hero

Retail Asia31/05/2019

Hero MotoCorp’s second launch for the day is the all-new Pleasure Plus scooter. The new Hero Pleasure 110 is priced at ₹ 47,300going up to ₹ 49,300 and gets comprehensive upgrades over the outgoing version with a revised design, new colors and more features on offer. It still remains one of the most affordable scooters […]

Retail Asia20/12/2018

Dickson Concepts has unveiled a new luxury retail concept merging the cutting-edge technology with a personalised styling service, to be launched under the Harvey Nichols banner. The first flagship store for the new format will be unveiled at Pacific Place in Autumn next year, with plans to expand the concept globally. Dickson Concepts says it […]

Retail Asia06/03/2017

Hong Kong-headquartered multi-format retailer Dairy Farm International has celebrated its 130th anniversary with a strong set of results, with food, home furnishings and restaurants delivering higher profits. Total sales, including those of associates and joint ventures, rose 14 per cent in US dollar terms and 17 per cent on a constant-currency basis to US$20.4 billion. […]

Retail Asia04/05/2016

Dairy Farm International’s Indonesia operation continues to struggle in food – but Ikea trades above expectations. The Hong Kong-listed company holds a controlling 83.9 per cent share in PT Hero Supermarket Tbk, which operates Giant hypermarkets and grocery stores, Guardian pharmacies and has the nation’s Ikea franchise, among others. Hero has reported a first quarter […]

Retail Asia03/03/2016

Convenience store and grocery retailer Hero Supermarket is to exit the troubled Starmart Indonesia business. Hero, a subsidiary of Hong Kong-headquartered Dairy Farm International, has announced the sale of 80 stores to Fajar Mitra Indah, a subsidiary of Wings Group, an Indonesian food conglomerate which owns the FamilyMart franchise in the country. The networks […]

Retail Asia04/08/2015

Retail company PT Hero Supermarket (Hero) will spend up to Rp 640 billion (US$48 million) this year for business expansion with retail plans to open stores in several cities across the country. The move will be made to restore the company’s disappointing financial performance earlier this year. Hero, which operates hypermarkets, supermarkets, convenience stores, drug […]

Retail Asia03/08/2015

Dairy Farm Indonesia is reviewing the future of its Starmart convenience store chain after closing nearly a third of its stores in the latest half year. The chain has been hit hard by the Indonesian government’s moves to limit the sale of alcohol, banning liquor sales in c-stores in April. Since then, Hong Kong headquartered […]

Retail Asia12/03/2015

Hero Indonesia, the supermarket and healthcare retailer, is looking to Ikea to boost its fortunes after a disappointing 2014. The retailer, 81.9 per cent owned by Hong Hong based Dairy Farm International, has reported a 14 per cent increase in net revenue and nine per cent increase in gross profit. But weak like-for-like sales in […]

Tag: hero

Hero Pleasure Plus 110 Launched In India

Dickson Concepts unveils HK$1bn new retail format

Solid year for revitalised Dairy Farm International

Mixed fortunes for Dairy Farm Indonesia

Dairy Farm exits Starmart Indonesia

Hero to open more stores to boost revenues

Dairy Farm Indonesia reviews struggling Starmart

Ikea drives Hero Indonesia outlook