-2012

FASHION AND RETAIL NEWS

HOCHIMINH CITY

• Retail supply: expansion from 2 existing department stores: Diamond Plaza added 1,000m2 after

renovation and Parkson ST expand nearly 1,000m2 at the ground floor

• Tenant and brands:

- High demand from Calvin Klein and STEFANEL

- Consistent demand from food and beverage retailers: KFC, NYDC, Burger King…

HANOI

• Retail supply: no new supply

• Tenant and brands:

- 132 tenants/brands change: open 56 (42%), close 72 (55%), renovation 4 (3%)

- Number of store with area 20-50 and 50-100 sqm decreases and number of store with area <20m2

increase

- Demand of Food and beverage brands is highest, Electronics demand is lowest

FORECAST IN QIII- QIV/2012:

Retail continues facing challenges. Many new retail spaces will open (Me Linh Plaza Ha Dong,

Indochina Plaza, Trang Tien Plaza, …) but consumers will continue tightening their budget for

shopping.

Page 2: News 20120713

TitleVFC ANNOUCE THE RESULT OF FASHION SURVEY

VFC (Viet fashion Corp)

Brands : Ninomaxx, Maxxstyle, N&M (casual

wear and activity wear)

CEO : Mr Thomas J. Ngo

Founded: 1999

FASHION AND RETAIL NEWS

SURVEY:

- Time : June 2012

- Scope : customers at 188 fashion shops in more than 40 provinces nationwide

- Purpose : evaluate the demand and fashion taste of customers

- Result :

+ In the economic downturn, purchasing power is decreasing sharply, customers reduce expenditure

on luxury products. 70% customers focus on fashion products which are highly applicable, easy-to-

wear with reasonable price

+ Priority of customers when choosing fashion products: price and design. Besides, customers now

prefer shopping on large shopping place where they can find many products with different styles for

the whole family

+ Customers now pay more attention on the quality of the products than its brands

+ Increase in fashion awareness of customers: 30% customers think that “Fashion is just to show on

the stage” (the percentage of their previous survey is 50%)

Page 3: News 20120713

TitleC. T Group receive third class Labour Medal

on its 20th AnniversaryC. T Group:

- Founded: 1992

- Chairman: Mr Tran Kim Chung

- Main business: real estate, retail, construction,

financial investment, food and entertainment,

education and health, mineral and ecotourism

- Employee: 2000

- Affiliate: 36

FASHION AND RETAIL NEWS

Labour medal

• Honorable prize of the Government given to the

organizations and individuals who have great

achievement in developing the country and social

activities

• 3 types : First class, Second Class and Third Class

29/06/2012, C.T group receive:

• 2 Third class Labour medal for

+ C.T Group

+ Mr Tran Kim Chung (Chairman)

• 3 Certificates of recognition for:

+ C&T International JSC (real estate and construction)

+ Ms Tran My Hoa (General manager of retail business)

+ Ms Dinh Thi Bich Thao (General manager of invest business)

Page 4: News 20120713

TitleParis France perfume open biggest store in

Hangda Galleria- Hanoi

FASHION AND RETAIL NEWS

Phuong Phat Company:

+Sole distributor of more than 38 famous perfume brands:

Gucci, D&G (Dolce & Gabbana), Burberry, Lacoste, Givenchy,

Hugo Boss, Kenzo, Jimmy Choo, Swarovski, Van Cleef,

Valentino, Carolina Herrera, Nina Ricci, Paco Rabanne,

Montblanc, Lalique, Lavin

+ CEO: Mr Le Ba Quoc Vinh

+ Add: 15th Fl, Saigon Trade center, 37 Ton Duc Thang, Dist 1

Paris France

+ Has been in Vietnam more than 17 years

+ 17 stores in Hanoi and Hochiminh city, appear in all

Vincom and Parkson,

+ New store in 2nd Floor Hang Da Galleria is the biggest

store, open in 28/06/2012