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Aesop, the well-known Australian cosmetics brand, has recently expanded its presence in Bangkok by opening its fourth boutique at Central Chidlom. Inspiration & Design This new boutique boasts a unique design, unlike any other. Aesop’s own in-house design…
Thailand’s Central Retail Corporation has announced it will double the number of its Vietnam stores with its largest ever local investment of 50 billion baht (US$1.45 billion). The chain’s number of stores will jump to over 600 in 57 of 63 cities and…
Mr. Yol Phokasub, Chief Executive Officer of Central Retail Corporation PCL (CRC), announced “Central Retail has achieved success hitting record-high in Q4/2021 performance, with a revenue of THB 58,765 million +15%. EBITDA THB 8,031 million +42% and a net…
Thailand’s Central Retail Corp. plans to invest 100 billion baht ($3 billion) over the next five years in a bid to become a top Asian retailer and more than double its revenue and profit. The new investment will help Central Retail grow its revenue by 2.5…
Thai group Central Retail says it achieved 90 percent of its pre-Covid sales performance in the March quarter, the result of what CEO Yol Phokasub described as “thriving on steadily regaining balance” during a time of challenges and uncertainties”.…
Thai retail conglomerate Central Group plans to cover 90 percent of Vietnam’s provinces within five years via subsidiary Central Retail. Central launched in Vietnam in 2012, initially with fashion merchandising before taking stakes in local electrical…
Thai supermarket Central Food Hall has begun using UV-C Disinfection Robots to sterilize stores in a move to combat coronavirus transmission. The firm is the first supermarket in the region to implement disinfection robots, certified by the WHO and CDC to…
Thai retail property developer Central Pattana is to waive rent for tenants affected by the government’s shutdown order. The company said in a statement that it will waive the rent for tenants who have been ordered to shut by authorities and offer rent…
Central Group subsidiary Central Retail Corporation, aims to raise up to THB81.1 billion (US$2.7 billion) in an initial public offering (IPO), which will be Thailand’s largest yet. Central Retail’s IPO price will range between THB40 to 48 per share. The…
Makeup superstore Sephora has confirmed its widely anticipated return to Hong Kong in physical store form. The LVMH-owned cosmetics retailer will sublease a 4000sqft space in the Zara store at IFC Mall in Central, nine years after it closed its last store in…
YSL launched a limited store for Valentine’s Day 2019 in Central, Hong Kong, featuring on WhatsApp sticker, photo booth, and games. Obviously, pink and cosmetics are many girls’ favourite. So pink lovers will fall in love with YSL latest limited pop-up store…
Central, Hong Kong’s frenetic business and retail heart, crammed with skyscrapers, swanky malls and luxury hotels, is the most expensive district for renting office around the world. Although the office rent in Hong Kong’s Central district is already the…
The JD Thai JV with Central Group has been formally launched this week under the brand JD Central. “Our partnership with Central Group – a one-of-a-kind union between China’s biggest retailer and Thailand’s strongest retail player – will provide Thai…
Next month’s Consumer Goods Forum to be held at the Marina Bay Sands will feature a ‘who’s who’ of international retail leaders. This year marks the first time in a decade the event is being held in Asia. Running from June 12-15, it is themed Consumer…
Hermes Asia sales grew 11.3 per cent last year to €1.946 billion (US$2.4 billion) as the luxury retailer set a new record for gross retail margin. The company said the retail market was improving in Hong Kong and Macau, with the Asian market “pursuing its…
Spurred by a rising middle class and influx of international retailers, Vietnam retail sales hit a record US$129.6 billion last year. This was growth of 10.9 per cent over 2016, according to the Vietnam General Statistics Office (GSO). Vietnam’s largest real…
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