The Philippine licensee of 7-Eleven is expanding its scale of operations as it seeks to grow its stores to ward off intensifying competition in the convenience store business.
Philippine Seven Corp. is investing heavily to establish a footprint in Visayas in line with improving its nationwide market share, its top official said Tuesday.
Australia's popular all-in-one Crumpler bags are making inroads in Thailand amid fierce competition from brand-name fashion products.
Thailand's first Crumpler bag shop opened in CentralWorld earlier this month, after months of preparations in the middle of the anti-government protests.
After Bangkok, the Melbourne-based brand plans to open more shops in China, Japan and South Korea, according to David Roper, a co-founder of Crumpler.
Hong Kong remains an attractive destination for international retailers but fewer luxury brands are entering the market while more mid-tier brands are expanding there.
Leading US coffee chain Starbucks remains optimistic about premium coffee demand in Thailand, aiming to double its store count to 400 over the next five years in the face of fierce competition.
Murray Darling, managing director of Starbucks Coffee (Thailand) Co, said at least 30 new Starbucks stores will open each year during 2014-18 in Thailand, the fastest rate in ASEAN.
The company expects to reach 400 stores there by 2018.
Parkson, a premium fashion and lifestyle department store, has finally arrived in Jakarta, opening its doors last week at the upscale Lippo Mall Puri, St. Moritz, in West Jakarta.
Parkson is operated in Indonesia by Tozy Sentosa, which also operates Centro department stores at malls such as Plaza Semanggi.
Country Road has lifted both its annual sales and profit but remains unclear about whether the Australian retail mogul Solomon Lew will sell his stake in the fashion chain.
The retailer's sales rose 8 percent to AUD849.6 million (USD794.5m) and its pre-tax profit more than doubled in the 2013/14 financial year.
A giant Japanese shopping mall officially opened on Monday in Phnom Penh in the presence of Cambodia's leader and Japan's foreign minister.
At the inauguration of Aeon Mall Phnom Penh, Prime Minister Hun Sen noted it is the first modern mall of international standard to be built in Cambodia.
Starbucks has begun to see more widespread success in China by replicating one of their highly proven business models. By opening stores in close proximity to each other – a strategy the brand uses often in American neighbourhoods – the company has managed to attract more business than usual.
The Mall Group, Thailand's number two retail chain, earmarked THB1.2 billion (USD36.9 million) for second-half marketing activities to drive 2014 sales to reach its THB50-billion target.
Executive vice-president Chamnarn Maytaprechakul said the group would separate marketing teams to handle campaigns for Siam Paragon, The Emporium and The Mall shopping malls, effective next month.
Having a specific marketing team will enable it to better understand customers and offer proper services, products and activities to match target buyers for these three retail stores.
Qeelin, a Hong Kong-based high fashion jewelry brand has plans to double their mainland locations in China in just two years. The brand, which was bought by Kering in December 2012, will be debuting its first high-jewelry collection on 30 June. Guillaume Brochard, the cofounder and CEO of Qeelin disclosed to Women’s Wear Daily that Kering’s acquisition of the brand has proven very beneficial for both partners. “Joining Kering has allowed us to go further and faster, namely in the development of the collections,” he said.