CLUB MONACO MOVES INTO SOUTHEAST ASIA
By Adnews Staff
Toronto-based upscale clothing retailer Club Monaco is moving into the Indonesian market. The company will open its first store in Jakarta this summer, with a second one in the same city by the end of the year. Club Monaco plans to open up to 25 stores in Indonesia over the next several years, concentrating on the country's three largest cities, Jakarta, Surbaya and Bandung. The retailer operates about 140 stores in Canada, the U.S., Japan, Korea and Thailand.
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