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Malaysia : Wacoal to Open Hundreds of New Outlets

2003-8-4

Lingerie and apparel company Wacoal (Malaysia) Sdn Bhd has unveiled plans to open hundreds of new outlets over the next five years as it looks to boost its presence on the high street.

The firm currently has 65 concessions but will more than treble that number to 250 by 2007 and open up 50 specialty stores selling its brand-name intimate apparel and sportswear.

Wacoal Malaysia, a joint venture between Wacoal Corp of Japan and Warisan TC, has set it sights on a 30 per cent share of the market which is the current size of main rival Triumph''s share.

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