CHINA: Honeys eyes Taiwan, South Korean market expansion
Clothing retailer Honeys is looking to break into the Taiwanese and South Korean markets, president Yoshihisa Ejiri told Reuters in an interview.
Honeys eyes an entrance into those markets in three years time, and foresees expansion to the US and Europe eventually.
The company is also looking to have 1,000 Japanese stores in the next three to four years.
In addition, Honeys wants to more than double its sales to JPY100bn (US$853m) over a four-year period, Reuters reported.
Ejiri suggested full-year sales could grow about 4% compared to a target of 2%.
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