Topic
22 stories in this topic
Thai duty-free giant King Power Group plans to spend THB10 billion (US$290.4 million) for business expansion over the next five years. CEO Aiyawatt Srivaddhanaprabha says the budget will be used to open five branches in Thailand and overseas, bringing its…
Shanghai Airport Authority is seeking bidders for retail concessions at Shanghai Pudong International Airport Terminal 2 (domestic). It has 38 stores available covering a total of 3300 sqm, with multiple product categories up for tender. Likely bidders…
King Power, the Thai duty-free conglomerate, has bought a US$225 million (S$305 million) stake in Thai Air Asia, the country’s largest budget airline. The purchase allows King Power’s billionaire owner Vichai Srivaddhanaprabha to further tap into Thailand’s…
US accessories and lifestyle label Coach Asia is remodelling its duty-free and travel retail stores to tie in with its new “modern luxury” concept, and is planning further expansion in the region. The company says the aim is to provide a “warm and inviting”…
China’s Baidu Wallet has launched its mobile payment service in Thailand, on the eve of the traditional Thai new-year celebration Songkran. Part of the Baidu search-engine group, the digital payment service is now connected to more than 400 merchants in four…
Thai duty-free monopoly King Power mixes international brands with local products in its new downtown Phuket store opened this month. The new store’s design was inspired by the nearby Andaman Sea and uses dimensional depth and lighting to mirror the ocean.…
