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Tag: mango

  • Vietnam biggest buyer of Cambodia’s mangoes

    Vietnam biggest buyer of Cambodia’s mangoes

    Cambodia exported 140,000 tons of fresh mangos, or 86.8 percent of its total exports of the fruit, to Vietnam in the first seven months of this year.

    Citing data from the Cambodian Ministry of Agriculture, Forestry and Fisheries, the Vietnam Trade Office said the nation exported 161,228 tons of mangos between January and July, a year-on-year surge of 248 percent.

    Besides fresh mangos, Cambodia exported nearly 13,525 tons of mango jam, including 77 tons to Vietnam, 1,000 tons to Thailand and 11,000 tons to China in the seven-month period.

    Cambodia, which cultivates mangoes on 126,668 hectares at present, exported 845,274 tons of mangos worth over $473.2 million last year, mostly to Vietnam, Thailand, China, South Korea, Singapore, Russia and France.

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  • Mango waiting with store rollouts in China

    Mango waiting with store rollouts in China

    Never before has one seen bricks-and-mortar stores in such a bad shape as it has been this year – all thanks to the pandemic.

    Amidst all this, Spanish fashion retailer Mango is all set to enhance its bricks-and-mortar presence in the US.

    The clothing retail giant has expressed its plans to roll out 3 stores in the first quarter of next year.

    Notably, the new stores will be opened in 3 major US shopping centres that are run by the renowned Simon Property Group.

    The Spanish retailer strategically picked the 3 locations – Menlo Park Mall, Edison, New Jersey; Dadeland Mall, Kendall, Florida and Roosevelt Field, Garden City, New York – to jumpstart the expansion of its ‘Mediterranean’ label to US consumers.

    The retailer has been continuously putting efforts to improve its brand recognition in the US through digital and wholesale network and now the focus is on enhancing the presence of its physical stores.

    Excited over introducing Mango to American fashion consumers, Zachary Beloff, National Director of Business Development, Simon, said that Mango is a world famous brand and Simon believes the brand has a strong bricks-and-mortar future in the US.

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  • US doubles purchase of Vietnamese mangoes

    US doubles purchase of Vietnamese mangoes

    The U.S. has imported double the quantity of Vietnamese mangoes in Jan-August 2020, showing potential for further growth in this market.

    The value of mango imports rose 99.9 percent year-on-year to $2.79 million, according to a report by the Agency of Foreign Trade under the Ministry of Industry and Trade, citing U.S. official figures.

    The average import price was $2,064.8 per tonne, up 6.7 percent year-on-year. Most of the imports were of fresh and frozen fruit.

    In terms of volume, Vietnam was the 12th largest mango import market for the U.S. in the said period, accounting for 0.3 percent of the total.

    The Agency of Foreign Trade said the large demand for mango, especially fresh fruit, in the U.S. is an opportunity for Vietnamese companies to expand.

    However, they need to ensure all strict standards on farming, packaging, and origin tracing are met, it added.

    Vietnam exported its first batch of mango to the U.S. in April last year.

    The surge in Vietnam’s mango exports to the U.S. is a rare bright spot in the nation’s plunging fruits exports scenario, primarily as a result of the Covid-19 pandemic.

    In the first nine months, fruit export value fell 19.1 percent year-on-year to $1.7 billion, with shipment figures of lychees, durians, and bananas plummeting, the agency said.

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  • Hong Kong’s Hui Lau Shan launching in Philippines

    Hong Kong’s Hui Lau Shan launching in Philippines

    Hong Kong dessert chain Hui Lau Shan will launch in the Philippines in February. The franchise, best known for its mango-based treats,will open at SM Megamall in Mandaluyong City with a range of desserts that are expected to draw on local fruits.

    Mango desserts have proven popular in the region recently, with prominent social media coverage of long queues for mango floats.

    Hui Lau Shan is a heritage brand originating from a herbal tea & tea trolley that traded in Hong Kong’s Yuen Long back in the 1960s.

