Inside Retail Asia breaking news, supplier information, product launches and consumer campaigns within the Vietnam retail sector.
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Southeast Asian e-commerce platform Shopee is partnering with Shiseido Asia Pacific to propel the growth of Japanese beauty products in Southeast Asia.
Uniqlo Vietnam is to open Ho Chi Minh’s second store this year despite the coronavirus outbreak.
Ho Chi Minh City authorities seized thousands of fake luxury goods at two famous local markets last week.
Giordano group sales fell 11.9 per cent last year to US$624.6 million with sales at physical stores falling by 9.6 per cent and to franchisees by 24.2 per cent.
Japanese retail giant Aeon Vietnam says it will invest US$2 billion expanding its presence across the country.
Southeast Asian smartphone sales rose last year, bucking the global trend, according to new data from market research house GFK.
Thailand’s Central Retail Corporation achieved 8 per cent revenue growth last year to US$7.1 billion and an 11-per-cent boost in profit to $394.7 million.
An aggressive online focus saw listed Thai lingerie retailer Sabina achieve 14.3 per cent sales growth last year.
Mos Burger in Vietnam will open its first store in Ho Chi Minh City later this year, with 10 outlets planned during the next htree years.
Apple China has reopened 10 more stores in China, as business begins to return to normal despite the ongoing coronavirus outbreak.
Vietnam’s share of US apparel imports has benefited as China’s share in the market is slipping in the wake of the Sino-US trade war.
Retail sales in Vietnam’s commercial capital Ho Chi Minh City were estimated at US$4.8 billion last month, up by 11.2 per cent year on year.