Retail in Asia

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Japanese eyeglass retailer Owndays to open 100 shops over next 5 years

Japanese eyeglass retailer Owndays is going to expand its business operations in Southeast Asian countries by opening 100 shops over the next five years, the company said in a statement on Monday.

It will open two shops in Southeast Asia this month – one in Thailand, one in Cambodia. This is the first time for the company to expand its business into the two countries.

The Thai shop is located at Mega Bangna, a large commercial complex in the suburbs of Bangkok. The Cambodian shop is located at Aeon Mall Phnom Penh in the heart of the capital. Both of the shops are supposed to open in Mid-October.

Owndays produces and sells fashionable and trendy eyewear and operates 130 shops in Japan, Singapore, Taiwan and China. The company launched its business operations in Southeast Asia in July 2013, and now operates 14 shops in Singapore and 6 shops in Taiwan as of September 2015.

The company has established its own overseas business model through its independent pricing system and services and is rapidly expanding its business activities.