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  • US opens doors to Vietnamese mango after years of attempt

    US opens doors to Vietnamese mango after years of attempt

    The US’s Animal and Plant Health Inspection Service has given the green light for the import of mangoes from Vietnam. The license comes exactly 10 years after Vietnam applied for it. To export fresh mangoes to the U.S., farmers and business will need to meet stringent standards. APHIS will inspect each shipment thoroughly before granting phytosanitary certificates.

    Mango is Vietnam’s sixth fresh fruit licensed to be imported into the U.S. after dragon fruit, rambutan, longan, lychee, and star apple fruit.

    Some 96 percent of Vietnam’s mango production is consumed domestically, with the rest exported currently to 40 countries either as fresh fruit or in processed form.

    The main market is China. The other important ones are Europe, South Korea, Japan, Australia, and New Zealand.

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  • Hong Kong’s Hui Lau Shan debuts in Philippines

    Hong Kong’s Hui Lau Shan debuts in Philippines

    Hong Kong dessert chain Hui Lau Shan will launch in the Philippines in February. The franchise, best known for its mango-based treats,will open at SM Megamall in Mandaluyong City with a range of desserts that are expected to draw on local fruits. Mango desserts have proven popular in the region recently, with prominent social media coverage of long queues for mango floats.

    Hui Lau Shan is a heritage brand originating from a herbal tea & tea trolley that traded in Hong Kong’s Yuen Long back in the 1960s.

  • MANGO Opens New Flagship Store In Madrid

    MANGO Opens New Flagship Store In Madrid

    Fast-fashion retailer Mango has opened a new megastore in Madrid, located in one of the Spanish capital’s most prestigious shopping precincts.

    The 1711sqm store on Preciados Street is twice the size of the store it replaces, stocking mens and womens lines across three floors.

    Featuring an industrial style with exposed beams, the store combines a spectacular exposed wall painted in white with velvet, marble, wood and stone elements, according to Mango.

    On its upper floors, the store has internal patios and landscaped skylights, which give it plenty of natural light.

    Mango invested euro 3.5 million (US$4.3 million) refurbishing and fitting out the building, incorporating the interior style being rolled out across the company’s stores internationally.

    It features digital changing rooms, e-tickets, a PayGo payment facility, WiFi for shoppers and a click-and-collect counter.

    The Preciados Street store is Mango’s 31st in Madrid and its 381st in Spain.

  • Mango India moves offline with store in Delhi

    Mango India moves offline with store in Delhi

    Mango India has moved on to the ground with a store in Delhi in conjunction with its e-commerce business partner Myntra.

    In turn, Myntra has partnered with select retail companies to curate the Spanish apparel company’s offline business and help it expand its omni-channel strategy in India.

    Mango’s expansion plan comprises 25 store openings in India over the next five years. Its first store, at Select Citywalk Mall in Delhi’s Saket district, was launched with an event hosted by model/actress Ileana D’Cruz. The second store will open at Phoenix Mall in Mumbai next month, to be followed by three more openings before year’s end.

    Delhi’s store has advanced technology to provide a seamless shopping experience. It sets the style for the stores to come, featuring integrated inventory and the “endless aisle” concept. Customers can browse the Mango collection on an in-store tablet, check out product details and availability, and have goods from other stores delivered to their home. The tablets also provide personalised recommendations based on purchase history, and advise customers about new products and styles.

    By using the assisted-checkout feature on the tablets, customers will be able to skip queues.

    Mango chose Myntra in 2014 to help develop its online business in India. Already Mango has become one of the five top-selling women’s western-wear brands on Myntra marketplace, with annual growth rates exceeding 100 per cent.

    “Myntra’s expertise has allowed us to reach virtually every corner of India and increase our customer base exponentially,” says Mango executive VP Daniel Lopez. “Following an omni-channel strategy and having physical stores will allow us to generate value for consumers by improving their shopping experience”.

    Founded in 1984, Barcelona-based Mango has stores  in 110 countries. Every year it designs more than 18,000 garments and accessories, and closed its latest financial year with sales of  €2.26 billion (US$ 2.6 billion).

    Myntra marketplace lists more than 2000 fashion and lifestyle brands such as Adidas, Diesel, Ferrari, Harley Davidson, Levi’s, Nike, Puma, Timberland and Wrangler.

