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Category: Food

Retail Asia13/02/2020
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Food

OUE buys Indonesia’s Maxx coffee chain

1min0
Singapore investment firm OUE has acquired a majority stake in the parent of Indonesia’s Maxx coffee chain, which also operates in Singapore. According to the agreement, OUE’s wholly-owned subsidiary Oddish Ventures will buy an 88.43-per-cent stake, worth US$23.1 million from two companies – Inti Anugerah Pratama and Ciptadana Capital – which own 45.64 percent and […]
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Retail Asia12/02/2020
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Food

Tealive appoints advisors for IPO

1min0
Malaysian bubble-tea chain Tealive parent, Loob Holding, has appointed advisors as it prepares for an IPO this year. Last year, the company said that it aimed to raise MYR300 million (US$72 million) for Malaysian IPO. According to The Malaysian Reserve, however, Tealive’s owner and the operator could raise MYR1 billion based on prior valuation, depending on the […]
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Retail Asia11/02/2020
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Food

Shake Shack Singapore opens second store

2min0
Burger chain Shake Shack has opened its second store in Singapore, in the city’s CBD. Taking over the Tiger Balm factory on Neil Road, the new Shake Shack Singapore store design was inspired by its vibrant Chinatown neighborhood and colorful Peranakan architecture. Designed by Singaporean artist Sam Lo, the store’s interior features a tiger mural […]
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Retail Asia11/02/2020
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Food

Cinnabon Hong Kong opens first outlet in Hong Kong

1min0
Cinnabon Hong Kong opened its first outlet last week, brought to the territory by franchisee Reach Out Philosophy Limited. Famous for its Classic Rolls and Bon Bites, the first Cinnabon Hong Kong store is located in Olympian City mall at Tai Kok Tsui. It joins more than 1200 franchise locations in the world. “We see a […]
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Retail Asia10/02/2020
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Food

LG robotic waiter serves food in Seoul restaurant

1min0
An LG robotic waiter has made its debut at a local restaurant in Seoul. The LG CLOi ServeBot comes with indoor autonomous driving technology and an obstacle avoidance system so it doesn’t crash into furniture, customers or colleagues. The robot is capable of delivering food to the table where customers are seated as well as […]
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Retail Asia10/02/2020
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Food

South Korean convenience stores in delivery-service battle

3min0
Competition among South Korean convenience stores over delivery services is heating up. One chain, GS25, recently launched delivery services from seven stores in Seoul in partnership with food-delivery service Coupang Eats operated by e-commerce giant Coupang. First of all, the South Korean convenience store company plans to implement delivery services through Coupang Eats at seven […]
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Retail Asia10/02/2020
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Food

Applebee’s to enter India

1min0
American grill bar & pancake chain Applebee’s will launch its first Indian location in Bengaluru this year. The brand will be established in the territory via a partnership with local operator Dine Brands International. “India is an important growth market for us,” said Dine Brands president – international Steve Joyce. “As one of the world’s […]
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Retail Asia07/02/2020
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Food

Yum China launches contactless delivery services

2min0
Yum China, which operates Chinese KFC and Pizza Hut networks, has launched a contactless food-delivery service. The move is a response to concerns about transmission of coronavirus between customers and delivery staff – but will also give confidence to consumers who are increasingly buying from food-delivery services to avoid public contact in supermarkets, shopping centers, […]
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Retail Asia06/02/2020
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Food

% Arabica expands in Indonesia

1min0
Japanese coffee chain % Arabica is launching four locations in Indonesia. The stores, scheduled to open in Jakarta and Bali next month, are the result of three years’ planning and were designed by German architect Alexis Dornier. According to an Instagram post by the company’s Indonesia partner, the first store to open will be at […]
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Retail Asia06/02/2020
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Food

Hennessy partners with Chinese artist Zhang Huan

3min0
Hennessy has collaborated with contemporary Chinese artist Zhang Huan in a Chinese New Year promotion running at Singapore’s Changi Airport until February 9. The cognac brand has adapted its successful space in Terminal 1, one of the longest-running pop-ups for both the brand and Changi Airport, into an experiential zone offering special New Year-packaged products […]
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Retail Asia06/02/2020
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Food

Sustainable wines gaining popularity in SEA

6min0
As Chinese wine consumers – and those across Southeast Asia – are growing a taste for wine, so too they are embracing sustainable wines. Although global wine consumption continues to rise, disruption to the wine industry is resulting in changes to production methods, packaging, and marketing techniques. Discerning wine consumers are increasingly looking for good […]
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Retail Asia04/02/2020
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Food

Alibaba’s Freshippo sales soar during virus outbreak

1min0
Sales are soaring for Alibaba’s fresh-food chain Freshippo in the wake of the coronavirus outbreak. With many Chinese nationals being advised to stay at home during the course of the epidemic, demand for fresh food and household items has soared. Buyers are purchasing more items in bulk so as to reduce contact with home-delivery personnel. […]
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Retail Asia04/02/2020
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Food

Reliance to open Armani Cafe in India

1min0
Indian conglomerate Reliance Industries is launching a Michelin-star restaurant in Mumbai in partnership with Italian luxury firm Emporio Armani. The first Armani Cafe venue is set to open in the firm’s upcoming luxury Bandra Kurla mall, the Jio World Centre. Armani restaurants have opened in several major cities among 20 international locations. Reliance is the […]
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Retail Asia04/02/2020
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Food

Japanese chocolatier Royce closing South Korea stores

1min0
Japanese chocolatier Royce is shuttering its operations in South Korea. The brand’s local retailer Royce’ Confect Korea said in an announcement last Wednesday that it will close all nine of its locations in the territory, including five shops in Seoul. The closures will be completed by the end of next month. Sales for the brand’s […]
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Retail Asia04/02/2020
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Food

Louis Vuitton cafe and restaurant opens in Osaka

2min0
The world’s first Louis Vuitton cafe and restaurant have opened inside the stunning new Louis Vuitton Maison Osaka Midosuji in Japan. In cooperation with renowned chef Yosuke Suga, the first Louis Vuitton cafe, Le Cafe V is located on the top floor, featuring a Cocoon Room, with a terrace and a bar. A speakeasy-style door […]
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Retail Asia30/01/2020
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Food

Hong Kong food-delivery sales down

3min0
Food-delivery sales in Hong Kong soared 20 percent over Lunar New Year week as consumers chose to stay indoors, sheltering from the coronavirus. A spokesperson for Deliveroo told Inside Retail Asia that the Chinese New Year holiday period is usually a busy period for the company, the market leader in food-delivery in the territory. “We […]
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Retail Asia30/01/2020
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Food

Philippine grocery MerryMart to raise US$31 million in IPO

1min0
Philippines grocery operator MerryMart has filed to raise up to PHP1.6 billion (US$31 million) in its forthcoming IPO. The firm is seeking the funds to finance its nationwide expansion program, according to DealStreetAsia. It expects to operate 1200 stores within the territory following its expansion drive, including potential franchises, in an attempt to reach its […]
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