EY casts doubt over Parkson Retail’s ability to trade as a going concern
Parkson Retail Asia’s auditor Ernst & Young says the department-store chain may not be earning enough to continue trading as a going concern…
Vietnam fashion house Icon Denim to expand abroad
Vietnamese fashion label and retailer Icon Denim is set to expand its store network in Southeast Asia, marking its first foray outside Vietnam.…
Grab expands grocery-delivery service into eight SE Asian markets
Grab has expanded its grocery-delivery service GrabMart into eight Southeast Asian markets within the last three months. Initially launched in two countries as…
How H&M got glocal in Asia
‘Glocalisation’ is a trend retail chains have been embracing for more than a decade. It’s the art of fostering a local appeal to…
Vietnam’s rapid retail recovery melts Covid-19 gloom
Vietnam retail and service revenues surged by 5.3 per cent in June over the same month last year – and by 6.2 per…
South Korea’s SMTown Cafe opens first store in Vietnam
South Korean chain SMTown Cafe is to open its first Vietnam store in Ho Chi Minh City. Besides coffee and snacks, the cafe…
QSR chain Pepper Lunch sold to investment fund J-Star
Japanese restaurant operator Pepper Food Service is selling its profitable Pepper Lunch chain to J-Star investment fund for US$79 million. According to a…
Parkson to give up on full-scale stores in Vietnam
Malaysian department-store operator Parkson is to quit operating full-scale stores in Vietnam after years of losses. At one stage the company had 10…
Massive fake luxury goods ring shut down in Vietnam
Government authorities have raided a warehouse storing thousands of fake luxury goods in Lao Cai City, northern Vietnam, which were being sold online.…
English
French
German
Italian
Russian
Spanish
Thai