Inside Retail Asia breaking news, supplier information, product launches and consumer campaigns within the Thailand retail sector.
Thailand Latest News - Inside Retail Asia
Thailand’s illustrator couple, Sundae Kids, has launched a fashion line contributing to gender equality.
Thai duty-free retailer King Power is anticipating a drop in sales revenues of 50 per cent in the wake of the coronavirus pandemic.
Apple Thailand’s second retail store in Bangkok will open at the CentralWorld shopping centre this month.
Italian luxury fashion label Off-White has opened a new monobrand store in Bangkok’s EmQuartier shopping centre.
Bangkok’s Tops Market Westgate has undergone a major renovation designed to position the supermarket as the “most complete premium lifestyle supermarket in Thailand”.
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.
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.
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.
A slice of KFC Thailand is being considered for sale by franchise owner Restaurants Development in a deal that could net $200 million.
Japanese restaurant operator Pepper Food Service is selling its profitable Pepper Lunch chain to J-Star investment fund for US$79 million.
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.
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.