Tag: bangkok

  • Siam Discovery ‘ready to rock the world’

    Siam Discovery ‘ready to rock the world’

    Siam Discovery in the heart of Bangkok officially opened last week – billed as a shopping centre experience like none other in the world.

    And when you took a walk through the THB4 billion (US$112 million) redevelopment, for once in this industry the experience exceeded the hype.

    “We are ready to rock Bangkok and rock the world,” says Chadatip Chutrakul, CEO of Siam Piwat, which owns the trio of Siam-branded malls next to the confluence of Bangkok’s downtown Skytrain lines.

    They rocked our world, for sure, because there genuinely is nothing like this anywhere we’ve seen in the world. This is a centre designed to engage even the most jaded shopper. More than a collection of stores, it is a curation of brands presented in an array of environments created by Japanese designer Oki Sato and his team from Nendo in Tokyo.

    Siam Discovery Bangkok

    From the brilliant white modern elegance of the Issey Miyake women’s fashion store at the entrance level to the Nendo-designed Loft fitout on the upper level – and everything in between – this is a retail destination that will wow, engage and delight.

    “We hope people coming here get inspired,” says Sato. “We hope every single person who comes here is challenged.”

    While there are various branded stores in the revamped Siam Discovery, they are almost incidental to the overall experience. In what marks Siam Piwat’s first foray into running its own department  store – a misnomer in this context – Sato and his team have created a series of striking merchandising areas all without walls, mixing materials and concepts, and showcasing products ranging from high-end fashion to homewares and electronics.

    Complementing them are areas dedicated to revolving pop-up concepts – most of them engaging customers, others for name brands to test their mettle with the Thai consumers and tourists who will frequent this centre when it opens to the public on Saturday morning (May 28).

    Women can create their own lipstick tones; there are 3D printers that can create sculptures of photographs; you can paint your own pattern prints to create your own clothes or a personalised coffee mug; you can test pilot a drone, run 500m on a treadmill to donate money to charity, or strike a pose for an Instagram post … And more – much more.

    Siam Discovery Bangkok 10

    The 40,000 sqm Siam Discovery, perhaps best known to visitors to Thailand as the home of Bangkok’s Madame Tussauds wax museum, has been completely gutted over the past 12 months. Now it features six levels of experiential retail, each with its own distinct theme. Ground level is Her Lab, anchored by  Issey Miyake and featuring an assembly of mid- to high-end fashion labels including Comme des Garcons, Marimekko and Rag & Bone.

    Up one floor is His Lab, a full storey of menswear, shoes and – perhaps a highlight – a “skin lab” featuring possibly the largest collection of men’s skincare and grooming products outside Tokyo. In the corner is a bespoke barber shop offering haircuts and shaving services: understated and old world.

    Siam Discovery Bangkok 2

    Siam Discovery Bangkok 6

    Siam Discovery Bangkok 1

    Next level up is Streetlab, a collection of casualwear, streetwear, sportswear, shoes and accessories. Again there is a mix of shop fronts and open displays where Siam Piwat has chosen the merchandise – and displayed it imaginatively. A highlight: sunglasses on batons both rising from the floor and descending from the ceiling. To complement the sporting and fitness theme, there is a salad bar and a Boost Juice cafe.

    Siam Discovery Bangkok 4

    Siam Discovery Bangkok 11

    One more floor up is Digital Lab: gadgets, techno toys, cameras, stationery, even a store selling customised motorcycle helmets (it is opening with a display of helmets owned by famous Thais, including a popular actor and the head of a major bank). This is where you can fly a drone, check out a Yamaha display featuring MotoGP-themed bikes, or relax at an unusually designed Starbucks made from recycled materials.

    Siam Discovery Bangkok 7

    Creative Lab, another level up, is largely a housewares store, including Thailand’s second Habitat shop and heavily Japanese-influenced displays of homewares, ornaments and collectibles. There is a Thann Spa, most certainly its most stunning design yet, an artisan coffee roaster, Cafe Now, and a tiered stairwell designed to encourage people to chill and relax much like they would in an Italian piazza – but in air-conditioned comfort. That space will be used for demonstrations and the occasional live music event.

    Siam Discovery Bangkok 12‘Siam Discovery Bangkok 8

    And on the top floor, as well as the entrance to a new Virgin Active gym, there is a toy zone, books, outdoor gear space, a cafe and more places for interactive pop-up concepts.

