RYDOBRUK, Sweden and HONG KONG, Oct. 22, 2013 /PRNewswire/ -- The acquisition of Hong Kong-based interior architecture firm Lui Design Ltd is one further step for M2 Retail Solutions into the global retail design market. This strategic collaboration reinforces M2's status as a partner for high end retail brands on the developing Asian market.
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In September 2013, M2 Retail Solutions Asia Ltd, a subsidiary of M2 Retail Group AB, acquired Lui Design Ltd. The Hong Kong based retail design and project management specialist is renowned for providing superior quality services to predominantly high end brands in fashion, jewellery and watches.
Active in Asia for the last 13 years, Lui Design Ltd currently employs 14 professionals at its offices in Hong Kong and Seoul. The firm's client portfolio includes names like Hermes, Chloe, Piaget, etc.
"We're greatly impressed by Lui Design's work and its unparalleled status in the Asia Pacific sector. This region is an increasingly key market for international retailers as well as the M2 Group. We look forward to working together in order to improve our range of services to high end retailers worldwide," said Christian Bjornstad, Chairman of M2 Retail Group AB.
Lui Design will continue operating as an independent company under the leadership of founder and Managing Director Andrea Lui, in partnership with M2 Retail Group AB.
The Swedish M2 Retail Group AB is one of the few, and undoubtedly one of the first European retail design specialists to enter the Asia Pacific market. In 2014 the group celebrate 10 years of activity in Asia.
