SEOUL, Oct 15 — Lululemon Athletica Inc (lululemon), an upmarket retailer of athletic leisure apparel, is opening its third store in Kuala Lumpur next month and the fourth...
Deloitte, Ernst & Young: With Malaysia’s new capital gains tax, real property gains tax needs amendment to avoid double taxation
Pope said there are currently two stores in Kuala Lumpur and one in Kulai, Johor, and its third Kuala Lumpur store will be in the Tun Razak Exchange. “It’s developing quickly, and I think wealth is being created. It’s partly economic development and wealth creation, and it’s partly lifestyle,” he said.Pope said lululemon’s apparel — made to be breathable, functional and comfortable — has an edge in the region and will continue to do well due to the hot and humid Malaysian climate.
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