Japanese second-hand fashion retailer opens first outlet in Hong Kong
Invest Hong Kong (InvestHK) announced today (May 7) that Japanese second-hand fashion retailer, 2nd STREET, will open its first outlet in Hong Kong on May 9, marking a significant expansion of its operations in the region.
Associate Director-General of Investment Promotion at InvestHK Mr Arnold Lau said, "Hong Kong's unique blend of internationality and high consumer spending power makes it an ideal location for businesses seeking growth. We are delighted to welcome 2nd STREET to our diversified retail market, where their commitment to sustainability aligns perfectly with our vision for a greener future."
2nd STREET Hong Kong Limited is part of GEO Holdings Corporation, one of Japan's largest reuse and rental business groups. Located in Mong Kok, the first outlet in Hong Kongaims to promote a sustainable consumption culture by buying and selling a wide range of pre-owned products, enriching customers' daily lives while making them more enjoyable.
The Chairman and Managing Director of 2nd STREET Hong Kong Limited, Mr Sadaharu Deguchi, said, "We believe that Hong Kong's strong fashion sensitivity and familiarity with the pre-owned market present us with a unique opportunity to fulfil our mission of enriching people's everyday lives. We look forward to expanding our presence in Hong Kong and contributing to the development of a recycling-oriented community in the city."
He added, "Hong Kong has a mature consumption market with high spending power. Together with its reputation as a trend-setting city, it is an ideal place for us to expand in the region. Our Hong Kong store will focus on the sales and purchase of pre-owned products for clothing and accessories, targeting the environmentally conscious consumers in the region."
Established in 1996 in Japan, 2nd STREET buys and sells a wide range of items including clothing, bags, shoes, accessories, and furniture. It has approximately 900 stores in Japan and 1 000 stores worldwide.
For more information about 2nd STREET, please visit 2ndstreet-hk.com.
To get a copy of the photos, please visit www.flickr.com/photos/investhk/albums/72177720325901965.
Japanese second-hand fashion retailer opens first outlet in Hong Kong Source: HKSAR Government Press Releases
Japanese second-hand fashion retailer opens first outlet in Hong Kong Source: HKSAR Government Press Releases