    As with the successful redesign of the adjacent Siam Centre, Chadatip worked with brands to ensure the centre offers products not available elsewhere. So even familiar brands have one-off displays or limited-edition runs – some carrying Siam Discovery or Siam Piwat branding for the launch.

    Siam Discovery Bangkok 3

    Sato says Siam Discovery is his first project in Thailand, and his most ambitious anywhere to date. From day one he worked with Chadatip’s team on how to create a flow of visitors through the building.

    Instead of the original two sets of escalators, there is now only one, creating more of a sense of space in the atrium. About 220 black frames have been built to hold LCD screens and other displays to draw people to the upper levels.

    “So you have vertical flow, you have horizontal flow and then you create circular flow,” says Sato.

    The concept of “lifestyle laboratories” reflects the aim of creating something markedly different to a conventional mall, where brands each have dedicated rooms in planned precincts. While “curating” is a term used all too loosely in modern retail, it does seem appropriate here. Teams of people have chosen products from a variety of brands to merchandise them in a complementary fashion so people walking through the centre will be guaranteed to see something new.

    Siam Discovery Bangkok 9

    “The idea is not about adding products through brands, but through different lifestyles, cultures and trends,” says Sato. “So customers can choose their own lifestyle.

    “We hope people coming here will be inspired, that they find something, and that every single person who comes here is challenged.”

    Shopper, retailer or mall manager: from our experience during today’s preview, all will be equally challenged by the new Siam Discovery.

  • Ben & Jerry’s is coming to Thailand

    Ben & Jerry’s is coming to Thailand

    A Ben & Jerry’s Thailand ice-cream outlet is planned, with the company teasing the move with artwork featuring its product on a tuk-tuk.

    “The wait is over!” the company has written in Thai on Facebook. “We, Ben & Jerry’s, are excited to officially come to Thailand.”

    No further information is available as yet, and Coconuts Bangkok says fans can follow the news through Ben & Jerry’s Thailand Facebook site. Meanwhile, the product is available as a takeaway in some convenience stores.

    Ben and Jerry’s opened their first ice-cream shop in a renovated petrol station in Burlington, Vermont, in 1978, after taking a $5 correspondence course about making ice cream and a $12,000 investment ($4000 of it borrowed).

    Now the company has outlets in many countries and is owned by Anglo-Dutch corporation Unilever.

  • Mary Buffett Launches Jitta.com for Bangkok Investors

    Mary Buffett Launches Jitta.com for Bangkok Investors

    Mary Buffett, the former daughter-in-law of famed investor Warren Buffett, helped launch Jitta.com last week, a platform aimed at retail stock investors in Thailand’s capital. Ms. Buffett brings the Buffett know-how to Bangkok to appeal to investors hoping to become as good as the famous stock picker.

    Co-author of the best-selling book “Buffetology,” Mary is putting her name behind the Jitta startup. After testing the platform for herself, Ms. Buffett found it to be an impressive tool for investors.

    Mary’s endorsement of Jitta.com is an obvious boost for the Thai-based startup, which is looking to make it big on the international retail investment scene.

    Ms. Buffett met with Jitta.com founder Trawut Luangsomboon three years ago, and was one of the initial investors in the project. The start-up launched in the U.S. in 2014.

    Jitta uses Warren Buffett’s investment style to simplify retail investment and make it easy for most individuals to get started. Buffett’s style is primarily focused on buying great stocks when they’re undervalued.

    When shares drop below Jitta’s “fair price,” investors are encouraged the buy the stock – just as Warren Buffet would do.

    Through the adoption of Buffetology’s key elements, this platform helps investors minimize risk while doing their due diligence.

    Jitta covers stocks in Singapore, U.S., Thailand, Vietnam and Hong Kong.

  • Restaurant Review: Downtown Bangkok Cafe

    Restaurant Review: Downtown Bangkok Cafe

    This Phoenixville restaurant delivers Thai cuisine with unexpected elegance and an authentic experience.

    Spicy Thai Basil Chicken//All photos by Steve Legato

    “A best-kept secret!”

    Online critics are forever clinging to exhausted, simplistic superlatives. And yet, how else to describe Downtown Bangkok Café, other than to peg this Thai yearling as a quaint hidden gem or a surprising off-the-radar find on the outskirts of Phoenixville?

