ASBIS STRENGTHENS ITS POSITION IN THE PREMIUM SEGMENT: TWO NEW iSPACE STORES IN THE CIS REGION
The company has opened monobrand stores in Almaty and Baku. The iSpace network now comprises 37 stores in seven countries. ASBIS Group (WSE: ASB) - a leading Value Add Distributor, developer, and provider of ICT, IoT products, solutions, and services to the markets of Europe, the Middle East, and Africa (EMEA), continues to expand its retail business in the premium and luxury segment. The company has opened two new iSpace monobrand stores offering Apple products, in Kazakhstan and in Azerbaijan. The iSpace network now comprises 37 stores in 7 CIS countries: Armenia, Azerbaijan, Georgia, Kazakhstan, Moldova, Ukraine and Uzbekistan. ASBIS is an authorised distributor of Apple products in 25 countries.
The 60 m² iSpace store in Kazakhstan is located in the newly built Aport Mall East shopping centre in Almaty, the largest city in Kazakhstan. The total number of stores in Kazakhstan has thus risen to 12, located in 6 cities: Almaty, Astana, Karaganda, Atyrau, Aktobe and Shymkent.
The newly opened iSpace store in Azerbaijan is located in the Ganjlik Mall shopping centre, close to the centre of Baku. The store covers 94 m². It is the sixth iSpace store in the Azerbaijani capital.
Serhei Kostevitch, CEO of ASBIS Group, commented: "The development of the iSpace network is an important element of our strategy in the premium retail segment. The new iSpace stores selling Apple products in Almaty and Baku are a part of our strategy to strengthen our presence in this market segment. We are close to the customer and have an influence on the high standard of sales of these products and their further promotion in our markets. A network of 37 stores in seven countries shows that the CIS region has further growth potential."
Disclaimer: The information contained in each press release posted on this site was factually accurate on the date it was issued. While these press releases and other materials remain on the Company's website, the Company assumes no duty to update the information to reflect subsequent developments. Consequently, readers of the press releases and other materials should not rely upon the information as current or accurate after their issuance dates.
