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Vingroup launches VinDS retail stores

Vingroup recently launched a new retail model with specialised stores called VinDS, which sells healthcare, footwear, fashion and sports products in four different zones.
Vingroup recently launched a new retail model with specialised storescalled VinDS, which sells healthcare, footwear, fashion and sportsproducts in four different zones.

The first stores will open inVincom Can Tho in the Mekong Delta in July, while the group plans toopen 74 more stores over the next year and 300 nationwide over the nextthree years.

The group said the stores would offer international brands to Vietnamese consumers.

Thechains will be built and operated by the VinDS Trading and ServicesCo., and will include BeautyZone, Sportsworld, ShoeCenter and FashionMegastore.

The retail model is expected to bring luxury productsto Vietnamese consumers and help Vietnamese brands reach localconsumers, Munish Rishi, CEO of VinDS, said.

BeautyZonespecialises in healthcare products, cosmetics, makeup and skin andbodycare products. It will sell mid to high-end brands such as Clarins,L'Occitane, Kose and Kanebo, as well as Laneige, Yves Rocher and Vichy,among others, besides the exclusive Dutch Mades brand.

ShoeCenteris set to become a major footwear chain in the country. Each store hasan area of 600sq.m to 1,000sq.m and will sell shoes for men, women andchildren, from more than 25 international and local brands. VinDS hasalso designed shoes under the Top Toe brand.

With products offamous sports brands such as Nike, Adidas, Aero Sport and others,Sportsworld will provide clothing and shoes for jogging, tennis,basketball and other sports, as well as fitness machines and otheraccessories, with a separate area for football items.

VinDS hasalso launched Fashion Megastore, with each outlet spread over 2,500sq.mto 5,000sq.m. Successful and high-end fashion brands from around theworld will be sold there, as well as local items.

The moveaffirms Vingroup's determination to develop and strengthen its retailsector, after opening other retail chains such as VinMart, VinMart + andVinpro earlier.-VNA

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