Young fashion label Ringspun is to open 30 franchise stores and concessions in Taiwan over the next three years as part of an international retail push.
Ringspun is also set to open franchise stores in China, Hong Kong, Japan and Australia in the next five years but details have yet to be confirmed.
Ringspun owner David Mallon said he planned to open six franchise stores in Taiwan by the end of this year and aimed to have 24 concessions for the brand with Taiwanese retailers within the next three years.
The brand already has two franchise stores in Taiwan, which it opened in November 2009
with local franchise partner Pure Wing. Pure Wing will lead the Taiwan expansion.
Ringspun will open an office in Hong Kong in May to support the brand’s growth in the Far East.
The 12-strong office will give the brand a base from which to manage production and supply chain in the territory as well as providing support for further international expansion in the Far East and Australasia.
The company is also developing a new standalone Ringspun retail concept for the UK market working with architecture firm MRA, which is slated to open in 2011.