Tag: Cambodia

Retail Asia21/01/2019
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2min0
Luk Fook sales in the third quarter fell 10 per cent on a same-store basis. “Recent market sentiment has been adversely impacted by the US-China trade war, the depreciation of Renminbi, and downward pressure in the stock and property markets,” said chairman Wai Sheung Wong ina  stock exchange filing. Luk Fook says same-store sales of […]

Retail Asia11/01/2019
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2min0
BBK Electronics’ budget smartphone brand Realme is eyeing expansion into Southeast Asia, Africa and Europe. The company’s online distribution strategy has brought it success in the Indian market and makes broader expansion possible, according to Realme global CEO Sky Li Bingzhong. “The company’s asset-light operations and focus on online sales allow it to keep costs […]

Retail Asia13/12/2018
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International pizza franchise Pezzo has launched in Brunei Darussalam. The brand, operating under Satami Group of Companies, features a “Grab & Go” kiosk serving pizza by the slice for immediate purchase, and a “mix and match” pizza purchase option, whereby customers can collate their own pizza out of 12 different flavours. The brand stakes its […]

Retail Asia11/10/2018
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Cambodia’s SingMeng Telemedia has announced plans to acquire and merge with Digi to create an operator with a range of services including internet, entertainment, voice, and enterprise solutions. The planned merger is expected to complete in October, the companies announced this week. SingMeng offers triple play and smart TV services, a well as broadband, mobile TV and VoIP services businesses. The […]

Retail Asia08/08/2018
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Asia “continued to boom” for travel retailer Dufry in the first half of this year. Bali, Cambodia, Indonesia, Macau and South Korea all achieved double-digit sales growth during the half year, with Chinese tourists credited for much of that growth. Australia also achieved “strong double-digit performance” after the full renovation of Dufry’s stores there. “Eastern […]

Retail Asia27/06/2018
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Japanese retailer and mall operator Aeon has opened Cambodia’s largest shopping mall in Phnom Penh. It is the second Aeon Mall to open in the Cambodian capital. MD Seiichi Chiba said at the opening that Aeon Cambodia’s first Phnom Penh mall has been well-received by Cambodian shoppers, attracting more than 18 million people since opening […]

Retail Asia15/05/2018
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Singaporean pizza chain Pezzo Pizza will officially open its first-ever by-the-slice kiosk in the upcoming Aeon Mall 2 in Phnom Penh on May 30. Run by Star Food Enterprise, Pezzo Pizza Cambodia will be offering pizza made with dough prepared using blended flour from Europe. Pezzo Pizza uses American mozzarella cheese from Leprino Food. Star […]

Retail Asia11/04/2018
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Paris-based French and Cambodian startup ShopRunBack was launched in 2014 and has been revolutionising returns management for e-merchants and retailers, it is established by a group of experts in e-commerce, supply chain and the latest web technologies. ShopRunBack is looking to expand into Asia, especially Southeast Asia, and Cambodia is the starting point for a […]

Retail Asia02/04/2018
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2min0
Mobile payments platform Alipay is expanding its cross-border footprint with new outposts Cambodia, Myanmar, Laos and the Philippines. The deployment is aimed at connecting merchants with an estimated 520 million active users in China through its Alipay’s in-app marketing platform while they are traveling overseas. The company says Alipay is now accepted in Phnom Penh, Siem Reap […]

Retail Asia29/01/2018
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It has been another record year for luxury products group LVMH Moet Hennessy Louis Vuitton. Revenue increased by 13 per cent year on year to reach €42.6 billion (US$52.9 billion), while organic revenue growth was 12 per cent. All business groups recorded double-digit organic growth with the exception of wines and spirits, where second-half growth […]

Retail Asia16/01/2018
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2min0
Korean coffee chain Caffe Bene has collapsed, filing for a court-led restructuring scheme on Friday. Yonhap news service reports the court will soon decide whether to put the ailing coffee chain under its receivership or commence liquidation. The legal move follows a protracted slump and mounting losses, the company said. In 2016, the company lost […]

Retail Asia12/01/2018
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3min0
Luk Fook Holdings (International) Limited has announced its foray into the Cambodian market with the grand opening of a flagship store in its capital city, Phnom Penh, marking the expansion of the Group’s retail network to 10 countries and regions globally. Mr. Wong Wai Sheung, Chairman and Chief Executive of the Group said: “Adhering to […]

Retail Asia21/12/2017
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In partnership with the US National Basketball Association (NBA), sports merchandise e-commerce company Fanatics has launched official NBA online stores across Asia Pacific. Fanatics already runs the flagship NBA Store in New York City, the league’s global e-commerce site and its official online store for Europe. It has now opened official online stores in Cambodia, […]

Retail Asia05/12/2017
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Safilo continues to expand internationally, boosting its presence in Asia. The Italian eyewear manufacturer has signed an exclusive distribution agreement for Thailandand Cambodia, adding to its international distribution network, now extending to 42 countries. Safilo, which is controlled by Dutch investment fund Hal, issued a press release announcing the signing of the deal with Supreme Eyewear, a major […]

Retail Asia16/11/2017
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3min0
Dairy Farm sales were described as “flat” in the third quarter to September 30. The Hong Kong-headquartered company said improved performances in health and beauty, Ikea, restaurants and Yonghui were offset by lower sales in the food and grocery division. “The lower food division sales, together with new store pre-opening costs in home furnishings, (Ikea) […]

Retail Asia18/10/2017
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2min0
The Cambodian government plans to launch its first communications satellite by as early as 2021, and will conduct a feasibility study within a year. The satellite project is projected to cost around $150 million and the satellite will have a lifespan of seven years, the Bangkok Post reported, citing comments from an official at the Telecom Regulator […]


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