Leading fashion company to open 20 Stockists this year to grow their business in Vietnam
2013-03-06, Sophie Paris, Asia's leading direct selling fashion brand, today announced the plan of opening of 20 Stockists in Vietnam in 2013. The leading French fashion company that sells its products direct will allow its members to open their own Stockist. This is a kind of distribution and training centre where the members can recruit and train their members as well as sell products and handle after sales services.
Sophie Paris has firstly introduced Stockist model in Indonesia and increase number of Stockist to more than 409 Stockists, then Philippines with 85 and Malaysia with 26. It is now has first time being implemented in Vietnam after two years of study and adaptation. The Company is being in final stage of getting final of legal process of implementation.
“It is great that we now have the right to operate our already proven and successful business model also in Vietnam. This will empower our members further and offer them increased business opportunity to earn more money and even become financially independent. Vietnamese people love to run their own business and Sophie Paris Vietnam can now offer this unique opportunity to them,” said Bruno Hasson, President Director of Sophie Paris.
As a consequence of this change, the branch in Hanoi will be reorganized in order to fit with new plan of Sophie Vietnam.
The Stockist business model will help to expand Sophie Paris business and management of Member’s network as well as to provide more and more supports to Members in provinces beyond current large cities Ho Chi Minh City, Hanoi and Danang where the company currently have presence.
“With this new business model we expect Sophie Paris Vietnam sales grow 30% in year 2013. We are targeting to have at least 20 lead Members becoming Stockist in Vietnam in 2013,” said Gregory Fauvet, General Manager of Sophie Paris Vietnam.
The company, which runs on a direct selling business model that has proven extremely popular for entrepreneurs all over Vietnam and already has a base of more than 43,000 members nationwide.
About Sophie Paris:
Sophie Paris is a French owned fashion company selling direct. It is present in five countries including Indonesia, Morocco, Philippines, Vietnam and Malaysia. The company employs more than 550 staff and has more than 120,000 active members around the world. The company produces a new catalogue every 45 days full of French designed fashion for woman, men and children. Sophie Paris Vietnam was launched in 2010 and has its Head Office on 84B Tran Quoc Toan, Ward 8, District 3, Ho Chi Minh City; and Rep. Office on 104 Nui Thanh, Hai Chau District, Danang City. The company employs 70 staffs as well as more than 43,000 members. Sophie Paris Vietnam is a 100% foreign direct invested company and it is certified and recognized by the Direct Selling Committee of the American Chamber of Commerce in Vietnam.