Mannings Archives - Inside Retail Asia
Dairy Farm Group has warned shareholders that its restructure will take five years to complete.
Dairy Farm Group profit fell to just US$92 million last year as the company took charges relating to the restructure of its ailing food business.
Poor trading by Dairy Farm International’s Southeast Asian grocery business hit the company’s bottom line last year.
Hong Kong-headquartered multi-format retailer Dairy Farm International has celebrated its 130th anniversary with a strong set of results.
Dairy Farm International Holdings says softer sales growth and steep cost increases led to weakened margins in the third quarter.
Hong Kong corporate retailer Dairy Farm International Holdings has take a strategic stake in one of the Philippines’ biggest pharmacy chains. Family-controlled Rose Pharmacy Inc was founded in Cebu in 1992 and now has 238 stores across the Philippines. In a brief statement, Dairy Farm said it intends to support the future growth of what is now a joint venture by broadening its consumer offering as part of the Group’s wider Health & Beauty portfolio. Dairy Farm owns the Guardian an…