    From Left: Downtown Bangkok Café’s casually elegant interior; green curry

    Owners Yaowapa and Jerry Kowal—the chef and manager, respectively—didn’t set out to become restaurateurs. They first opened Yaowapa Thailand Treasures, a retail gift shop of handmade imports, in 2009. Six years later, they have an artfully decorated 48-seat eatery on the store’s second floor. It was inspired by a passion for cooking rooted in Yaowapa’s  heritage. It became a reality thanks to Jerry’s skill as an engineer and a direct merchants’ pipeline from Thailand.

    Impressive wall mountings and hand-carved statues from the Kowals’ native Chiang Mai region can be found through-out the café’s four tastefully appointed dining spaces and waiting room. That attention to authentic detail continues with the etched wooden tables and chairs, logo embroidered napkins and silverware handles bearing elephants.

    The grilled tofu cubes are the perfect accompaniment to Yaowapa’s fragrant curries. Her onion-pineapple-potato-and- peanut-studded massaman, in particular, is a pungently ruddy lava flow, gushing creamily over fluffy jasmine rice. Hot and crispy coconut shrimp top a chilled Thai salad, providing a unique contrast in flavor and temperature.The cuisine is well prepared and delicious. Our three skewered chicken strips came with an addictive peanut sauce. Another app, the Crying Tiger, combines tender slices of grilled beef and assorted crunchy veggies with a sweet chili-lime sauce. The “medium” spice offers just the right heat. The Pad Thai tastes authentic, as does the Drunken Man—a hearty tangle of flat soba noodles, egg, basil and vegetables, served with a choice of shredded beef, chicken, pork or tofu.

    From Left: Thai tea; the casual elegant interior

    Desserts are simple and sparse. The honeyed banana, rolled into fried wonton skins and served with vanilla ice cream custard is the best of the lot.

    THE SKINNY: Comprised of a series of lavish rooms nestled above Thailand Treasurers, this surprising find goes well beyond run-of-the-mill superlatives. Both the fare and the peaceful aesthetics are emblematic of Thailand.

    Crispy duck with tamarind sauce.

  • Baidu Wallet launches Southeast Asia foray

    Baidu Wallet launches Southeast Asia foray

    China’s Baidu Wallet has launched its mobile payment service in Thailand, on the eve of the traditional Thai new-year celebration Songkran.

    Part of the Baidu search-engine group, the digital payment service is now connected to more than 400 merchants in four Thai cities – Bangkok, Chiang Mai, Pattaya and Phuket. It covers restaurants, shopping malls and spas.

    Baidu Wallet is also set to launch in South Korea and Japan, with plans to also expand into Hong Kong, Macau and Taiwan.

    Baidu Wallet’s smartphone app means Chinese travellers can avoid the bother of exchanging currency. They need only scan the QR codes of partnered merchants and enter the amount of Thai baht they need. The app converts the figure to yuan based on real-time exchange rates.

    China has the highest adoption rate in the world for technology-enabled payment systems, according to a new survey by market data company Nielsen. With information from 13,000 respondents across 26 countries, the survey shows that 86 per cent of Chinese respondents paid for online purchases over a six-month period, while the global average rate was half that at 43 per cent.

    A report by consultancy iResearch shows that China’s mobile payment transactions reached $373.2 billion in the third quarter of last year, a 64 per cent increase year-on-year.

    China has been the biggest source of international tourists since 2012, says the Tourism Authority of Thailand. There were 7.9 million Chinese tourists last year – 27 per cent of total international arrivals.

    Chinese travellers spent 6400 baht (US$180) a day each on average, with most tourists spending 5690 baht.

    A report from Forrester Research says the rapid growth of smartphones is driving an eCommerce boom across Southeast Asia, the world’s third-largest digital marketplace after China and India. This boom is being paralleled by strong payment growth via mobile. Companies are boosting their investments in online and mobile platforms such as Carousell in Singapore and Tarad in Thailand, where 35 per cent of purchases are made via a mobile device.

    Alipay, from Alibaba, has introduced an online shopping service Thailand duty-free shop King Power, and the WeChat app payment option launched in Thailand at the beginning of this year.

  • Siam Discovery about to launch ‘retail revolution’

    Siam Discovery about to launch ‘retail revolution’

    After a Bht 4000 million (US$113 million) overhaul, Siam Discovery will re-open in Bangkok this month as a self-described “hybrid retail development”.

    As well as Thailand’s largest lifestyle speciality store, the complex will feature an “arena of lifestyle experiments”.