  • Indian mangoes hit South Korean shelves

    Indian mangoes hit South Korean shelves

    Teams from the GMR Hyderabad Airports Limited, which operates the airport and HMACPL haveworked with the farmer community at Vizianagaram facility for developing a pack-house, creating markets, commissioning this project with requisite approvals from Government and exporting Suvarnarekha variety of mangoes to South Korea.

    With this, RGIA becomes the first airport in India to facilitate export of mangoes to South Korea directly from a farm-based infrastructure. Mangoes being a seasonal fruit of high demand, export volume to South Korea is expected to grow up to 10 tonnes per day for the rest of the season, it said in a statement..

    The Cargo operator has a coordination committee comprising of APEDA, National Plant Protection Organization (NPPO), Korean Delegation and Plant Quarantine to guide the farmers to compete with international export norms..

    The GHIAL & HMACPL are in the process of identifying and enabling similar infrastructure across the catchment areas in Telangana State, Andhra Pradesh, Northern Karnataka and Eastern Maharashtra among others, that can provide the requisite processing facilities to to boost the prospects of India’s Mango exports to South Korea.

    According to Sudhakar, DGM of APEDA, “Telangana and AP are the largest producers of mangoes in India with 25 per cent share, of this Banganapallii, Suvarnarekha, Neelam, Cherukurasam are the most popular varieties. Exports provide attractive rates giving better returns to producers and farmers”:

    The CEO of GHIAL SGK Kishore says so far Hyderabad has been India’s Pharma capital and the airport had garnered a lion’s share of pharma exports. Our effort to diversify into perishables export base has been realised now with the initiative of Mango exports to South Korea.We will establish a dedicated perishables handling facility at the airport soon.

    RGIA has been collaborating with various exporters and regulatory bodies to make this feat possible. Soon Indian mangoes would compete in Mango Festival happening at Seoul with varieties from Pakistan, Vietnam, Thailand and Philippines.

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  • Retail woes a boost for Hong Kong indie fashion

    Retail woes a boost for Hong Kong indie fashion

    High-end international brands have long held court alongside local Hong Kong indie fashion designers – who are now enjoying greater visibility in the city’s vibrant retail market.

    The city’s deep-rooted love of luxury has seen names like Gucci and Hermes open multiple stores in the city – stores that have co-existed with a stable of local apparel brands, such as Giordano, Baleno, Bossini and Esprit.

    By 2014, consumers’ tastes had diversified and fast-fashion overseas brands began descending on Hong Kong. The arrival of names like Topshop, American Eagle, H&M, Zara and Mango added yet more to the mix in Asia’s favourite shopping destination. Now that shop rents are finally becoming more affordable, independent fashion retailers are increasingly making their presence felt.

    Structural change

    In a report by commercial real estate firm CBRE, Joe Lin, executive director, retail services at CBRE Hong Kong, said that the city is undergoing a period of structural change.

    “Over the previous decade, high-street shop landlords have reaped the benefits of strong demand from luxury retailers and massive rental growth.”

    Lin noted that in the past 12 months, luxury retailers have adjusted their leasing strategies to save costs. “Landlords have become more realistic on rental negotiations, enabling more mid-range brands to tap into prime locations at relatively affordable rental levels.”

    The trend has opened the door for mid-market brands to expand, and for the rise of independent labels.

    “More independent stores are coming back to the market, streets, malls, and even some up-and-coming revitalised buildings in the traditional industrial districts, such as Lai Chi Kok and Kwun Tong,” said Lin. “They modernise the decoration and with the decent F&B outlets that draw good foot-traffic to these areas, independent retailers also benefit from this new trend.”

    Refined taste

    British fashion designer Elizabeth Lau established The Refinery in 2014 after moving to Hong Kong with her husband. Lau said she saw an opportunity to “curate for individuals” in Hong Kong by introducing unique fashion, accessories and lifestyle brands from around the world.

    Her first store, at the creative and design hub PMQ in Central, found a steady following, and in January 2016, The Refinery opened a second retail outlet in Tai Koo.

