New Opening Marks Ongoing Overseas Expansion in Southeast Asia
The Valuence Group offers life-changing value tailored to all our stakeholders, encouraging every person in the world to live true to yourself. Valuence Group company Valuence International Limited (Headquarters: Hong Kong SAR, People’s Republic of China, Representative Director: Susumu Muguruma) has announced that luxury brand item buying business Allu has expanded into the Philippines. Its first office here, the Allu Philippines Rockwell Office, will newly open on Thursday, January 7, 2021.
Allu’s First Office in the Philippines Opens in Manila, the Capital and Economic Heart of the Nation
Valuence International is working to accelerate new buying locations in countries across Southeast Asia. As of January 7, Allu Philippines Rockwell Office becomes the company’s first office opened in the Philippines. The launchpad for Valuence’s expansion into the Philippines comes in the burgeoning city of Makati, located in the southeastern area of the metro Manila region, a place of ongoing explosive growth. Makati itself is known as a high-end district of the metro area, home to a cluster of banks and major corporations and a favorite destination for tourists and the upper class. With a number of shopping malls lined with high-end offices, we determined that this would be a highly suitable place for a new Allu buying office, a strategy in keeping with our other offices in Southeast Asia.
In the Philippines, a nation known for cheerfulness and hospitality characteristic of southern countries, we are working with local partners to ensure the utmost of courtesy in our concierges’ (appraisal professionals’) customer service, offering Nanboya’s smart lifestyle to our customers.
Continued Focused Efforts to Expand Purchasing Locations in Southeast Asia and Other Regions
Once we have firmly established our first office in the Philippines, we will look to expand awareness of and bring customers to Allu and our brand item purchasing business. In addition, we are currently planning to open a second office in another of Manila’s emerging cities, Bonifacio Global City. Here, we will promote a greater level of item reuse in this area packed with flagship offices from famous brands.
Beyond that, we are making preparations to open new Allu locations in Europe, the United States, and other neighboringvregions, continuing expansion of our overseas business in striving to achieve the goals set out in our VG1000 medium-termvmanagement plan, which runs until the fiscal year ending August 2025.
■ Buying Office Overview
The Allu Philippines Rockwell Office will open in shared office space in Rockwell, a popular luxury residential area within Makati. This office serves as Nanboya’s very first attempt, in Japan or overseas, to operate a office inside shared office space. The location targets a range of potential customers, from wealthy persons living nearby to colleagues working in the same shared office spaces, seeking to expand awareness from a variety of angles and to permeate a culture of reuse.
・ Office name: Allu Philippines Rockwell Office
・ Grand opening: Thursday, January 7, 2021
・ Business hours: Monday to Friday, 10:00 AM to 6:00 PM (local time).
*Saturday and local holiday operations are limited to reservations only
・Location: Office R13, 21st Floor, 8 Rockwell Building, Hidalgo Drive, Makati, Metro Manila, Philippines
・Eligible items: Watches, bags, jewelry, accessories
・Language support: Tagalog, English
Valuence International Limited
• Established: November 19, 2008 (Group established: September 2015)
• Representative Director and President: Susumu Muguruma
• Head Office: 7F&8F, Nathan Hill, 38 Hillwood Road, Tsim Sha Tsui,Kowloon, Hong Kong
• Business lines: Purchase and sales of luxury brand goods, precious metals, gems, etc.
Valuence Holdings Inc.
• Securities Code: 9270
• Established: December 28, 2011
• Representative Director: Shinsuke Sakimoto
• Head Office: Shinagawa season terrace 28F, 1-2-70 Konan, Minato-ku, Tokyo, 108-0075
• Business Lines: Conducts group business management and support, strategic planning, and other functions to maximize corporate value
*Valuence International is a group company of Valuence Holdings Inc. (Securities Code: TSE Mothers 9270)