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Tag: greek

  • Singapore’s Supergreek fast-casual concept opens

    Singapore’s Supergreek fast-casual concept opens

    Singapore’s first Greek fast-casual concept, Supergreek, has opened at Raffles City.

    Supergreek’s menu features a wide selection of healthy Greek dishes, including the popular Geek street food Souvlaki and homemade authentic Geek yogurt.

    “At Supergreek, we follow traditional Greek cuisine which is predominantly plant-based, and focused on lean meats, seafood and heart-healthy olive oil that is also fresh,” says Cheng Hsin Yao, owner and founder of Supergreek.

    He says he wants Supergreek to demonstrate that the cuisine has healthy, nutritious qualities.

    Located in the basement of Raffles City, Supergeek features a predominantly white-and-blue interior, inspired by Greece’s national flag.

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  • Folli Follie To Open 50 New China Stores

    Folli Follie To Open 50 New China Stores

    Greek jewelry- and timepiece-maker Folli Follie plans to open 50 new stores in China next year, showing a renewed faith in a market in which its presence has shrunk in recent years.

    Twenty of the locations will be directly operated by the company, five to seven of which will become its flagship stores in major Chinese cities, including Beijing, Shanghai and Shenzhen, Folli Follie China Director Connie Law told Caixin.

    The other 30 shops will run on a franchise model, Law said.

    The brand recently launched a necklace that includes depictions of dogs ahead of the Chinese year of the dog, the first time the company has launched such a design and a clear attempt to appeal to Chinese consumers.

    Folli Follie became well-known to Chinese fashionistas in 2011 when domestic conglomerate Fosun Group became its second-largest shareholder. The brand had 220 stores in China in 2014, according to a Fosun financial report. This figure has since declined to only 150, Law said.

    An industry insider said that the decline was in part caused by some Folli Follie franchisees switching to rivals such as Austria’s Swarovski.

    Law told Caixin that Chinese consumers are buying entry-level luxury goods at home rather than abroad as the price gap between China and other countries has narrowed.

    As e-commerce continues to rapidly expand in China — online sales grew 32% in the first 11 months of 2017, compared to a 10% increase in total retail spending — Folli Follie has also established stores on online marketplaces, including Alibaba’s Tmall and JD.com.

    But 75% of the company’s spending in China goes to its offline stores, Law said, adding that the company will never abandon its brick-and-mortar business.

  • Zeus Street Greek opens new store at Stockland Shellharbour Shopping Centre

    Zeus Street Greek opens new store at Stockland Shellharbour Shopping Centre

    Fast food chain, Zeus Street Greek, has opened its 12th store in New South Wales and 17th nationwide, at Shellharbour at the Stockland Shellharbour Shopping Centre yesterday.

    The retailer stated the design of the new store, which can accommodate 80 guests, reflects Zeus’s ‘old meets new’ philosophy, achieved through the integration of Art Deco and geometric tiling and wood panelling, the use of timber feature walls, neon lighting, raw stone finishes and colour.

    “Zeus Shellharbour is one of only two stores outside of Sydney in New South Wales, the hospitality scene is continuing to evolve and welcome new contemporary dining experiences into the fold,” said Peta Barclay, Zeus marketing manager.

    “The interest around our opening has been really strong, which is very exciting.

    “There is a demand for contemporary Greek street food that places huge emphasis on quality, with the local community even trekking to Sydney to visit Zeus stores, so this will be an ideal home for Zeus,” Barclay said.

    In July, Zeus’ co-founder, Costa Anastasiadis told Inside Retail that regional locations offer opportunity for growth.

    “We’ve been getting quite a lot of interest from those areas that have got really strong economies and industry,”he said.

    “The sector’s different to what it was five years ago and it’s a completely different landscape compared to 10 years ago. There are a lot more players in the sector and it’s very competitive, so you need to look for opportunities everywhere. If you look at just city metro areas, you’ll be hard pressed for growth, the string is only so long.”

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