Retail in Asia

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Apple to open 15 new APAC stores by 2027, plans Malaysia debut

Tech giant Apple has plans to open at least 24 new stores worldwide through 2027, focusing on expanding its retail presence in Asia and Europe.

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The main focus of the expansion is the Asia-Pacific region, with 21 new or revamped sites planned through 2027, according to a Bloomberg report, with some 15 of those stores expected to be new openings.

Three new retail locations are planned to open in India, from 2025, while the company’s fourth Indian store is planned to open in New Delhi in 2026, inside the DLF Promenade Mall.

Additionally, Apple is planning an opening in Jing’an Temple Plaza in Shanghai, China, and its first store in Kuala Lumpur, in 2024, its official entry into Malaysia.

Outside of the Asia-Pacific region, Apple will open five locations in Europe and the Middle East, and four additional outlets in the U.S. and Canada.

Finally, the report added that Apple will revamp or relocate six stores in Asia in the coming four years.

Apple currently has more than 520 stores in 26 countries, with approximately half of them located in the U.S.

The Asia-Pacific market generated about USD 130 billion of Apple’s revenue last year — roughly a third of its total — and countries like India have emerged as a growth engine, with the iPhone maker opening its first two stores in India in April.