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British upscale retailer John Lewis eyes Asian expansion

RBR Staff Writer Published 08 July 2013

The John Lewis Partnership, an employee-owned UK partnership which operates John Lewis department stores and Waitrose supermarkets, intends to enter into 10 new Asian markets through shops within the region’s department stores.

The retailer is looking at all possible options on building Asian concessions network.

John Lewis managing director Andy Street told Financial Times that the company is considering concessions in Asia, including Kuala Lumpur and Tokyo.

South Korean department store Shinsegae already has wholesale arrangements with John Lewis. Following this, the chain expects to increase the number of concessions to six this autumn.

John Lewis recently announced that it will open an outlet in Heathrow's Terminal 2 in June 2014.

In addition, the company is looking to expand its international online business, by shipping to 33 countries including France Germany, Spain, Italy, the US and Australia.

The company is also looking to expand in domestic market by opening a store in UK by Christmas.