CentralFestival Archives - Inside Retail Asia

Skechers strengthens Thai foothold

US footwear brand Skechers has partnered with CRC Sports to accelerate its expansion in Thailand. Michael Greenberg, president of Skechers USA, described Thailand as a very promising market. Demonstrating its confidence in the country, Skechers plans to open 100 stores and become the market leader. In the fourth quarter, Skechers is due to open concept stores at CentralFestival Chiangmai, CentralFestival Hatyai and CentralWorld in Bangkok. Next year’s expansion plan will see Skechers op…

Central Pattana in expansion push

Thai mall developer Central Pattana plans to splurge on Southeast Asian expansions. Central Pattana says an investment worth 15 billion baht (US$468 million) will be spent on three new shopping malls in Malaysia, Indonesia and Vietnam within the next five years. “We see growth opportunities to invest in Southeast Asia as it become a single market,” said senior EVP for business development Wallaya Chirathivat. Meanwhile, its home market will get three to five new malls a year with an inv…