Volcom opens two Chinese stores with new licensee
Authentic Brands Group-owned board sports label Volcom has announced the opening of two stores in China in collaboration with its new local licensee China Ting Group.
Inaugurated in June, the Californian brand’s new Chinese stores are located in Hangzhou’s Mixc Mall and the Summer Mall, in surfing and beach resort Sanya. China Ting Group intends to open a further 10 Volcom stores this year, building a fleet with a total of 12 locations in the country by the end of 2020.
Volcom also plans to re-launch its APAC e-commerce platform in 2021.
As a leading Chinese lifestyle company specialized in retail development and brand building, China Ting Group plays a key role in ABG’s expansion plans for Volcom in the APAC region.
For the last 10 years, Volcom’s presence in China has been limited to an assortment of lifestyle apparel sold via the Tmall e-commerce platform and a selection of specialty retailers. Hong Kong-based China Ting Group, which was founded in 1992 and operates sales offices in New York, Paris, Shenzhen and Hangzhou, will help the brand widen its reach, offering Chinese consumers a full assortment of apparel and accessories designed specifically with the local market in mind.
“We are bringing Volcom’s board sports lifestyle to China,” said ABG’s group president for lifestyle and chief brand officer, Jarrod Weber, in a release. “As a brand that is authentically rooted in this culture, Volcom has significant appeal to young consumers around the globe.”
“We look forward to building a successful, long-term partnership with Authentic Brands Group,” added China Ting Group vice president Ray Ting. “As America’s first boarding company, Volcom is known throughout the world for innovation and integrity and we’re excited to bring it into the mainstream here in China.”
Volcom operates more than 100 direct-to-consumer retail locations around the world.
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