Sri Lanka

Retail Asia11/04/2016

With effect from March 1, 2016, Carl Cruz assumed duties as Chairman of Unilever Sri Lanka, taking the helm from his predecessor, Shazia Syed who has returned to Pakistan to assume her duties as the Chief Executive Officer of Unilever Pakistan. Carl arrived in Sri Lanka from the Philippines, where he last served as the […]

Retail Asia14/03/2016

Indian footwear and outdoor gear brand Woodland is planning to open stores in China, Malaysia and Singapore along with franchising its brand in other markets. Woodland is also taking the eCommerce route as part of its expansion, and is hiring social-media teams to run campaigns and online selling platforms in local languages. After announcing plans […]

Retail Asia10/03/2016

The Body Shop has entered Sri Lanka, with conglomerate Softlogic Group signing up for the franchise. Founded by Dame Anita Roddick 40 years ago, The Body Shop introduced fair trade to the cosmetics and toiletries industry in 1987, and was the first cosmetics brand to be recognised under the Humane Cosmetics standard for its stand […]

Retail Asia11/10/2015

Singapore has extended its support to revive Lak Sathosa, Sri Lanka’s sole State-owned retail chain In a significant development affecting Sri Lanka’s retail market segments. The immediate offer of support comes in the wake of a Ministerial level call made recently in Colombo, High Commissioner Chandra Das, the former Member of Parliament of Singapore from […]

Retail Asia09/10/2015

Sri Lanka’s state owned retail chain Lanka Sathosa, plans to get support to revive from Singapore as the retail chain is making continues losses, ministry of industry and commerce said in a release. Lanka Sathosa owned more than 310 outlets around the Island. “We are restructuring LAKSATHOSA and are still experiencing monthly losses,” Rishad Bathiudeen, […]

Retail Asia10/09/2015

Sri Lanka’s Odel PLC (Odel) is aiming at upgrading its Ward Place Odel flagship store to improve quality of offerings to customers and plans to build a Mega Mall of 300,000 sq. feet adjoining the Odel flagship store along with car park amenities. Addressing shareholders at the release of the 2014 Annual Report, Chairman of […]

Retail Asia20/07/2015

US ice cream chain Cold Stone Creamery is to open multiple stores in India and Sri Lanka. Parent Kahala Brands has partnered with Tablez Food Company, part of Lulu Group International, to open 40 locations in India over the next five years and five in Sri Lanka. The first Indian store will open by the […]

Tag: Sri Lanka

Carl Cruz assumes duties as Chairman of Unilever Sri Lanka

Woodland looking at franchising

The Body Shop Sri Lanka marks brand debut

Singapore to help revive Lak Sathosa

Sri Lanka to revive Sathosa with help from Singapore

Odel to build Mega Mall in 3 years

Cold Stone Creamery to open in India, Sri Lanka