Thailand Latest News - Inside Retail Asia
Sundae Kids launches line focusing on gender equality
Thailand’s illustrator couple, Sundae Kids, has launched a fashion line contributing to gender equality.
King Power Thailand sales plunge 50 per cent
Thai duty-free retailer King Power is anticipating a drop in sales revenues of 50 per cent in the wake of the coronavirus pandemic.
Opening date revealed for Apple Thailand’s second Bangkok store
Apple Thailand’s second retail store in Bangkok will open at the CentralWorld shopping centre this month.
Off-White opens in Bangkok’s EmQuartier
Italian luxury fashion label Off-White has opened a new monobrand store in Bangkok’s EmQuartier shopping centre.
Tops unveils new supermarket format in Bangkok
Bangkok’s Tops Market Westgate has undergone a major renovation designed to position the supermarket as the “most complete premium lifestyle supermarket in Thailand”.
Lazada helps Asia’s malls go online after virus upends retail
Clobbered by the crushing effects of the coronavirus pandemic, thousands of retailers from Bangkok to Singapore have rushed to set up online shops on big e-commerce platforms to stay afloat this year.
Dean & Deluca owner bids to buy back business it bankrupted
Thailand’s Pace Corporation, the firm responsible for bankrupting gourmet grocery business Dean & Deluca earlier this year, has bid US$10 million to buy back the firm.
Central Retail Vietnam revenues surpass US$1.1 billion after rapid expansion
Thai retail conglomerate Central Group is targeting significant expansion to cover 90 per cent of Vietnam’s provinces within five years via subsidiary Central Retail.
KFC Thailand for sale
A slice of KFC Thailand is being considered for sale by franchise owner Restaurants Development in a deal that could net $200 million.
QSR chain Pepper Lunch sold to investment fund J-Star
Japanese restaurant operator Pepper Food Service is selling its profitable Pepper Lunch chain to J-Star investment fund for US$79 million.
Havaianas invests $US50 million in Asian expansion plan
Undeterred by the advent of Covid-19, Brazilian flip-flop brand Havaianas is investing US$50 million into expansion of its retail footprint across Asia-Pacific between now and 2024.
Asia-Pacific luxury-goods market tipped to shed US$2.1 billion this year
The Asia-Pacific luxury-goods market is projected to sink by US$2.1 billion this year as consumers switch from big-ticket items to affordable luxury.