    Opening on May 28, the complex is owned and run by Siam Piwat, which also has Siam Paragon, Siam Center, Paradise Park and, in a joint venture, IconSiam. This new development will be sub-branded The Exploratorium, and introduce what CEO Chadatip Chutrakul describes as a “revolutionary new retail concept”.

    This concept is spread across 50,000 sqm, and senior executive vice-president Charnchai Cherdchuwongthanakorn says the company expects to double its sales per square metre as well as reinforce Siam Piwat’s reputation as a thought-leader in Thailand’s retail sector.

    Siam Discovery – The Exploratorium will encourage visitors to experiment and discover what they like. Without the constraints of a particular brand or school of design, products are brought together under a single universal concept that puts customers at the centre, says the company.

    Charnchai says that in its first year the eight-level complex is expected to draw 100,000 visitors a day, with a mix of 65 per Thais and 35 per cent tourists. Before the renovation the centre had 750,000 visitors a day.

    There are many firsts and concept stores in the centre…

    • In a partnership with the Department of Export Promotion, Siam Discovery will feature award-winning designers in the Objects of Desire Store.
    • Nike will launch its only concept store for Southeast Asia, including a personalised embroidery service.
    • Designer Issey Miyake which have its first concept store outside of Japan, called the World of Issey Miyake and offering products for men for the first time in Thailand.
    • Home decorative brands like Hay, Kartell and Tom Dixon and Kartell will open their first concept stores in Thailand, and artists Lisa Larson and Yayoi Kusama will make their Thailand debut.
    • As well featuring designs from Tokyo Fashion Week, Siam Discovery will highlight Asian designers with brands such as Beautiful People, Discord by Yoji Yamamoto, Dressed Undressed, Factotum and Yoshio Kubo being introduced to Thailand.
    • As a world first, music magazine Billboard will have a cafe with a food-and-drink corner catered by Dean & Deluca and a live radio show.
    • An innovative retail service developed by Siam Discovery will offer customers a personal stylist and a private dressing room.
    • Tokyo Bike will offer cycling products and equipment as well as a customised bicycle fitting service and a test-ride space.
    • Starbucks Coffee will feature a coffee drip for hard-core coffee fans, plus furniture made from recycled coffee grounds.

    Siam Piwat is spending Bht 300 million on the grand opening. But first, 500 members of the public will be able to experience the space first by entering an online draw. Also before the opening, a 7m-tall “Discovery Man” will go on a promotional roadshow throughout Bangkok.

    A Discovery Man exhibition at the opening of Siam Discovery is being curated by Japanese designer Oki Sato, who was chief advisor for the building’s design and interior.

    A highlight during the grand opening period will be Social Discovery, an interactive exhibition that is a collaboration between Siam Discovery and creative designer Black Egg. It will combine storytelling with digital technology to create an experience themed “When Obsession Becomes Identity”.

  • Lalamove Delivers Lifestyle Services with LINE

    Lalamove Delivers Lifestyle Services with LINE

    Hong Kong based on-demand delivery app Lalamove is partnering with the world’s leading mobile platform LINE to expand on its delivery services in Bangkok.  The LINE MAN app is aimed at bringing reliable on-demand services to consumers as well as providing convenience to their increasingly busy lifestyles.  LINE MAN is one of LINE’s first ventures to “be more than a chat app” and LINE has chosen Thailand to be the first market to launch LINE MAN.

    The LINE MAN smartphone platform offers three services: document and package delivery, food purchase and delivery, and convenient goods purchase and delivery.  The delivery of all 3 services is provided by Lalamove, and currently limited to within Bangkok for now with plans for expansion.  LINE has a large user base of over 33 million in Thailand.

    Lalamove-LINE_3

    The announcement follows a global conference in March 2016 where LINE revealed a five-year plan to create a ‘smart portal’. The goal is to close the loop between businesses and LINE users and go beyond their original chat app strategy.

    Santit Jirawongkraisorn, Co-founder and Managing Director of Lalamove Thailand believes partnering with LINE is a natural progression. “This year, we have been marketing our online delivery services primarily to small and medium sized businesses. The addition of LINE MAN will bring Lalamove’s high quality services that many businesses have enjoyed to general consumers, which appeals to the Lalamove strategy and brand.”