    Fashion edit

    Partners in fashion Genevieve Chew and Jacqueline Chak, an accountant and architect respectively, launched Edit in Central in 2012 as a concept store stocking emerging brands. They later created their own in-house label, which is described as “one part eclectic femininity and the other relaxed ease.” Their collections are worn by fashion personalities such as Yasmin Sewell, Margaret Zhang and Amanda Strang. The partners have also designed uniforms for Hong Kong’s new boutique Tribute Hotel in Kowloon.

    Fé Valvekens is another career-change entrepreneur who found her fashion foothold in Hong Kong. German-born Valvekens is a qualified engineer who founded fashion label A Day with Fé, blending daywear with yoga wear. Her PMQ store in Central also holds yoga and fashion styling workshops

    Quality indie labels

    Building on her established career in fashion, US expat Jamie Dredge co-founded Polkadot Boutique on Hollywood Road, Central, in 2011. After moving to Hong Kong two years earlier, Dredge spotted a gap between high-end luxury designers and mass-market clothing in Hong Kong.

    Her idea was to offer quality, well-designed womenswear and accessories from indie labels in the US, as well as supporting upcoming local designers.

    “We still have our local-based designers, but are also working with hot new labels out of Los Angeles and New York,” she said. Examples include Yumi Kim and Blank NYC Denim from New York, Veronica M from Los Angeles, and Hong Kong’s What the Frock?!.

    Being an independent retailer in Hong Kong has its challenges, said Dredge. Rents remain high, especially for smaller operators who don’t have the negotiating leverage of a famous brand. The demise of free print lifestyle magazine HK Magazine, which folded last year after 25 years, closed one door for independents to build a profile – and paid advertising is expensive.

    “We now have to work harder on our social media channels – and be more creative in our promotions,” Dredge said.

    On the other hand, word-of-mouth networking is an advantage in a city as close knit as Hong Kong.

    Pop-ups and collaborations

    One of Polkadot’s strategies is to host events where customers can meet the designers for a social night out, which might involve hair and makeup as well as fashion. One of the “biggest perks of Hong Kong” is the willingness of businesses to collaborate with each other, Dredge said.

    “Hong Kong is great for doing pop-up events and collaborations, which get the customers involved,” she said.

    It also illustrates how a physical boutique can still be successful, despite the challenges of online shopping.

    “People still like to feel the clothes, to try them on, to talk to the designer,” she said.

    “A lot of our garments are unique, and many of them exclusive. Our customers aren’t walking around seeing other people dressed the same, and that’s why they come to us.”

    -HKTDC

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  • CityOn.Zhengzhou to open fully leased

    CityOn.Zhengzhou to open fully leased

    Taubman Asia, a subsidiary of US shopping centre group Taubman Centers, and China’s Wangfujing Group, have announced the line-up of retailers for its CityOn.Zhengzhou mall in Henan province, set to open on March 16.

    When it opens, the centre will be 100 per cent leased and 90 per cent occupied with nearly 200 stores and restaurants. In the heart of Zhengdong New District, the six-level, 94,000 sqm shopping and dining destination will offer domestic, international and lifestyle brands from fast fashion to accessible luxury, anchored by a four-level Wangfujing department store.

    “We are thrilled to see our second China project coming to life in Zhengzhou,” says Taubman Asia president Rene Tremblay.

    Local, regional and international cuisine at all price points and in both seated restaurants and quick-serve formats will be a feature of the centre, which will also offer family-friendly experiential, educational and entertainment offerings.

    Many international brands will be making their central China debut at the centre, says Taubman Asia group VP Paul Wright.

    Outlets at the mall include…

    Fashion: Adidas, Ajidou, Basic House, Bershka, Charles & Keith, Columbia, Converse, Ecco, Five Plus, Forever 21, H&M, Innisfree, Jack & Jones, KIKC, Kipling, La Chapelle, Lee, Levi’s, Mango, Massimo Dutti, Miniso, Mishka, Mobi Garden, Nike, Pandora, Polo, Sand & Foam, Sephora, Skechers, Stradivarius, The North Face, Uniqlo, Vans, Vero Moda, Westlink and Zara.

