Valuence Opens 11th Luxury Brand Goods Buying Store in Indonesia
New Shop in Medan, Indonesia’s Third-Largest CityValuence International Singapore Pte. Ltd. began Indonesian market development for the luxury brand goods purchasing business in August 2020. In collaboration with local partners, the company has steadily expanded the number of outlets since opening a first location in the capital city of Jakarta. With 10 stores already in operation, the company believes that the lifestyle concept of selling rather than discarding unwanted items is becoming more widely accepted in Indonesia.
To expand awareness further, attract new customers, and promote reuse in Indonesia, Valuence decided to open an 11th location, ALLU Cradle Space Medan, on September 15 in Medan, which is Indonesia’s third largest city after Jakarta and Surabaya.
ALLU Cradle Space Medan is located inside the shared office Cradle Space in Medan City, and will initially target consumers living in the surrounding area. With reuse shop locations in Jakarta, Surabaya, Bandung, and Bali all performing well, Valuence is ready to offer a reuse lifestyle close to the hearts of consumers in Medan through ALLU Cradle Space Medan.
The Valuence Group continues to accelerate the development of luxury goods buying locations in Southeast Asia and other countries around the world to provide more customers with more opportunities to experience reuse, as well as to promote the reuse culture and create circular societies.
■ALLU Cradle Space Medan Overview・ Office name: ALLU Cradle Space Medan
・ Grand opening: September 15, 2022
・ Business hours: 08:30 to 17:30 (local time)
・ Address: Cradle Coworking Space, 2nd Floor, Room 01 – Jl. Iskandar Muda 127 – Medan
・ Eligible items: Luxury brand watches, bags, jewelry
・ Language support: Indonesian
・ Instagram：https://www.instagram.com/allu.indonesia/ （@allu.indonesia）