Vietnam Latest News - Inside Retail Singapore

Owndays

Owndays plans 500 stores across Asia after capital injection

LVMH-back private equity fund L Catterton Asia has partnered with Mitsui & Co to take an unspecified stake in Owndays.

Parkson

Another loss for Parkson Retail Asia

Struggling department store operator Parkson Retail Asia has hinted it may close further stores as it posted yet another loss.

Luxasia

Luxasia Vietnam targets millennials

Luxasia Vietnam is already offering 20 brands, with more to come.

Miniso

Tencent and Hillhouse Capital invest in Miniso

Tencent and Hillhouse Capital have invested RMB1 billion (US$146 million) into fast-growing Chinese discount retailer Miniso.

Costa coffee

Coca-Cola to pay US$5.1 billion for Costa Coffee

Coca-Cola has agreed to buy UK cafe chain Costa Coffee from listed hotel operator Whitbread for US$5.1 billion.

Parkson Vietnam

Parkson Retail Asia posts loss as sales dive in Vietnam

Vietnam operations continue to be at the bleeding edge of Parkson Retail Asia’s ongoing losses.

La-Lola

Philippines’ Salad Stop and La Lola Churreria restaurants to go global

Philippines private equity firm MFT Group is investing US$3 million to expand its Salad Stop and La Lola Churreria restaurant brands overseas.

BUSAN, SOUTH KOREA - MAY 25, 2017: close up shot of a Uniqlo sign at Lotte Mall in Busan. Uniqlo Co.

Uniqlo Southeast Asia network will double

The Uniqlo Southeast Asia and Oceania store network is set to double by 2022 to about 400 stores.

Potato Corner

Potato Corner launches in Singapore

Filipino fast food chain Potato Corner has launched at Somerset Mall in Singapore.

Philippe Le-Bretton Regional GM SE Asia at Puma

Puma chief talks about fakes, fast product cycles and a foray online

Puma is on a roll. Southeast Asia GM explains the secrets to the brand’s success in the region.

Happy shopper

Asia’s large format retailers set for steady growth

Global research organisation IGD has reported that Asia’s large format retailers are set to grow 3.3 per cent a year to 2022.

7 Eleven SIngapore

Dairy Farm restructures as food fuels solid sales growth

“Underperforming” subsidiaries and rising rent and labour costs are disturbing the chairman of Hong Kong-listed multinational retailer Dairy Farm International.

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