    F&B/entertainment/kids/lifestyle/electronics: Acasia Food Village (featuring 14 food vendors), Benfu Sushi, Boat Noodle, Chatime, Chez Choux, Chicken Container, Coco, Dollar Shop, FrozenYo, GB Kids Station, Gong Cha, Grandma’s Kitchen, Guoguo Mutton Soup Restaurant, Guxiang No. 9 Catering, Hallmark Babies, Homao, Huawei, iSpace, La Chapelle Kids, Lenovo, MagicSalad, MM by Haircode, Mr Wish, NaughtyKids, New York Fries, Oscar CityOn Cinema, PapaBubble, Pizza Zone, Rbike, Siwuke Tea, Starbucks, Strawberry Forever, Subway, Teppanyaki Xiang, Toot Science, Udon & Tempura, Uncle, Wan Quan Bu Tong, Xiang Tian Xia Huo Guo, Xiao Liu Jia, Xiao Zhu Zhu Kao Rou, Xue Mi Da, Yang Xiang Dou Pi Shuan Niu Du, YuYuTo, ZBX Fresh Fish Hot Pot, Zheng Shi Yi and Zoo Steak.

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  • DLF Brands quits luxury sector

    DLF Brands quits luxury sector

    India’s DLF Brands, which runs high-street fashion brands mall Emporio in Delhi, is quitting the luxury business.

    It has just shut down two of the seven stores of US fashion brand DKNY after parting ways earlier with such brands such as Giorgio Armani, Mango, Salvatore Ferragamo and Sephora.

    “We don’t have any plans to open more DKNY stores,” says DLG Brands MD Timmy Sarna. “And we don’t want to be in the high-fashion business. It’s difficult to scale up that business because there aren’t too many locations in the country where you can sell luxury.”

    Instead, DLF Brands, the retail arm of real-estate company DLF, wants to focus on mass brands. “We have profitable businesses in Kiko, Mothercare and Sunglass Hut,” says Sarna.

    DLF Brands has bought the franchise rights of UK-based Mothercare for 15 years, and plans to launch smaller stores, even in community-based markets, selling value-added products.

    “From 109 stores at present, we want to increase the number to 300. A major part of production is happening here now, so prices will eventually come down,” Sarna says. “Apart from this, our other brands such as Sunglass Hut, Claire’s and make-up brand Kiko are doing extremely well and are profitable.”

    DLF Brands started its exit from the luxury market in 2012, quitting its joint ventures with Ferragamo and Giorgio Armani. In 2014, it shut down stores of Italian menswear brand Boggi Milano, then last year parted with LVMH’s make-up and skincare brand Sephora, which was taken over by Arvind Lifestyle Brands.

    “You can either be in the fashion business or in the mass-brand business. You cannot have your finger in too many pies,” says Sarna.

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  • Carolina Herrera Vietnam flagship opens

    Carolina Herrera Vietnam flagship opens

    Carolina Herrera has opened a flagship store at Saigon Centre shopping mall.

    The first Carolina Herrera Vietnam store, it is located on Level 1, facing Le Loi St – one of the most visible spots in the city’s centre.

    Carolina Herrera Vietnam 1

    At the grand opening, CH introduced its latest Fall-Winter collection to customers, with the demonstration of models and Vietnamese Beauty Pageants.

    Founded in 1981 in New York by the “Fashion’s First Lady”Carolina Herrera, CH currently has 129 freestanding stores and more than 220 shops-in-shops in Europe, Asia, Africa, Middle East and America.

    Carolina Herrera Vietnam 2

     

    Carolina Herrera represents elegant lifestyles for men and women through fashion, fragrance, and bridal collections.

    The brand comes to Vietnam under the management of Maison, a local Vietnam fashion distributor which represents 21 international brands including Christian Louboutin, Jimmy Choo, Mango, and Topshop.

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  • Việt Nam retail market attracts international investors

    Việt Nam retail market attracts international investors

    Việt Nam’s growing retail market has attracted the attention of foreign retailers. A series of famous retailers from Japan, Thailand, South Korea and France have flocked to the country, hoping to penetrate the market, a recent JLL Việt Nam report said.

