Retail News CRM

Tag: Cambodia

  • Huawei hails SE Asia success

    Huawei hails SE Asia success

    Smartphone maker Huawei says its determination to concentrate on Southeast Asia is already bearing fruit.

    With the profitable Southeast Asia regional launch of the Huawei P8 and wearable units in Bangkok Thailand in late Might, Huawei is retaining the momentum going by introducing the P8, P8Max, P8Lite, Talkband B2 and AP007 energy financial institution to Myanmar, Laos, and Cambodia, Hong Kong, Taiwan and different Southeast Asia nations and areas.

    The corporate says it set a brand new gross sales document in Myanmar when it launched the P8 handset there on June 6.

    After two weeks of pre-orders of Huawei’s newest flagship merchandise, the primary batch of P8s turned obtainable in 28 outlets throughout Myanmar – all of them bought out by 10am.

    “The regional gross sales supervisor from one among telephone store famous that the P8 has set a brand new gross sales document and has turn into the best-selling handset of their store’s historical past and that they have been amazed by the variety of preorders,” stated Richard Yu, CEO of Huawei Shopper BG.

    says Southeast Asia is now one of many key markets for Huawei, and the corporate is optimistic concerning the potential within the area.

    “Southeast Asia is likely one of the most promising and high-potential financial entities on the earth, each now and sooner or later. It’s considered a strategic market and an engine driving the quick progress of Huawei’s Shopper Enterprise,” Yu stated.

    “In 2014, Huawei noticed over 10 million complete shipments on this area. With the launch of the P8, P8Max and P8Lite this yr, we anticipate complete shipments to succeed in eight million models, a 167 per cent improve.”

    The corporate has seen substantial progress in regional shipments within the area. Thomas Liu, president of Huawei Shopper Enterprise Group Southeast Asia, stated within the first quarter of 2015, smartphone shipments in Southeast Asia rose 120 per cent over final yr.

    Lees ook:

    Lees ook:

  • DFS to Open T Galleria Store near Angkor Wat

    DFS to Open T Galleria Store near Angkor Wat

    Today, BoF can exclusively reveal that luxury travel retail company DFS is set to open an 8,000-square-metre retail complex near the world heritage site of Angkor Wat in Cambodia in 2016.

    Luxury travel retailer DFS is set to enter Cambodia in 2016 with a 8,000-square-metre ‘T Galleria’ retail complex (the ‘T’ stands for traveller) to be housed in a building shared with the Angkor National Museum in the provincial capital of Siem Reap, gateway to the world heritage site Angkor Wat which accounted for almost 30 percent of the 4 million international visits to the country in 2013.

    The new retail space will sell fashion and accessories, watches and jewellery and beauty from brands in DFS’s portfolio of over 700 brands including Chanel, Dolce & Gabbana, Louis Vuitton and Bottega Veneta, alongside a selection of locally crafted pieces.

    “T Galleria by DFS Angkor will be a prime attraction for visitors, particularly in the hottest periods of the day. Visitors will be able to indulge their taste for renowned international luxury brands and local artisanship in pleasant surroundings that pay homage to local culture and design, reflecting the rich traditions of this unique destination,” said DFS chairman and CEO Philippe Schaus.

    In recent years, travel retail has become a highly lucrative component of a successful luxury strategy, with growth outstripping that of the luxury market as a whole. “Travel retail has been growing at about 12 percent in the past few years. A similar growth is expected in the next two to three years, putting it at double the growth rate for the luxury goods market,” Luca Solca, head of luxury goods research at financial services firm Exane BNP Paribas, told BoF earlier this year.

    DFS has kept a close watch on Cambodia, where the tourism industry increased contributions to the country’s overall GDP by 10.2 percent in 2014, according to the World Travel & Tourism Council. What’s more, in the first six months of the year, an increase in direct flights between Cambodia and China boosted visits between the countries by 20 percent.

    “A significant number of Chinese, Japanese, Korean, Southeast Asian and Western visitors are already visiting each year and numbers are expected to grow further, especially from China,” added Schaus. “We expect the total number of visitors to Cambodia and to Siem Reap to double by 2020, according to sources including the Asian Development Bank.”

    In September, DFS announced plans to enter Europe with a full restoration of Venice’s Fondaco dei Tedeschi, first built in 1228, which will house another T Galleria, also set to open in 2016. “It’s too early to announce any other plans for world heritage sites but we are keeping a close eye on every destination that our customers visit,” commented Schaus.

    Majority-owned by LVMH’s Selective Retailing Division, DFS boasts a global network of over 420 locations on three continents and continues to operate a dual business model, comprised of duty-free stores at major airports and ‘Galleria’ stores located in global travel hubs, though over time the company’s strategy has shifted away from duty-free stores towards full-priced retail.