    Meanwhile, the choice of Lalamove to deliver LINE MAN services demonstrates real confidence in the logistics app profile. According to Ariya Banomyong, Managing Director of LINE Thailand, “LINE MAN aims to offer best quality lifestyle services and help businesses leverage digital tools to connect with consumers, and Lalamove, as a leading on-demand delivery service provider in Thailand, made them a natural choice for LINE MAN”.

    LINE MAN will offer courier services through the Lalamove fleet of motorcycles, with cash payments.  Consumers will be able to order food via restaurant database app, Wongnai.

    LINE MAN is free to download at the Google Play store and Apple store.

    https://onelink.to/lineman

  • Lazada opens m-commerce tech hub in Thailand

    Lazada opens m-commerce tech hub in Thailand

    Southeast Asian e-commerce company Lazada Group has opened a tech hub in Bangkok, Thailand to drive strategic mobile development initiatives.

    The Lazada Tech Hub in Thailand will focus on advancing the design and engineering of Lazada’s mobile shopping and selling sites and apps for Southeast Asia.

    With almost 30 million app downloads and more than 60% of its GMV represented by mobile sales by the end of December 2015, Lazada Group has been investing in m-commerce through new app and mobile site initiatives.

    In the next few months, Lazada Tech Hub aims to hire more than 50 staff, including iOS and Android developers, Go Programming Language developers, and Quality Assurance automation engineers. The tech hub team will operate from EmQuartier in Central Business District Bangkok.

    Lazada Group opened its first tech hub in Ho Chi Minh, Vietnam in November 2012. A second tech hub was opened in Moscow, Russia in February 2015. Together, the three tech hubs are dedicated to driving product engineering and technology infrastructure.

    “Mobile innovation is a discipline any serious online player must build, and having the best talent is critical to designing products and solutions that are not only intuitive but improve the quality of experience and life for our consumers and sellers,” Lazada CTO for operations Ifor Evans said.

    “We believe that Thailand attracts a highly-skilled talent pool. And, as the leading shopping and selling destination, Lazada is both enviably-positioned and committed to raising the bar for mobile and tech development in the region.”

  • Siam Discovery ready to offer new experiences

    Siam Discovery ready to offer new experiences

    Siam Discovery will open its doors on May 28 and will become Thailand’s largest lifestyle speciality store. The 40,000-square-metre complex will also be the Kingdom’s “Biggest Arena of Lifestyle Experiments” in retail space.

    Mayuree Chaipromprasith, senior vice president for business promotion at Siam Piwat, said that with the facelift the new Siam Discovery complex would serve individual shoppers who are curious and want to try new things as well as discover new experiences.

    “Both Siam Paragon, Siam Center, and the latest new Siam Paragon will have their own unique positioning, and will not cannibalise each another,” said Mayuree.

    She said Siam Paragon offers high-end fashion brands, while Siam Center will serve people who look for trendy fashion products made by local Thai designers. Siam Discovery, however, will provide hybrid lifestyle products, a combination of imported luxury and local brands.

    “The three shopping complexes will share the core values of Siam Piwat, which are: understanding [shoppers and tenants]; trustworthy; missionary; daring [with new innovations that break the rules]; and a commitment to excellence,” said Mayuree.

    She said the new Siam Discovery will offer lifestyle experiments for individual consumers in their areas of interest. The complex will create hybrid experiences in retail space, which will break all retailing rules.

    Charnchai Cherdchuwong-thanakorn, senior executive vice president for retail business development at Siam Piwat, |said the company will spend Bt300 million on the grand opening event and opening promotions of Siam Discovery, which aim to make Bangkok the retail hub of the Asean Economic Community (AEC) and the world’s favourite shopping destination.

    “The new Siam Discovery marks the introduction to Thailand of a new retail concept – a hybrid retail destination spread across 40,000 square metres. We expect to double |our sales per square metre with the new concept as well as |reinforce our reputation as a thought-leader in Thailand’s retail sector, creating unprecedented destinations that compete with the best of the world’s destinations,” he said.

    Charnchai said that highlight brands or stores at the new Siam Discovery centre will be divided into five different categories: everyday products; trend products; innovative products and services; sustainable products; and collaborations and Absolute Siam products.

    “We expect the new Siam Discovery complex to draw approximately 100,000 shoppers a day in the first 12 months, of which 65 per cent will be Thais and the rest 35 per cent foreigners,” Charnchai said.

