Tom N Toms Archives - Inside Retail Asia

South Korean fashion chain Aland quits Hong Kong

South Korea fashion chain Aland has quietly exited the Hong Kong market, after shuttering its final stores.

Tom n Toms Hong Kong collapses, shutters all stores

Tom n Toms Hong Kong has shuttered all five of its stores after the South Korean coffee chain’s local franchise went into liquidation. Following news of its Myanmar expansion plans, the popular South Korean cafe eventually could not withstand the pressures on Hong Kong’s depressed retail market. Tom n Toms Hong Kong launched in 2016 and had outlets at Tuen Muen Town Plaza, Tsim T…

Tom n Toms Myanmar plans multi-city rollout

Tom n Toms Myanmar has opened two locations in Yangon so far, at the international airport and the Kantharyar Centre.

New Utu service streamlines rewards programs

Utu, a crossborder loyalty and rewards platform with its headquarters in Singapore, launches this month.

Korean cafes go upscale

Coffee chains in Korea are scaling up to meet increasingly demanding consumers. Setting the trend is Starbucks which recently launched a gourmet brand called Starbucks Reserve, selling coffees at 3000 won ($2.80), higher than at a regular Starbucks. The coffee giant has opened five Starbucks Reserves in the country, joining the 800 other outlets worldwide. Also embracing the trend is local cafe Tom n Toms which launched an upscale cafe called The Calypso in southern Seoul. Starbucks …

Korean coffee chain expands to China

Korean coffee brand Tom N Toms has partnered with Suning to expand into China. Tom N Toms plans to open up to 600 outlets across China with the first to debut in Nanjing in February. “Now that we have joined forces with one of China’s best-known private companies, we believe we can enter the Chinese market in an aggressive manner,” said Tom N Toms president Kim Do-kyun. “We plan to invest large sums in China so that we can grow our brand quickly while allowing Chinese customers to hav…