THE INVESTOR

메뉴열기
February 28, 2020

LF opens new Hazzys outlet in Ho Chi Minh

PUBLISHED : November 20, 2019 - 16:01

UPDATED : November 20, 2019 - 16:01

  • 본문폰트 작게
  • 본문폰트 크게
  • 페이스북
  • 트위터
  • sms

South Korean fashion giant LF announced on Nov. 19 that it has opened an additional Hazzys outlet in Vietnam.

The new 130-square-meter outlet is located on the second floor of the Diamond Plaza Department Store in Ho Chi Minh City, its fourth in Vietnam.




The company explained that the new store carries all different items including casual clothing, golf apparels and accessories for both men and women.

The demand for premium casual clothing is increasing in the Vietnamese market. We are hoping to meet that demand and decide to expand to Ho Chi Minh,” LF Vice President Kim Sang-gyun said in a statement. The company entered the Vietnamese market in November 2017 and currently has three outlets in Hanoi. The company noted that it is also planning to open five more outlets in Ho Chi Minh by the end of 2021 to aggressively expand in the market.

According to the German market analysis firm Statistics Portal, the Vietnamese fashion market is expected to grow an average of 22.5 percent till 2022.

Kim also added that Hazzys is aiming to expand its presence in other Southeast Asian markets like Thailand, Indonesia and Malaysia.

By Song Seung-hyun (ssh@heraldcorp.com)

  • 페이스북
  • 트위터
  • sms
최상단으로
Herald Corporation|CEO : Kwon Chung Won
Publisher. Editor : Kwon Chung Won
Chief Privacy Officer & Juvenile Protection Manager : Yang Sung-jin
Title : The Investor|Date of registration : 2015.04.28
Company Registration No. 104-81-06004
Mail-Order Business Registration 2016 - Seoul Yongsan - 00590
Huam-ro 4-gil 10, Yongsan-gu, Seoul, Korea
T : +82-2-727-0114|Business info
Gov’t registration No. Seoul 아04099
COPYRIGHT HERALD CORPORATION. ALL RIGHTS RESERVED.