Italian outerwear brand Peuterey Group SpA owns stores in Milan, Rome, Cortina, Berlin, and Antwerp. Their next stop is Shanghai. A store for men's and women's collections and a second exclusively for children's will open at Takashimaya in Shanghai this week. As part of this venture, Peuterey has also opened an office in Beijing with a subsidiary in Shanghai to manage business in Asia.
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.
Acer has partnered with Gome Electrical Appliances, an IT and consumer electronics retail chain in China, for the latter to sell Acer desktops, notebooks, AIO (all-in-one) PCs, tablets and projectors there, according to China-based tech.qq.com.
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.
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.
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.
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.
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.
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 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.