Burger King, the renowned American fast food titan, has shuttered all its outlets in Hanoi, marking the end of over a decade-long presence in the city and simultaneously narrowing its footprint in Ho Chi Minh City. Shutting Down Operations Imex Pan Pacific…
The renowned Chinese hotpot restaurant chain, Haidilao, announced that it generated over US$93.9 million in revenue from its operations in Vietnam in 2025, marking a 7% increase from the previous year. This solid performance propelled Vietnam to become…
TikTok, the renowned Chinese social media platform, has pledged an investment of $125 million in Ho Chi Minh City. The funds are intended to boost logistics services, digital commerce, and digital payment systems in the bustling Vietnamese metropolis. Pledged…
For the second consecutive year, Chinese hotpot chain Haidilao has earned the title of “the world’s strongest restaurant brand” after experiencing a robust double-digit increase in value. The brand’s worth rose by 16% to reach $3.6 billion, propelling its…
Swiss sportswear label, On, has unveiled its inaugural standalone shop in South Korea, furthering its direct-to-consumer reach within the nation. Strategically Located in Seoul The store, nestled within Seoul’s Hannam district, signifies On’s maiden…
The popular Chinese milk tea franchise, Chagee, will be making its first appearance in South Korea during this quarter. Three branches of the chain will be opened concurrently in the districts of Gangnam, Yongsan, and Sinchon in Seoul. This move is part of…
Swiss sportswear brand On has recently unveiled its grandest flagship store to date. This store is located at Shenzhen MixC World, China. This move is part of the brand’s ongoing effort to expand its retail footprint in one of its most rapidly expanding…
Beams, a prominent fashion and lifestyle retailer originating from Japan, is gearing up to establish a flagship store in Los Angeles, significantly expanding its influence in the US market. Expanding Retail Space This new retail location will cover…
Thai retail powerhouse CP Axtra has secured a deal to acquire the Malaysian supermarket operator, The Food Purveyor, for a sum of US$421.6 million. The Food Purveyor’s Market Presence The Food Purveyor boasts a wide range of premium grocery brands under its…
Thai-based beauty retailer, Konvy, has made its physical debut in the Philippines by opening its inaugural flagship store in Robinsons Galleria, Pasig City. Konvy established its roots in the beauty industry in 2012, initially operating as an e-commerce…
South Korean coffee powerhouse, The Venti, has recently entered into a strategic master franchising agreement with JKT Networks. This strategic partnership aims at further expanding The Venti’s presence into the Middle Eastern market. First Steps Into the…
The renowned French fashion brand, Lemaire, continues to expand its retail footprint in Greater China with the inauguration of its flagship store in Shanghai, located in the historic Wukang Road area. This latest retail venture signifies the brand’s ongoing…
Golden Goose, an Italian luxury sneaker manufacturer, announced on Friday that HSG, previously known as Sequoia Capital China, has become its main shareholder. The Chinese private equity firm acquired its stake from the current owner, Permira. Additional…
UK-based sports merchandise giant, Sports Direct, has marked its debut in the Philippine market through a collaboration with Map Active, a sports and lifestyle retailer. The Inaugural Store The first ever Sports Direct store, situated at Ayala Malls Manila…
Iicombined, a Korean lifestyle conglomerate, has broadened its retail footprint by launching its multi-brand initiative, Haus Nowhere, in Bangkok, Thailand. Situated on IconSiam’s M floor, the store introduces two major brand flagships. One is the inaugural…
Anta Sports Products, a prominent Chinese sportswear manufacturer, is reportedly considering the acquisition of German sportswear brand, Puma. It’s understood that Anta, listed on the Hong Kong stock exchange, is currently working with an adviser to examine…