Japanese company istyle cosmetics is partnering with Siam Piwat to open @Cosme stores in Bangkok. The joint venture in which istyle holds 70 per cent is called istyle Retail Thailand and will operate five @Cosme stores in the country. The first Thai @Cosme…
Thai cash-and-carry brand Makro is set to build a large development in Siem Reap. The Council for the Development of Cambodia has approved the building of a Siem Reap commercial centre which will be anchored by Makro. Associate director of CBRE Cambodia James…
Thai 7-Eleven operator CP All has reported slowing profit growth, despite increased revenue. Net profit growth of 2.8 per cent was its weakest quarterly result in years, according to Thomson Reuters. Its net surplus was 4.78 billion baht (US$144.2 million).…
Danish jewellery manufacturer Pandora has announced it will cut 397 employees in organisational adjustments to align functions across the company and protect profitability. The proposed organisational changes are expected to reduce annual costs by around…
The retail industry is competitive, it’s relentless and the success of brands and retailers depends on how firmly they deal with their competition. One way to stay ahead of the curve is the incorporation of technology in a brand’s operating model. Technology…
In order to help combat the shipping and transport of illegal wildlife products, TRAFFIC, through the the USAID-funded Wildlife Trafficking Response, Assessment and Priority Setting (Wildlife TRAPS) Project, delivered a capacity building workshop in Bangkok…
Fashion label Ralph Lauren sales reached US$1.4 billion for the first quarter of this fiscal year, driven by sales in Asia and Europe. Ralph Lauren sales in Asia increased 19 per cent to US$248 million on a reported basis and by 16 per cent in constant…
The Vietnamese branch of Bangkok Bank has sought permission to lend more as it nears the 15 percent annual growth limit. Tharabodee Serng-Adichaiwit, senior vice-president and general manager of the Vietnamese branch, said the bank has adjusted its lending…
Japan’s largest factory outlet operator is considering opening a similar park in Thailand. The firm, Mitsui Fudosan Retail Management, is the developer of Mitsui Outlet Park, which attracts increasing numbers of Thai visitors each year. 120,000 Thai nationals…
The crocodile shifts to the South and chooses Bangkok as a prey. One week after the opening of its new space in Tokyo, the brand just inaugurated its latest travel retail outlet at the King Power Srivaree Duty Free Downtown Complex in Bangkok. Pursuing its…
American all-day breakfast restaurant chain Ihop Thailand has opened its third outlet, in the Mega Banga Mall. Located on the ground floor of the Foodwalk Zone, the new outlet spreads over 167sqm of interior space with an additional 92sqm of terrace, and can…
Thai authorities said today they have approved investment plans worth 29.63 billion baht (RM3.8 billion), including projects by two Japanese automakers to produce hybrid electric vehicles and batteries. Nissan Motor (Thailand), a unit of Nissan Motor Co will…
Japan-based e-commerce platform Inagora is teaming with Thailand’s CP (Charoen Pokphand) Group to boost its China business. The joint venture is also researching expansion into Southeast Asia. Inagora targets Chinese shoppers seeking Japanese goods. It boasts…
Bangkok retail rents rose in prime downtown locations in the second quarter, yet there was a decline in midtown locations, despite retailers migrating there. According to research from real estate specialist Edmund Tie & Company, occupancy rates in both…
CIMB Group Holdings Bhd’s 94.11%-owned indirect subsidiary CIMB Thai Bank PCL reported a 46.4% decline in net profit to THB191.2 million (RM23.2 million) for the second quarter ended June 30, 2018 against THB356.6 million (RM43.3 million) in the previous…
Bangkok-based budget hotel chain Red Planet has been rapidly expanding in Asia, responding to the growing number of new travelers in the region. Established in 2010, Red Planet has become one of Asia’s fastest growing budget hotel chain. It operates 30 hotels…
Retail Academy: Thailand
Free background guides on how retail works in this market.
A mature, highly organised retail market where a handful of groups control the best space, tourism moves the numbers, and convenience density is world-class.
Who the landlords are, how leases are structured, what drives rent, and how to choose a location in Thailand.
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