Company Location

India's Maxwell to open 100 Inners stores in next 3 years

Source: 
Business Standard

Mumbai-based Maxwell Industries Ltd., that manufactures men's and women's inner wear and lingerie, is set to foray in Gujarat with its exclusive retail store "Inners" soon. The company, known for its flagship brand "VIP", will set up its exclusive inner wear store in Ahmedabad within next 3-4 months.

eBay announces launch of brand store by Indian retail firm Viveks

Source: 
Business Standard

Online marketplace major eBay India has launched an eBay brand store by Viveks, a consumer durables retail chain based in Chennai, in its website. Viveks would offer attractive prices to all eBay buyers shopping on their brand store on ebay.in, it said.

The five things to know when you select a supplier

Vincent Breitel is Associate Director of Genesis Solutions Ltd, a sourcing and supplier management agency focused on in-store retail fixtures, furniture and components. Vincent joined Genesis in 2011 and has been developing retail supply chain strategies for international clients of Genesis and partner company EC Harris. Based in China since 2008, Vincent has been working in different manufacturing businesses since then and has strong experience in addressing sourcing and procurement challenges facing clients in China. These are some of his tips on how to find suppliers.

Lawson to buy Tokyo-based cinema complex operator

Source: 
The Japan Times Online

Convenience store operator Lawson Inc. announced on Wednesday it will acquire United Cinemas Co., a Tokyo-based cinema complex operator, in a deal estimated at more than JPY10 billion (USD98.1 million).

Lawson will buy all shares in the holding company of United Cinema from the existing shareholders, including private equity fund Advantage Partners LLP.

Lawson sells entertainment tickets and music and video software through Tokyo-based subsidiary Lawson HMV Entertainment Inc.
 

PLDT, Rocket Internet to develop payment solutions for emerging markets

The Philippine Long Distance and Telephone Company (PLDT) announced on Wednesday a strategic partnership with Berlin-based Iglobal nternet incubator Rocket Internet AG, to drive the development of online and mobile payment solutions in emerging markets.

Platinum Group opens community mall on Thailand's Koh Samui

Source: 
Bangkok Post

The Platinum Group, the operator of Platinum Fashion Mall in Bangkok, is branching out with a community mall on Koh Samui as part of an effort to build sustainable growth in the long term.

President Somboon Wongrassamee said the company is spending THB300 million (USD9.3m) to develop The Wharf on a 10-rai plot on the southern island. Due to open by the end of this year, the mall will have up to 4,000 square metres of saleable space.

Time for Chinese fast food chains to shine?

Source: 
CNBC

China's homegrown fast food chains have long played second fiddle to the likes of McDonald's and Yum Brands in the mainland but with the latest food scare, things may be in for a change.

Kintetsu department store in Japan's Osaka woos foreign shoppers

Source: 
The Japan Times Online

Kintetsu Department Store Co. wants more foreign customers to shop at its flagship store, which opened in Japan's tallest skyscraper in March, President Keiji Takamatsu said.

In a recent interview, Takamatsu said the Osaka-based company wants to raise 3 percent of its overall revenue from tourists instead of 1 percent at present.

Yum, McDonald's in Shanghai food safety investigation

Source: 
The Business Times

US fast food chains McDonald's Corp and Yum! Brands Inc said they will stop using products supplied by a local meat processor after a Shanghai regulator halted the firm's operations on Sunday over food safety concerns.

Robins Department Store comes to HCM City

Source: 
Viet Nam News

Thailand's leading retailer Central Group plans to open its Robins Department Store at the HCM City-based Crescent Mall in November.

The second Robins Department Store in Vietnam would cover four floors, spread over an area of more than 12,000 square metres.

The store, designed by the Dubai-based Zebra Group, would offer thousands of quality products carefully selected from leading local and international brands, along with marketing programmes that focus on the interests and lifestyles of local consumers.

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