  • Brooks Brothers Thailand opens Bangkok flagship

    Brooks Brothers Thailand opens Bangkok flagship

    Classic American menswear retailer Brooks Brothers has opened a flagship store at Bangkok’s Gaysorn Shopping Centre, to be followed by more outlets in the city.

    The new Brooks Brothers Thailand store’s interior features a finished wood floor, with shelves stocking garments of various checks, plaids, gingham and stripes. Brooks Brothers produced seersucker as early as the 1950s, and the Bangkok store displays a mannequin in a seersucker suit.

    Brooks Brothers, a private company owned by an Italian billionaire, launched in the US in 1818 and is the oldest retailer in the US. It speaks of personal wealth and achievement. Brooks Brothers suits were featured in the television drama Mad Men.

  • AIS abandons plan to rent TrueMove’s 2G network

    AIS abandons plan to rent TrueMove’s 2G network

    Thailand’s AIS and TrueMove have abandoned plans to enter a mobile network rental agreement after being unable to accept mutually agreed upon terms.

    AIS no longer intends to rent TrueMove’s 900-MHz network to allow it to continue serving its 900-MHz 2G customers in the wake of the expiration of its 900-MHz license, telecoms regulator NBTC’s secretary-general told.

    The two operators had been negotiating a network rental agreement since mid-April, concentrating on network roaming on the 900-MHz spectrum and customer migration between AIS’s and TrueMove’s networks.

    The government had been encouraging AIS to rent True Move’s existing network to allow it to retain some of its existing 2G customers in order to end a dispute over an extension of AIS’s use of its 900-MHz network.

    AIS is reportedly also facing government pressure to hand over 8 million 2G customers to TrueMove to free up the 900-MHz spectrum due to be re-auctioned on May 27.

    But AIS intends to participate in the auction, and may therefore be able to secure the spectrum needed to ensure service continuity.

  • Bangkok 18th most attractive retail city

    Bangkok 18th most attractive retail city

    Bangkok ranks 18th in terms of international retailer attractiveness, just ahead of Las Vegas, in a new report from real estate consultant JLL. “The Destination Retail 2016” report also revealed that Asia boasts five out of the 10 most appealing destinations for international retailers globally.

    According to JLL’s report, which for the first time provides a global ranking of 140 cities by their appeal to cross-border retailers, Hong Kong is second only to London in popularity. Also among the top 10 are Shanghai, Singapore, Beijing and Tokyo.

    Boosted by rising income levels and growing tourism numbers from across the world, Bangkok has attracted many international brands, such as H&M, Zara Home, Pull & Bear and Victoria’s Secret. Recently, retailers such as Dior Homme, Pierre Herme, A Bathing Ape and Tiffany & Co have started trading in the city. The Ratchaprasong area is Bangkok’s retail centre and attracts many locals as well as tourists, thanks to its central location and adjacent skytrain. It houses 11 shopping centres, including Siam Paragon, CentralWorld and Siam Square One.

    The recently completed EmQuartier, Central Westgate and CentralFestival EastVille, all outside the city centre, are providing new attractive opportunities to international retailers.

    Bangkok’s retail landscape continues to diversify, with renovations at Siam Discovery and several suburban CentralPlaza retail stores, the opening of HaHa Market and the continued success of Asiatique The Riverfront, a combined shopping centre and night bazaar.

    Cities in Asia-Pacific are the most appealing destinations for luxury retailers to set up shop. Seven Asia-Pacific cities are among the global top 10: Hong Kong, Tokyo, Shanghai, Singapore, Beijing, Osaka and Taipei.

    “Hong Kong remains Asia’s leading luxury shopping destination with many retailers using it as a springboard for expansion into China,” said James Assersohn, retail director for Asia-Pacific at JLL. “While there has been a noticeable slowdown in luxury sales due to China’s slowing economy and the government’s anti-corruption crackdown,Hong Kong continues to attract many high-spending Chinese tourists,” he said.

    More broadly, the dominance of Asian cities in the index highlights the attractiveness of the region to retailers, thanks to its burgeoning middle-class and growing levels of affluence, said Mr Assersohn.

    Tokyo, which takes fourth place globally, has seen a revival in luxury retailer’s demand for high quality real estate as a result of an improving economic climate and rising tourism numbers. The yen, which has devalued by nearly 30% since 2012, has made Japan a magnet for retail tourism across the region. International visitors to Japan rose 47% in 2015 with the largest contingent from China. A weaker yen is also encouraging Japanese to make the most of their luxury purchasing power at home.

