Reporting and analysis on retail, e-commerce, and consumer trends in Thailand, updated continuously by our newsroom.
Thailand’s Central Group has made three major overseas investments totaling US$662.7 million to build its presence in world-leading tourist destinations. The new investment properties are located in Vienna, Osaka and Turin. “Central Group continues to embark…
The Pomelo Bangkok network is growing fast as the omnichannel fashion-tech brand opens an outlet in Central Rama 3, with two more planned this year. The second of its slated store openings in the last quarter of this year, the launch follows the opening of…
Bangkok’s IconSiam has won four first prizes at the International Council of Shopping Centers’ (ICSC) Asia Pacific award program. That sets a record for the highest number of first prizes in the awards program history. IconSiam was named Best New Development,…
Japanese casual wear retailer Uniqlo plans a four-fold increase in its Southeast Asian store count during the next decade. Tadashi Yanai, chairman, and CEO of the firm’s parent company Fast Retailing said in an interview with Nikkei that Uniqlo is seeking a…
Thai beauty retailer KIS opened its first store in Bangkok just last month and is already planning 30 more across the city. The chain has been created to capitalize on the continuously growing number of millennials, who tend to be frequent buyers of beauty…
Consumer electronics firm Oppo Thailand has opened a flagship at the Emquartier Mall in Bangkok The store was launched by Oppo Thailand executive VP Khun Chanon Chirayakul and The Emporium Group senior VP Manathet Annawat, who announced the brand’s intentions…
British fashion house Burberry in Thailand has opened a new store in Bangkok. The new venue, which features a fresh interior concept by designer Riccardo Tisci, is located at Central Embassy Mall. Burberry says the store’s design unveils a color palette of…
Financially struggling Thai Airways is eyeing 8% in passenger growth by year’s end as it plans to launch new routes. Nond Kalinta, Vice President of Sales at Thai Airways International Public Company Limited (THAI) told the media the airline’s financial…
Nok Air, a loss-ridden budget airline, has pledged to implement plans to revive its business, increasing income and overhauling flights to prevent delays that have damaged the carrier’s image. The turnaround is set to start in the final quarter this year,…
Louis Vuitton in Thailand has unveiled a new store in Phuket, its first store outside the capital city of Bangkok. Located in Central Phuket mall, the new boutique features unique interiors as the brand wants to embrace local elements and yet keep its…
The campaign encourages people to throw their electronic waste like old AC adaptors, old mobile phones, power banks, broken devices and others into e-waste bins which are equipped with IoT technology to collect and get rid of e-waste. The CEO of AIS, Somchai…
Ms. Kattiya Indaravijaya, President of KASIKORNBANK, said Thai economic activity in the third quarter of 2019 continued to see few supports, after growing by 2.30% in the second quarter of 2019. The Thai economy showed signs of strength in the third quarter…
Supermarket chain Big C has opened its first store in Cambodia. The firm has opened on a more-than 2ha site in Poipet, a booming town on the Thai/Cambodian border, with a reported investment of US$6.8 million and offering more than 1200 jobs. A statement on…
Amidst growing investor interests in firms focussed on Southeast Asian consumers, Thailand, and the Philippines are seeing a pick-up in initial public offerings (IPOs). Thailand is expected to shine next year, says Credit Suisse. Although Singapore still…
KBank has announced its successful issuance of USD denominated subordinated notes (the “Notes”) with a USD800 million offering that were oversubscribed four times. Such high oversubscription rate reflects the international investors’ confidence in KBank. It…
Fashion-tech brand Pomelo plans to launch 100 additional Pomelo Partner stores by December on the back of a US$52 million Series C fundraising. The brand is intending to solidify its omnichannel retail presence in Asia, starting with Thailand. Pomelo Partner…
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