Tag: Highlands Coffee

Retail Asia09/08/2023
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2min0
Apple Pay has arrived in Vietnam, enabling users to make contactless money transactions through an iPhone or Apple Watch. Vietnam is the third country in Southeast Asia to allow Apple Pay after Malaysia and Singapore. Several lenders such as MB Bank and Techcombank now support Apple Pay services at some establishments such as Starbucks, Phuc […]

Retail Asia15/08/2022
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2min0
Highlands Coffee chain lost VND19 billion ($812,069) last year, its first loss since 2014, VnExpress has learned. Its sales plunged by nearly 20 percent to VND1.7 trillion, which still made it the largest coffee chain in Vietnam, its earnings report, recently acquired by VnExpress, shows. It is not listed on the stock market, and typically such […]

Retail Asia27/06/2022
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2min0
Starbucks Vietnam will close its Hanoi outlet after eight years, following the closure of two locations in Vietnam last year. The Starbucks Lan Vien outlet in Hoan Kiem District will operate until June 30, the company said in a Facebook post. Last year, the coffee chain had closed another outlet in Hoan Kiem District and […]

Retail Asia08/11/2018
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3min0
Highlands Coffee reported sales of VND1.24 trillion ($53.23 million) last year making it Vietnam’s largest coffee chain in terms of revenues. The figure was four times that of Phuc Long’s, eight times that of The Coffee House’s and thrice that of Starbucks’. Founded in 2002 by a Vietnamese-American and sold to Philippine fast food giant […]

Retail Asia29/10/2018
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4min0
One of the largest beverage makers in the world is hoping to ‘capture’ Vietnamese taste with its new canned coffee product. Coca-Cola, one of the two biggest players in the Vietnamese carbonated beverages market, has entered the canned coffee market with Georgia Coffee Max. Though Vietnam is the second largest exporter of coffee in the […]

Retail Asia30/07/2018
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2min0
Vingroup has opened its 55th shopping centre, The Vincom Center Landmark 81 mall, in Ho Chi Minh City’s Binh Thanh district. The 50,000sqm shopping centre occupies six of the skyscraper’s 81 storeys, housing 100 domestic and international brands in cosmetics, fashion, F&B, and entertainment. Fashion brands include Versace Jeans, Calvin Klein, Adidas, Tommy Hilfiger, Lacoste, […]

Retail Asia17/02/2017
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1min0
Philippine-headquartered quick-service restaurant chain Jollibee Foods income jumped 24.6 per cent to 6.14 billion pesos (US$123.26 million) last year, thanks to aggressive store openings. Jollibee says it opened 340 outlets across nine brands – its biggest expansion in a single year – of which 243 stores were in the Philippines. Including JVs, such as Smashburger […]

Retail Asia22/12/2016
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Filipino restaurant company and global fast-food chain Jollibee Foods Corporation (JFC) has opened its first Canadian outlet, Jollibee Winnipeg. With 35 stores already in North America, it plans to continue its march into Canada with three more outlets next year, at Winnipeg Northgate, Scarborough, and Mississauga, to be followed by Edmonton in 2018. In the […]

Retail Asia24/11/2016
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Jollibee Foods Corp’s subsidiary JSF Investment and its partner Viet Thai International plan to list the Highlands Coffee business on the Vietnam stock exchange. According to the announcement, Super Foods, the company owns 51 per cent of Highlands Coffee brand, will be listed publicly by July, 2019. The exact stake of the IPO has yet […]

Retail Asia23/11/2016
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3min0
Jollibee Foods has reported  13.8 per cent global sales growth in its nine-month net profit as sales soared to P4.39 billion (US$88.2 million). Most of the Jollibee profit growth came from the domestic market where sales rose 16 per cent year-on-year, with the expanding offshore business returning 6.4 per cent growth. During the third quarter, […]

Retail Asia02/11/2016
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2min0
Jollibee Foods (JFC) has opened the 991st branch of its flagship brand Jollibee in the Philippines, in the Ma-a area of Davao. It marks the start of its countdown to its 1000th store, to be unveiled in the first quarter of next year. Its expansion is spread around Cebu, Luzon and Metro Manila “so all […]

Retail Asia23/08/2016
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2min0
Jollibee Hanoi has opened its fifth outlet, taking its Vietnam store count to 81. “The outlet in To Hieu St in Cau Giay district is a key, strategic location for us to serve customers,” Tran Ngoc Hoai Thuong, PR manager at Jollibee Vietnam, said in an interview. Earlier, Jollibee Vietnam announced plans to add 20 […]


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