    Shanghai, meanwhile, at number six in the ranking, is catching up fast on Hong Kong to become one of Asia’s leading luxury retail destinations and remains China’s premier shopping destination.

    “Thanks to a diverse economy and wealthy consumer base, Shanghai has become a favourite place for international brands to test the Chinese market and gain brand exposure,” said Mr Assersohn.

    (Original article from BangkokPost)

  • Princess of Thailand’s Sirivannavari to Debut Pop-up at La Rinascente

    Princess of Thailand’s Sirivannavari to Debut Pop-up at La Rinascente

    Sirivannavari, the women’s label founded by Sirivannavari Nariratana, the Princess of Thailand, is debuting a pop-up shop at Milanese department store La Rinascente.

    A look from Sirivannavari spring/summer 2016 collection

    Opening from May 18 to June 14, this will be located on the store’s fourth floor dedicated to women’s wear.

    The pop-up shop will carry the latest collection of the luxury Thai label, which was founded in 2005. For spring, Nariratana, who studied fashion at Paris’ École de la Chambre Syndicale de la Couture Parisienne, was inspired by the Versailles Castle to design a lineup incorporating a range of art references from the Romantic and Impressionistic periods. The collection is focused on the combination of rich graphics and details with sculptural shapes. It includes a tulip dress; a blazer with rounded shoulders; a gown with a bodice embroidered with 3-D flowers, as well as a bolero jacket showing gooseberry-like embellishments.

    Sirivannavari operates a flagship at Bangkok’s Siam Paragon shopping mall.

  • Gaysorn Property announces super luxury condominium “TELA Thonglor” in Bangkok

    Gaysorn Property announces super luxury condominium “TELA Thonglor” in Bangkok

    High-end and luxury property developer Gaysorn Property today announces expansion of its luxury property portfolio in Bangkok’s prime locations. TELA Thonglor, a super luxury condominium, is set to be a new landmark of Thonglor. This 4.1-billion-baht project will seamlessly weave city lifestyle with every community, true to its definition as “The Landmark Residence on Thonglor”. Offering five exclusivities in terms of design and facilities, the project highlights the aesthetics of living under “Canvas of Life” concept, where the residents are inspired to craft a unique living and pursue their unique lifestyle. The company expects to sell 75% of TELA Thonglor by the end of this year.

    Mr. Fafuen Temboonkiat, Managing Director of Gaysorn Property Co., Ltd., said: “With previous success from property projects such as luxury condominium Domus Sukhumvit 16 and 18 and high-end low-rise condominium Mode Sukhumvit 61, we have proven our quality, our dedication, and our attention to detail in offering a unique lifestyle under our DNA of Refined Quality Living. This is a key drive of our business alongside our endeavor to develop properties on prime locations that connect lifestyles and communities in a perfect fashion. Most recently, we have launched our new super luxury condominium TELA Thonglor with a project value of 4.1 billion baht. It is located on a high-potential spot in the heart of Thonglor, which is a promising residential area as it is surrounded by shops, restaurants, and facilities for every lifestyle need.”

    TELA Thonglor, located at the front of Soi Thonglor 13, is a 32-floor condominium designed under “Canvas of life” concept to give its residents a freedom to create their lifestyle masterpieces. Only 84 units in four types of suites are offered on its land plot of 1-3-63 rai. The 2-bedroom “Tela Sienna” and “Tela Amber” types, 40 units in total, offer 111 square metres of functional space. The 3-bedroom signature type “Tela Legacy Suite A & B”, 40 units in total, come with either 201 or 202 square metres of space. The 3-Bedroom Duplex “Signature Suite”, only two units available and already taken, offers 230 square meters of space. The 3 Plus 1 Bedroom Duplex “Sky Duplex Suite”, two units on offer, comes with 338 square metres of space. The project’s communication is targeted at families that lead a luxurious life, especially those who prefer urban living and highly prioritise privacy.

    Fafuen added, “There are five elements that make our project unique and outstanding.

