News 20120713
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Transcript of 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.
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%)
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)
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