Marriott International has announced agreements to open three new luxury resorts in Vietnam. This marks the debut of two new brands into Vietnam – Ritz-Carlton Reserve and The Luxury Collection. Additionally, Marriott also announced Vietnam’s third JW Marriott Hotel...
Retailer and variety store chain MINISO recently launched its first IP-themed flagship store at Margo City Store in Indonesia, featuring Sanrio characters. This store is the brand’s first of its kind globally. The move reflects MINISO’s commitment to...
Japanese furniture and home furnishings company Nitori has plans to invest THB 240 million (USD 6.6 million) in order to expand its furniture business in Thailand in 2024. It has been reported that Nitori intends to launch three more stores later in 2023 at Seacon...
In September 2023, Lotte announced the official opening of Lotte Mall West Lake Hanoi, a mega shopping mall that serves customers desiring to experience Korean products ranking from as K-food and K-culture. Located across a remarkable 354,000 square meters, Lotte Mall...
Giant Malaysia, also known as GCH Retail (Malaysia) Sdn Bhd, has unveiled plans to invest MYR 400 million (USD 105 million) to launch 50 hypermarkets across Malaysia within the next five years. This move aims to reinforce Giant’s market share in the Malaysian...
Asian technology-driven coffee chains are seeking to expand their presence in Singapore. Luckin Coffee, a Beijing-based brand that heavily incorporated technology, went public in New York in 2019, achieving a valuation of USD 4.2 billion within just two years of...
Flying Tiger Copenhagen, a Denmark-based retailer, is expanding its Southeast Asian development by launching its first physical stores in Indonesia and the Philippines. The company has recently inked a franchise deal with SSI Group to open its first shop in the...
Thailand’s retail industry is adopting advanced technologies to improve its operations, as Thai consumers are demanding a personalized retail experience. In a notable example, Lotus’s hypermarket recently joined True Digital to launch Lotus’s Pick & Go...
Paris Baguette Philippines Inc. today announced the signing of the master franchise agreement with Berjaya Food (International) Sdn. Bhd. (a subsidiary of Berjaya Food Berhad (BFood) and Middle Trade Inc., and Paris Baguette Singapore to introduce the South Korean...
Swedish clothing company H&M has announced that it will offer a selection of items for home furnishings at its flagship Orchard Road store in Singapore. Products will include bed linen, dinnerware, textiles and furniture. H&M Home, the home decor arm of the...
American food and beverage company PepsiCo is reportedly making a comeback in Indonesia with the construction of a snack factory in West Java. This move follows its separation from its local partner two years ago. The new factory, part of PepsiCo’s USD 200...
Woodpeckers Group, responsible for managing Llaollao’s Spanish Natural Frozen yogurt in Malaysia, has inked a 20-year franchise deal with Cha Thai International, bringing the Thai tea brand ChaTraMue to the country. Under the agreement, their intention is to...
