Hit with a 15 per cent sales slump since the introduction of GST in Malaysia, embattled department store operator Parkson is set to enter new categories – gourmet food, supermarkets, beauty – and import new fast fashion brands. The company has invested RM100…
Occupying a luscious spot on the confluence of the Mekong, the Bassac and TonléSap, Phnom Penh is a city that has witnessed extreme ups and downs. Discover an enigmatic kingdom of fabled pagodas, thriving local markets, sweeping French boulevards and eclectic…
A new US$60 million, seven-story shopping centre is to be built in downtown Phnom Penh, the capital city of Cambodia. Olympia Plaza will be built by Overseas Cambodia Investment Corporation (OCIC), to be located inside its mixed-use Olympia City project in…
“The move is to drive Ascend, both iTrueMart and Weloveshopping, to be the e-commerce market leader in the AEC by 2018,” Punnamas Vichikulwongsa, president of Ascend Group, said yesterday. According to Euromonitor 2015, the report of Euromonitor…
Kahala Brands has appointed a master franchisee for Cold Stone Creamery Cambodia, with the first store set to open in six months. Over the next five years, 13 Cold Stone Creamery locations will open in Cambodia, the first scheduled for the capital city Phnom…
Tokyo-headquartered Owndays will open its first stores in Thailand and Cambodia in October. The retailer, which produces and sells fashionable and trendy eyewear, already operates 130 shops in Japan, Singapore, Taiwan and China. It plans to open 100 new…
Starbucks Coffee Company is set to open its first location in Cambodia by the end of 2015, making the country its 16th market in the fast-growing China/Asia-Pacific (CAP) region. The store opening is made possible through its licensing agreement with Coffee…
Japan’s Aeon is to build a second shopping mall in Cambodia’s capital city Phnom Penh. The news was revealed on the first birthday of Aeon’s first Cambodia mall, which it says has attracted 15 million visitors. The new mall will be built about 10km north of…
Smartphone maker Huawei says its determination to concentrate on Southeast Asia is already bearing fruit. With the profitable Southeast Asia regional launch of the Huawei P8 and wearable units in Bangkok Thailand in late Might, Huawei is retaining the…
Today, BoF can exclusively reveal that luxury travel retail company DFS is set to open an 8,000-square-metre retail complex near the world heritage site of Angkor Wat in Cambodia in 2016. Luxury travel retailer DFS is set to enter Cambodia in 2016 with a…
Lotus Foods, a global innovator in the production and marketing of specialty rice, joined the Business Call to Action with a commitment to increase the incomes of at least 3,000 farm households by 2017. The company is paving the way to market for smallholder…
Krispy Kreme has signed a development agreement with a master franchisor in Cambodia. The Express Food Group (EFG) will open 10 Krispy Kreme Cambodia shops over the next five years. “This agreement will further strengthen Krispy Kreme’s brand position…
Singapore foodservice operator Commonwealth Capital Group is to enter Cambodia with two F&B brands – Pastamania Casual Dining Restaurant and Gelatofix Italian Gelateria and Cafeteria. A franchise agreement has been signed between Commonwealth subsidiary…
Retail Academy: Cambodia
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