    Lees ook:

  • Lotus Foods helps small rice farmers grow their income

    Lotus Foods helps small rice farmers grow their income

    Lotus Foods, a global innovator in the production and marketing of specialty rice, joined the Business Call to Action with a commitment to increase the incomes of at least 3,000 farm households by 2017.

    The company is paving the way to market for smallholder farmers in Africa and Asia who adopt the ecological method of rice cultivation known as the System of Rice Intensification (SRI). This helps farmers to grow rice more sustainably to make livable incomes as well as to offer healthier rice choices to consumers.

    Established in 1995, Lotus Foods has become dominant in linking marginalized farmers to major markets, having pioneered the introduction of heirloom black and red rice into the United States.

    The SRI production method, which is being applied by more than 10 million farmers in more than 50 countries, helps farmers generate surpluses by doubling their rice yields with less water, land, chemicals and greenhouse gas emissions.

    Introduction of this growing method to its farmer-producers led Lotus to surpass its early goals and increase the amount of SRI-produced rice it buys from organic-certified farmers in Cambodia, Indonesia and Madagascar. Initially the rice was sold only in bulk, but in 2010 the company launched its heirloom varieties for retail customers.

    Suba Sivakumaran, Business Call to Action (BCtA) Programme Manager, said: “Fair trade, organic and healthy products are among the food industry’s fastest growing trends – we are pleased that Lotus Foods has seized the opportunity to improve farmers’ productivity, enhance developing economies and protect the environment.”

    Lotus has been an important catalyst for farmers to obtain organic and fair trade certifications, in addition to producing according to SRI methods, in order to earn higher export premiums.

     

  • Krispy Kreme Cambodia deal

    Krispy Kreme Cambodia deal

    Krispy Kreme has signed a development agreement with a master franchisor in Cambodia.

    The Express Food Group (EFG) will open 10 Krispy Kreme Cambodia shops over the next five years.

    “This agreement will further strengthen Krispy Kreme’s brand position throughout Asia and will enable us to bring our mission of touching and enhancing lives through the joy that is Krispy Kreme to the people of Cambodia,” said Dan Beem, Krispy Kreme’s senior VP and president – international.

    “One of the keys to the success of Krispy Kreme in any country is working with top-quality franchisees, and EFG is an experienced company dedicated to delivering an exceptional customer experience.”

    A member of Bangkok-based RMA Group, EFG was founded in 2004 and currently employs more than 1200 Cambodians at its 42 restaurants from a variety of QSR and casual restaurants, including Swensen’s, Costa Coffee, The Pizza Company and Dairy Queen. The company also operates 15 food and beverage outlets in Phnom Penh and Siem Reap international airports.

    “We are very proud and excited to introduce Krispy Kreme to the Cambodian market,” said Jean-Boris Roux, regional director of RMA Group’s food division.

    “EFG has always been determined to bring strong leading brands to this country, and we are confident that Cambodians will quickly embrace Krispy Kreme’s signature sweet treats and the entire Krispy Kreme experience.”

    North Carolina-based Krispy Kreme now boasts more than 1000 retail shops in 24 countries.

    Lees ook:

  • Pastamania wins Cambodia entry

    Pastamania wins Cambodia entry

    Singapore foodservice operator Commonwealth Capital Group is to enter Cambodia with two F&B brands – Pastamania Casual Dining Restaurant and Gelatofix Italian Gelateria and Cafeteria.

    A franchise agreement has been signed between Commonwealth subsidiary PastaMatrix International and an as yet unidentified local Cambodian company operating in retail and real estate.

    “We expect to open the first flagship outlet for both PastaMania & Gelatofix in the third quarter of 2015 at an exclusive heritage site in Phnom Penh overlooking the scenic Mekong River,” said Yin-Yin Yeo, MD of international business.

    Commonwealth 1 415

    “The location is widely frequented by local trendsetters and tourists. It will serve as a landmark site for a memorable dining and chill out experience,” she said.

    Commonwealth expects to open six PastaMania and Gelatofix stores in total over the next 18 months.

    Yeo said both PastaMania and Gelatofix will provide “more exciting dining and hang out options” for the maturing Cambodian market, she said.

    “PastaMania features the widest range of great tasting pasta dishes along with authentic Italian pizza that suit the taste buds of Cambodians. We will also be the first in the market to launch an authentic Italian gelato coffee shop chain under Gelatofix.”

    Commonwealtg 2 415

    PastaMania is the largest Italian casual dining chain in Singapore with more than 50 stores in eight countries. It offers affordable authentic Italian cuisine with ambience modelled after the Italian piazza concept.

    Gelatofix features creamy gelato cones dripped with dark chocolate created by Italian celebrity chef Ernst Knam and serves up a variety of dishes ranging from desserts to all-day-breakfasts and Italian risottos. The Gelatofix store format was designed by Italian architect Stefano Ricci.

    Yeo says Cambodia has strong economic growth running above seven per cent since 2011, a young population (50 per cent aged below 25) and a more open and vibrant market.