Robinsons Retail Holdings Archives - Inside Retail Asia
Dairy Farm restructures as food fuels solid sales growth
“Underperforming” subsidiaries and rising rent and labour costs are disturbing the chairman of Hong Kong-listed multinational retailer Dairy Farm International.
Dairy Farm restructures as food fuels solid sales growth
“Underperforming” subsidiaries and rising rent and labour costs are disturbing the chairman of Hong Kong-listed multinational retailer Dairy Farm International.
Robinsons Philippines profit surges
Robinsons Philippines says its net income rose 39.1 per cent to P781 million (US$17.5 million) in the first quarter of 2015.
Costa confirms Philippines foray
UK’s Costa Coffee has partnered with Robinsons Retail Holdings to enter the Philippines. With stores already located in Singapore, Thailand and Cambodia, the move into the Philippines expands its presence in Southeast Asia, with the first store planned to open in Manila early next year. “We envisage a significant store opening program over the coming years, which will provide further employment opportunities and a stable infrastructure to continue our growth in the Southeast Asia region,” …
SM plans e-commerce foray
The Philippines’ SM Investments Corporation plans to launch an e-commerce business in two years to target shoppers at home. “If we can’t bring them into the store, then (we’ll) go to the house and sell them,” said chairwoman Teresita Sy-Coson. She said e-commerce would be an additional channel and not replace its traditional retail focus. Its decision to sell online has been also triggered by the intensified competition with Robinsons Retail Holdings which is continuously expanding. …
Robinsons takes over Shiseido, Benefit chains
Filipino retailer Robinsons Retail Holdings is to operate Shiseido and Benefit stores in the Philippines. The company says its subsidiary, Robinsons Specialty Stores, has acquired Beauty Skinnovations Retail, which operates eight Shiseido and two Benefit stores in the country. Shiseido is a Japanese cosmetics company, Benefit an American beauty brand. “The acquisition includes the right to sell Shiseido and Benefit cosmetics products under a distribution agreement with Luxasia Inc, a le…
