Rainbow Group presence in Parisian Macao, Studio City

The Rainbow Group, the Macau-based distributor of luxury fashion brands, plans to establish about ten additional outlets for its franchised products in 2015 and 2016, with two outlets slated to open in Parisian Macao and five in Studio City, company president and founder Terry Sio Un I told local Chinese-language newspaper Macao Daily News. In an interview with Business Daily in July, Ms. Sio noted that her company would maintain a moderate expansion pace for its retail outlets in both mainland China and locally in the coming years. Rainbow Group opened nine new stores in Macau last month and introduced three brands that the company has freshly secured the franchise for: Jimmy Choo, MCM and René Caovilla. The company, whose portfolio features over 20 fashion brands, is currently running 158 mono and multi-brand shops in mainland China and Macau. While Rainbow Group now only operates 36 outlets in the city, Terry Sio said her company would be focusing on the local market following the opening of the new Cotai casino-resort projects in the coming years. S.L.