Forever 21 Eyes Expansion In Europe And Asia
May 14th, 2010 - 6:25 pm ICT by GDBy Ranjan Bhaduri
Dublin, May 14, (THAINDIAN NEWS) With the arrival of US based all female apparel store Forever 21, the fashion scene in Ireland and especially Dublin is going to get spiced up soon. The Los Angeles-based company was in news recently after Justin Bieber, the teenage Canadian pop sensation came to its store for buying something for his mother. It is going to open its first European store in November this year and the preparations are in full swing. The store will be opened at Jervis centre of Dublin. In recent time sit completed the paperworks for leasing the place. If the industry sources are to be believed, Forever 21 has churned out an amount of 2.75 million to get an area amounting to 70,000sq ft. The lease will be for 20 year duration.
Fortune 21 owns 500 outlets in various countries of the world and its turnover goes in excess of $2.3 billion. The first outlet of Forever 21 was inaugurated in 1984 and its first shop outside California in 1995. On an average the brand opens 90 new outlets each year. The company is eyeing Europe and Asia for expanding its business. It is likely to open new shops in London and some other European cities like Munich, Vienna, Barcelona, Amsterdam and Madrid in near future. The brand created sensation in 1984 when it opened its first shop in Los Angeles. HM and Zara are its main rivals.
The brand has also made foray in major Asian countries like Japan in recent times. The flagship store in Tokyo’s Ginza shopping district is the one the company is counting on a lot for its success in the new market.
- Forever 21 launches flagship store in India - Sep 18, 2010
- Forever 21's Love 21 Maternity Clothing Line Lands Up In Controversy - Jul 21, 2010
- Justin Bieber to open store in LA - Jan 18, 2011
- Kate Hudson creates jewellery line - Sep 10, 2011
- DLF Brands to open 10 lifestyle multi-brand retail stores - May 24, 2012
- 'Not enough tourists to appreciate fashion in Pakistan'(With Images) - Jun 22, 2011
- Global yogurt chain to foray into India - Aug 21, 2011
- Zara Reaches The Select City Mall In Delhi - Jun 03, 2010
- Pakistan fashion fraternity eyes franchises, collaborations in India - Apr 16, 2012
- Zippo lighting up in India with lifestyle products - Jun 08, 2011
- Zippo branches out in India with lifestyle products (Lead, superseding previous story) - Jun 09, 2011
- Actor Moyer enjoyed London riots news coverage - Aug 14, 2011
- Justin Bieber Shops At Forever 21, For His Mom - May 10, 2010
- Carrefour opens second cash and carry store - Nov 28, 2011
- Kerala-born Yusuffali making waves in Gulf - Apr 23, 2012
Tags: apparel store, asian countries, canadian pop, countries of the world, european cities, fashion scene, female apparel, flagship store, foray, full swing, ginza, industry sources, jervis centre, justin bieber, paperworks, pop sensation, ranjan, shopping district, shops in london, zara