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38 stories in this topic
The Ferrero Group, an international confectionery company, has confirmed its plans to acquire Purely Elizabeth, a wellness brand from the U.S. that has gained significant recognition in the health-conscious food sector. The move by Ferrero is aimed to further…
Allianz Global Investors (AllianzGI) is set to acquire UOB Asset Management (UOBAM), the asset management division of Singapore’s United Overseas Bank (UOB). This acquisition will notably augment AllianzGI’s influence in Southeast Asia and provide broader…
Misto Holdings has significantly broadened Fila’s retail presence in Malaysia with the launch of four new stores in the first half of this year. This expansion has increased the brand’s footprint in the country to a total of 14 locations. Strategic Expansion…
Tim Ho Wan, under the ownership of Jollibee Group, is set to expand its retail footprint in Taiwan by doubling its store count from 16 to 32 by 2030. This growth strategy will be spearheaded by Hoyii Life, Tim Ho Wan’s Taiwan franchise partner, in line with…
Bank of America has broadened the remit of Markus Meier, appointing him as the Head of Equity Capital Markets (ECM) for Germany, Austria, and Switzerland. This expanded role builds on his previous responsibilities in Germany and Austria, with the addition of…
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…
American fast-food chain Chick-fil-A is set to expand its footprint in Singapore with the inauguration of its second restaurant, located at Millenia Walk, on July 30th. This new establishment forms part of the company’s strategic growth plan following its…
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…
Renowned Italian jewelers Buccellati have recently expanded their presence in the Asia-Pacific region with the inauguration of their largest store in Thailand. The store, situated on the M Floor of Siam Paragon in Bangkok, signifies the brand’s debut in the…
Marks & Spencer (M&S), the iconic British retailer, has recently announced a continuation of its operations in the Philippines. This is possible due to a fresh franchise agreement with PT Mitra Adiperkasa Tbk (MAP), an Indonesian retail giant. MAP has had a…
South Korean fashion marketplace, Musinsa, is advancing its business strategy in China by launching on Tmall Global, the cross-border e-commerce platform owned by Alibaba Group. This step builds upon Musinsa’s initial foray into the Chinese market last year…
Thai shoppers can now enjoy the elegant and sculptural designs of Alaia, as the brand has expanded its Southeast Asian presence by opening its inaugural boutique in Bangkok. The luxury retail venue, Central Embassy, is host to the new store. The boutique…
Eternal Beauty, a leading perfume conglomerate in China, is on a rapid expansion spree. The group recently announced the opening of four new stores in Beijing, Shanghai, and Shenzhen. Eternal Beauty, which is listed in Hong Kong, specializes in the…
Italian lifestyle label Diesel has upgraded its flagship store in Osaka, Japan, shifting to a more prominent location as part of its strategy for enhanced visibility in the city. Store Relocation and New Design Theme Diesel’s new Osaka home is situated in…
The retail sector in Singapore experienced further growth in March, building on the momentum gained in February. The Department of Statistics reports a 3.3% year-on-year increase in retail sales for March, not counting motor vehicles, parts, and accessories.…
Miniso, a major retailer in Asia, is intensifying its expansion efforts in Southeast Asia as it introduces its “Miniso Friends” concept in Singapore and Vietnam. This development forms part of a more extensive strategic shift towards experiential and…
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