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Paris-based fashion retailer Rue Madame today (January 3) announced the opening of its third store in Hong Kong to capture growing opportunities in the city's fast-growing fashion market.
The new store at Silvercord, Tsim Sha Tsui, also sets a milestone for Rue Madame as its first outlet in Kowloon. Its two other stores, at Lee Gardens in Causeway Bay and the IFC Mall in Central, opened in 2010.
Rue Madame is a fashion concept boutique chain for women, retailing well-known Parisian brands including Maje, Sandro, Claudie Pierlot, American Vintage, Majestic, Toupy, Sessun, Dress Gallery, Gat Rimon and more.
As when founder Ariane Zagury first came to Hong Kong, Rue Madame is looking to the city's diverse clientelle to support its latest expansion. Ms Zagury noted that the company's Hong Kong patrons have a strong desire for fashionable brands and a Parisian label is a big attraction.
"Two years ago we saw a niche for fashionable brands between the luxury brands and mass retailers and we moved quickly. Today proves our strategy is working just fine," Ms Zagury said.
"Looking ahead, we see even more room for growth in this particular market segment, and hence our third store is set to cater for this demand. The Kowloon store is the biggest of the three outlets, measuring over 1 600 square feet."
Ms Zagury said that Hong Kong will remain a regional headquarters for the company, managing Rue Madame's Asian marketing activities. She added that a key attraction for her was the ease of doing business in Hong Kong.
Associate Director-General of Investment Promotion, Mr Andrew Davis, agreed, saying that Hong Kong has earned its reputation among overseas investors for its simple business procedures. Mr Davis added that Invest Hong Kong would continue to offer assistance to Rue Madame in its future expansion.
About Rue Madame
Rue Madame is a concept created by Ariane Zagury in collaboration with Patricia and Nathalie Samson. Along with its unique selection of fashion, Rue Madame's priority is to provide an excellent service to its clientele, helping them to find the right balance between their own personalities and the latest styles from Paris. Rue Madame has become a trusted fashion adviser on finding the perfect look and for enhancing the mix-and-match experience. For more information, please visit www.ruemadame.com.
About Invest Hong Kong
Invest Hong Kong is a department of the Hong Kong Special Administrative Region (HKSAR) Government and was established in July 2000 to take responsibility for foreign direct investment in Hong Kong and to support overseas and Mainland businesses to set up or expand here. It provides free advice and customised services to help businesses succeed in Hong Kong's vibrant economy. As it celebrates its 11th year of operation, Invest Hong Kong has completed over 2 300 investment projects creating more than 28 000 new jobs in the first year of operation or expansion and HK$60 billion of investment. For more information, please visit www.investhk.gov.hk.
For event photos, please visit www.flickr.com/photos/investhk/sets/72157628692439311/.
Ends/Tuesday, January 3, 2012
Issued at HKT 12:56
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