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782 stories in this topic
Costco, the multi-national corporation recognized for its warehouse club model, has embarked on an exciting new venture in China. Costco has launched an online flagship store on JD, one of China’s largest online retailers, thereby marking a significant point…
Renowned sports apparel and goods company, Salomon, has announced the appointment of Vincent Du as the new senior Vice President and General Manager for their Greater China division. Du’s appointment is seen as a strategic move, considering his extensive…
Banu, a premier hotpot brand originating from Mainland China, has broadened its horizons by launching its very first establishment in Hong Kong. Established in 2001, Banu has seen rapid expansion, operating over 200 outlets across Mainland China. The brand’s…
Luxury fashion retailer Moncler has reported a strong momentum in sales growth, driven predominantly by its expanding presence in Asia. Strong Performance Across Moncler and Stone Island Brands The first half of their financial year saw a significant rise in…
Luckin Coffee, the largest cafe chain in China, has bolstered its presence in Malaysia by establishing three new outlets in the city of Johor Bahru last July. The first two branches were launched at Sutera Mall and Austin Heights early in the month, followed…
Seafolly, the renowned Australian swimwear brand, has officially entered the Chinese market, marking another significant milestone in its ongoing global expansion. This move trails closely behind the brand’s recent launches in the United States and the United…
Every Half, a Vietnamese coffee chain, recently raised $8 million in a Series A funding round with participation from current investors Openspace Capital and DSG Consumer Partners. This funding will be utilized to fuel the company’s expansion across Vietnam,…
Swedish furniture giant, Ikea, anticipates a substantial increase in its investment in India, aiming to reach a total of US$2.2 billion by 2030 as part of its aggressive expansion strategy. Doubling Investments Patrik Antoni, the CEO of Ikea India, revealed…
Vicca Ng has been appointed as the Chief Operating Officer (COO) of Hextar Retail, a Malaysian retail conglomerate. Ng’s new role takes effect immediately and she will continue to supervise the group’s retail operations, in addition to serving as an executive…
Next month, the renowned American burger establishment, Five Guys, is all set to launch in Beijing. This event signifies the continued expansion of U.S. restaurant brands in China, undeterred by the escalating competition in the market. Five Guys plans to…
Renowned Thai retailer Jaspal has announced the appointment of Damien Corcoran as their new Chief Executive Officer with immediate effect. Corcoran boasts an impressive background in international leadership, with extensive experience in retail and consumer…
Luxshare Precision Industry, headquartered in China, announced on Tuesday that its Hong Kong listing has been priced at the upper limit of its target range, resulting in the raising of approximately HK$24.27 billion (US$3.09 billion). The Apple supplier,…
Hotel101 Global, a venture supported by Jollibee Foods founder Tony Tan Caktiong, is marking its expansion into Thailand with an investment of US$200 million. This investment is aimed at the development of three new hotels in Southeast Asia’s top tourist…
Domino’s Pizza China has made significant strides in expanding its presence across the country, with its total number of outlets now reaching 1550. This was achieved through the addition of 235 new stores during the first half of the year, a move that has led…
TheVenti, a leading coffee chain from South Korea, has recently announced its introduction to the Philippine market in partnership with JJR Brothers, a local distributor of food and beverages. Known for its large 20-ounce servings, TheVenti was established in…
Harlan + Holden, a lifestyle and coffee brand, is reportedly close to finalizing a funding round estimated to be around US$12 million. This capital injection is intended to propel the brand’s expansion strategy across Southeast Asia. Harlan + Holden: From…
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