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"Lotte Unveils Mega Commercial Complex 'Lotte Mall Westlake Hanoi' in Vietnam"
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입력 : 2023.09.29 01:02
ㅣ 수정 : 2023.09.29 01:02
Lotte Group's Ambitious Venture Aims to Transform Westlake Hanoi into a Thriving Shopping Destination
Hanoi (News2day) - In Hanoi, Vietnam, Mr. Kim Sang-hyun, Vice Chairman of Lotte Corporation, revealed their ambitious vision for the 'Lotte Mall Westlake Hanoi' during a press conference on the 20th of September. The commercial complex, showcasing Lotte Group's extensive expertise, is set to open its doors on the 22nd, establishing itself as Vietnam's largest commercial complex.
Lotte Shopping is setting its sights on elevating 'Lotte Mall Westlake' to become Vietnam's new landmark. Kim stated, "Lotte Mall Westlake is a grand-scale commercial complex that Lotte is presenting for the first time, akin to Lotte World Mall in Jamsil. It's an integration of hotel, mart, department store, aquarium, and cinema, among others. We anticipate it to become Vietnam's new landmark."
Mr. Kim Jun-young, the head of Lotte Properties Hanoi, highlighted the distinctive features of Lotte Mall Westlake. First, he emphasized the exceptional Merchandising Director (MD) lineup in the shopping mall. Globally renowned SPA brands such as 'Zara,' 'Uniqlo,' and 'Muji,' as well as major flagship stores like 'Nike Rise,' 'Victoria's Secret,' and 'Diesel,' have made their mark. The mall boasts around 233 stores, and approximately 40%, or 85 stores, are specialized with 'first in the market' and 'flagship concept' features.
Mr. Kim further added, "Lotte Mall Westlake can pride itself on having the highest MD standard within Vietnam. In terms of shopping mall size, there may be larger malls in Hanoi than Lotte Mall, but there's no shopping mall within Vietnam that can compare in terms of concept and MD."
The complex also offers 'distinctive specialized spaces,' featuring trendy lifestyle stores. Notably, the 'Samsung Flagship' store is the only overseas outlet officially licensed by Samsung. Additionally, they have planned the first-ever 'Culture Avenue,' serving as a cultural hub, receiving enthusiastic responses from the local community.
Lastly, the complex introduces themed F&B options like 'K-Food Street' and 'Selective Food Hall.' The F&B facilities are structured in a 'Let's Eat Alley' format, showcasing handpicked local culinary delights.
Mr. Kim Jun-young, the corporate director, emphasized, "We have initiated a pre-opening by introducing elements that were not present in the Vietnamese market or attempting new endeavors. We are already receiving positive feedback from customers. Moving forward, we aim to be a company that goes beyond a simple shopping space, allowing people to enjoy culture and leading the market."
Lotte Mall Westlake aims to achieve a total revenue of 80 billion Korean won by the end of this year. Furthermore, Lotte Shopping plans to utilize this launch as a stepping stone to venture into the Southeast Asian market through asset development.
Lastly, Jeong Jun-ho, CEO of Lotte Department Store, outlined their broader vision, stating, "Up until now, our operations have been primarily centered around retail and sales facilities. In the future, our plan is to enter the Southeast Asian market in the form of asset development, including Lotte Construction's housing business. This is the primary objective of Lotte Mall Westlake."
At the grand opening ceremony on the 22nd of September, key figures such as Shin Dong-bin, Chairman of Lotte Group, Kim Sang-hyun, Vice Chairman of Lotte Corporation, Park Hyun-chul, Vice Chairman of Lotte Construction, Jeong Jun-ho, CEO of Lotte Department Store, and Kang Sung-hyun, CEO of Lotte Mart, were present alongside relevant executives from affiliated companies and high-ranking Vietnamese officials.
By Yerim Seo, a reporter of News2day / erin1121@news2day.co.kr
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