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V3 Group, which owns brands such as Osim and TWG Tea, has filed for an initial public offering (IPO) on the main board of Hong Kong’s stock exchange. V3 Brands Asia, an investment holding company wholly owned by V3 Group – made an application to the Hong Kong…
TWG Tea is expanding its digital footprint with more than 20 new online stores scheduled to open this year. TWG Tea’s online stores will be rolled out across Asia Pacific, North America, and Europe on third-party marketplaces, including Amazon, Zalora, and…
Tea WG has announced its launch in Europe in conjunction with its 10th anniversary. The luxury tea brand will open two Tea WG Salons & Boutiques in London at Knightsbridge and Leicester Square, achieving the distinction of being the first luxury tea brand to…
Stephen Twining, a member of the 10th generation of the family that has churned out the premium tea for 310 years, was at the official launch in Myanmar on August 5. He said Myanmar offered a opportunity for high growth, with a large tea-drinking population.…
Three years after the Japanese luxury department store chain announced plans to enter Saigon, Takashimaya Vietnam opened its doors at the weekend. As the anchor tenant of downtown Ho Chi Minh City’s Saigon Center, Takashimaya takes up a whole five floors…
Health appliance retailer Osim says its core business is helping it maintain stable gross margins in a retail market it described as “soft” throughout the region. Osim’s core is its 546-strong chain of Osim branded stores in 23 countries, which sell…
Singapore based lifestyle products retailer Osim says trade across all its core markets were soft in the last three months. “This has been another challenging quarter,” the company said, declaring sales of SG$159 million and a profit of $29 million. “Despite…
In just seven years, Singapore tea house chain TWG has expanded from a single cafe to a network of 44 spanning 15 countries. From three employees to 3000. In an interview with Channel NewsAsia for its Women at the Top series, TWG co-founder Maranda Barnes…
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