    As penetration of foreign retailers into the country has increased, fierce competition in the retail space has become more intense. This will put the retail market to the test and only retailers with the right positioning to meet market demand will gain market share.

    In 2014, the Berli Jucker acquisition of Metro Cash & Carry Việt Nam for an enterprise value of 655 million euro (US$700 million) – the largest-ever Merger & Acquisition deal in Việt Nam at that point – signalled entry of the Thailand retailer into the country.

    Later, another Thailand giant, Central Group, acquired Nguyễn Kim Trading – Việt Nam’s top electronics retailer, and BigC Việt Nam- the second largest supermarket chain in terms of store number in the nation.

    In October 2015, Emart – the leading South Korean retailer – officially marked its entrance with a US$60 million shopping centre in north HCM City. Also from South Korea, Lotte Mart is quite successful with 11 supermarkets, a number expected to increase to 60 stores by 2020.

    Most Japanese investors consider the success of Aeon in Việt Nam a praiseworthy case in overseas investment. Aeon has four malls and expects to reach 20 malls before 2020. Also from Japan, Takashimaya arrived in July 2016 as anchor tenant of downtown HCM City’s Saigon Centre retail mall.

    Adding to three Simply Mart stores in HCM City, AuchanSuper, a major retail brand from France, is planning to open another 17 supermarkets by end-2017 in the city and 20 stores by 2020 in northern Việt Nam.

    Thanks to increasing disposable incomes, big fashion brands such as Gap, Mango and Topshop have become the top choice of many young Vietnamese. In September 2015, Zara opened its first flagship store in HCM City. H&M will reportedly enter Việt Nam early next year.

    With 90 million people, Việt Nam has attracted retailers with its relatively young population – 70 per cent are aged between 15 and 64 years – who promise to be a key driver of robust market growth. Việt Nam’s urban population is expected to grow 2.6 per cent annually from 2015 to 2020, the highest rate among regional peers.

    “Increasing disposable incomes, rapid urbanisation and rising living standards make Việt Nam one of the most dynamic emerging economies in South East Asia,” says Bùi Trang, Commercial Leasing Director at JLL Việt Nam.

    According to the Boston Consulting Group, Việt Nam has the fastest growing middle and affluent class (MAC) in the region, which will double in size between 2012 and 2020, from 12 million to 33 million. MAC consumers, whose income is VNĐ15 million (US$700) or more a month, will be a key group of potential customers for retailers.

    Việt Nam e-commerce is set for strong growth thanks to its growing consumer and online population. According to the Nielsen’s report, nine out of ten consumers in Việt Nam (91 per cent) own smartphones, compared to 82 per cent in 2014, and the rapid up-take of connected devices, especially smartphones and tablets are instrumental in media consumption shifting.

    “Significantly increasing the amount of the credit card holders has also had an impact on the change in consuming behaviour. It is observed that people now are more willing to spend as they can afford more with credit and it tends to make shoppers less canny,” she said.

    Additionally, increasing international arrivals and continuously improving infrastructure are also factors that make Việt Nam an alluring market for retailers.

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  • Ted Baker Vietnam makes debut

    Ted Baker Vietnam makes debut

    Unconventional British fashion brand Ted Baker has opened its first store in Vietnam.

    Ted Baker Vietnam joins other luxury brands at the revamped Saigon Center in Ho Chi Minh City, with its re-opening celebrated at an event featuring Vietnamese entertainers. Guests included representatives from the UK Consulate General.

    Brought to Vietnam by retail management company Maison, Ted Baker was described at the event by British Business Group Vietnam (BBGV) director Peter Rimmer as “the most outstanding luxury fashion brand in the UK” and an inspiration for people seeking an individual style.

    Ted Baker introduced its latest collection with a mini-catwalk show at the event. Many of the guests were also wearing the label.

    Established in 1988 with a focus on menswear, the London brand has also produced collections for women seeking to blend traditional and contemporary styles.

    Maison, launched in 2012, has brought more than 17 international brands to Vietnam including Coach, Dorothy Perkins, Karen Miller, Mango and Topshop.