GNC

Retail Asia06/12/2018

jlzq430n.o0cTWGTeaDubaiMallWebsite-Shop1-11.1.2012-1024x682.jpg

Private equity company KKR is to invest as much as S$500 million (US$366 million) into V3, the parent of cafe chain TWG Tea and massage chair retailer Osim, to fund regional expansion. In a deal which mixes equity and financing, KKR will take an unspecified “significant stake” in V3, which is effectively valued at S$1.7 […]

Retail Asia14/03/2018

Health and wellness brand GNC India is planning major expansion by increasing its availability to 4000 stores by 2020. The retailer will partner with pharmacy chain Guardian Healthcare Services, its master franchise in the market, to distribute GNC products to 1000 retail outlets this year, and boost its business to multiple channels, encompassing retail, e-commerce […]

Retail Asia21/02/2018

Hana Financial Group (HFG) (Chairman Kim Jung-Tai, www.hanafn.com) announced it signed a memorandum of understanding (MOU) with Oracle in Singapore yesterday under which Oracle will work with HFG in the building and joint marketing of HFG’s Global Loyalty Network (GLN). Kim Jung-Tai, chairman of the Hana Financial Group, and Loïc Le Guisquet, president, International, Oracle […]

Retail Asia24/10/2016

GNC first popped up in Chinese towns and cities in 2011, with small stores within grocery stores, and now rumors are swirling the giant dietary supplement retailer might end up with a Chinese owner. The Wall Street Journal broke the news that GNC is up for sale and a pair of Chinese equity firms are […]

Retail Asia19/10/2016

Shopper-engagement platform Sprooki will launch in Indonesia next month at the 125,000 sqm Supermal Karawaci retail precinct in western Jakarta. It will be integrated with the precinct’s touchpoints and mobile apps, allowing retailers to offer customers individualised content such as vouchers, special offers, event alerts and store information. Sprooki Michael Gethen and Claire Mula Customers will […]

Retail Asia10/11/2015

Health appliance retailer Osim says its core business is helping it maintain stable gross margins in a retail market it described as “soft” throughout the region. Osim’s core is its 546-strong chain of Osim branded stores in 23 countries, which sell therapeutic devices including massage aids. Nearly half of those stores are in Mainland China. […]

Retail Asia28/07/2015

Singapore based lifestyle products retailer Osim says trade across all its core markets were soft in the last three months. “This has been another challenging quarter,” the company said, declaring sales of SG$159 million and a profit of $29 million. “Despite these challenges, our dominant brand has enabled us to maintain a stable gross margin […]

Tag: GNC

KKR to acquire significant stake in V3, TWG Tea

GNC plans big expansion in India

Hana Financial Group To Drive Its Global Loyalty Network With Oracle

Chinese Investors Consider GNC Acquisition

Sprooki platform to launch in Indonesia

Osim struggles in ‘soft market’

Osim mulls ‘challenging’ quarter