maxim’s

Retail Asia23/11/2018

American burger franchises Five Guys and Shake Shack have opened new stores in Hong Kong this week. Launching on Johnston Road in Wan Chai this week, in premises formerly home to Tommy Bahama, Five Guys is known for its made-to-order beef burgers, creamy shakes and thick-cut Cajun fries. The move is part of an aggressive […]

Retail Asia15/11/2018

“Significant challenges” across the Southeast Asian supermarket business are continuing to test Hong Kong-listed multi-format retailer Dairy Farm International. In a management statement discussing the company’s third-quarter performance – which did not include any figures – Dairy Farm said its businesses produced “mixed results” with a strong performance in health and beauty and good results […]

Retail Asia30/07/2018

“Underperforming” subsidiaries and rising rent and labour costs are disturbing the chairman of Hong Kong-listed multinational retailer Dairy Farm International – but those factors failed to prevent a solid second-half year performance. Dairy Farm’s total sales rose 17 per cent to US$12.215 billion in the six months to June 30 and profit attributable to shareholders […]

Retail Asia30/03/2018

A Shake Shack Singapore store is reportedly planned for the Jewel Changi Airport shopping centre. Singapore food blog 8 Days, quoting an “industry source” says the chic American gourmet burger chain is in the final stages of preparation to launch in Singapore. Elsewhere in Asia, the brand is preparing to open in Hong Kong, where […]

Retail Asia12/03/2018

Poor trading by Dairy Farm International’s Southeast Asian grocery business hit the company’s bottom line last year, with underlying profit falling 13 per cent. But every other one of the company’s divisions traded strongly throughout the year, according to the results just released. Full-year profit was US$403 million, after allowing for $64 million of costs […]

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 Asia02/08/2016

Pan-Asia retailer Dairy Farm International Holdings reports “modest” sales growth for the six months ended June 30. Underlying profit was slightly ahead as higher contributions from food, home furnishings, restaurants and China hypermarket Yonghui offset a lower contribution from the group’s health and beauty division. The group is seeing the benefits from investments made last […]

Retail Asia18/03/2016

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Dairy Farm Group says it plans to expand its Starbucks Hong Kong and Vietnam networks. Last year, Dairy Farm opened six new Starbucks Vietnam cafes and its first in Cambodia – in the capital city Phnom Penh last December. “This new market offers significant opportunities as there is no dominant market player,” said CEO Graham […]

Tag: maxim’s

Five Guys and Shake Shack go head to head in Central HK

SEA gives struggle to Dairy Farm International

Dairy Farm restructures after recent result

Shake Shack Rumoured To Be Opening At Jewel Changi Airport

Dairy Farm International’s plan after hitting bottom line

Solid year for revitalised Dairy Farm International

‘Modest’ growth for Dairy Farm International

Growth plan for Starbucks Vietnam and Cambodia