    • “Strategic Location” The location offers seamless connectivity between city lifestyle and the community. The residents have access to various lifestyle choices and are conveniently connected to other lifestyle areas, thanks to nearby community malls, restaurants, as well as the quick and convenient bridging to a nearby BTS station.
    • “Ultra-Low Density Living” More space and more privacy are offered here. There are only 84 units in total, four on each floor, so each unit is blessed with a panoramic view. Each suite, with floor-to-ceiling height of 3.20 metres, allows the residents more spacious feel and greater freedom to create an individual style of luxurious living within their unit.
    • “Crafted Space” The space has been well-designed to cater to all lifestyle needs. With a unique, 17-metre “Paronamic Adaptive Bolcony”, the living room and all bedrooms in “Tela Legacy Suite A & B types are interconnected while the double-glazed sliding glass doors of this balcony helps protect heat and can greatly improve ventilation in the rooms.
    • “Secured Private Lift Lobby” The lift at the lobby takes the residents straight to their designated floor as if they have a private lift. It is equipped with a CCTV Monitoring & Control system, which is monitored in the control room round-the-clock for maximum security of the residents.
    • “Iconic Design” The exterior was exquisitely designed and built to exude its timeless appeal. The touch of quality and luxurious details continue into the interior with fixtures including Italian-made kitchen cabinets by BINOVA and electrical appliances by BERTAZZONI. Marble slabs with designer bathroom fittings are designed by globally recognized designers, making TELA a contemporary pride of Gaysorn Property.”

    Mr. Firm Hongsananda, Business Development Manager of Gaysorn Property Co., Ltd., said: “TELA Thonglor offers a unique experience our company is always known for. We present luxury in every aspect, from the well-designed space to every single detail. Only the finest materials and the best designs are used to offer the Refined Quality Lifestyle. Façade design adds dimension to the exterior when in contact with light, and the lighting has been designed to create the right ambiences day and night. Greenery Wall embraces the lower part of the building, blending harmoniously with our lush green landscape. In terms of facilities, we have Lapis Deck, a family-friendly 25-meter salt water pool; Pulse Fitness and Pause Spa which is equipped with the most modern equipment with private area for spa and beauty salon; and 84 Saletta Residential Club, a dedicated area for the residents to host parties or other social functions.

    For outstanding management, Gaysorn Residential Services (GRS) assures the residents of three promises. “Value Services” are focused on addressing the needs of the residents to quickly and effectively resolve their issues and provide helpful assistance to them. “Best Practice Facility Management” is focused on facility management planning and budget control to ensure efficient maintenance of equipment and assets in common ownership, complete with performance evaluation of the services. “Quality Assurance” by the company’s customer service team closely provides consulting to the condominium’s committee and management. The team is experienced in servicing customers and managing property under the company’s DNA of “Refined Quality Living”.

    TELA Thonglor super luxury condominium is currently under construction with scheduled completion by the end of 2019. The average price is 300,000 baht per square meter. The company is confident to close 75% of the project sales by the end of 2016.

    Contact sale office of TELA Thonglor, a super luxury condominium, at 02-612-5959 or visit www.telathonglor.com.

  • AEON Showcase Their Product Line-Up and Other Financial Services at the 16th Money Expo Bangkok

    AEON Showcase Their Product Line-Up and Other Financial Services at the 16th Money Expo Bangkok

    AEON Thana Sinsap (Thailand) Public Company Limited will join the 16th Money Expo Bangkok from May 12th to 15th 2016 at Challenger Hall 2 – 3 , Impact Arena, Muang Thong Thani. AEON’s booth, B1, is inspired by the concept “Your Future Begins Today” with the beautifully laid out on the 850 square meters spread.

    At the expo, AEON line up their various financial services including the AEON M GEN VISA Card which aims to offer the special entertainment privileges to match with customers’ lifestyle such as free movie ticket every month, exclusive discounts for M GEN Set at THB 120 and M GEN Buddy Combo set at THB 99. Moreover, AEON introduces the AEON Royal Orchid Plus JCB Platinum Card exclusively for Japan lovers which exchange every THB 20 spending to 1 mileage as well as access to our exclusive lounge and discounts to many Japanese restaurants. Exclusively for AEON customer who subscribe to any service with AEON, they will get a chance to win the luxurious 3 days and 2 nights accommodation package from Sri Panwa valued at THB 112,800 as well as iPhone 6s 64 GB valued at THB 30,700 , John Lang Ford bag valued at THB 1,290 and other various premium.

    AEON customer will also enjoy other exclusive deals such as special interest 0% installment on the Honda motorcycle or gold, special tour packages from H.I.S and insurance services. They will also be entertained with a special mini concert from Bie Sukrit, Wier Sukollawat and Kang Vorakorn. For more information, visit www.aeon.co.th.