Retail News CRM

Tag: tran anh digital world

  • Nojima commences Vietnam rollout

    Nojima commences Vietnam rollout

    Japanese consumer electronics retailer Nojima is about to commence its store rollout program in Vietnam, following its acquisition of an additional  21 per cent of local chain Tran Anh Digital Worldlast June.

    The first of the new stores will carry both retailer’s brands when it opens in October inside the new Aeon shopping centre, currently under completion on the outskirts of the capital city Hanoi.

    Like the Nojima stores in Japan, the Hanoi shop will feature wide aisles and LED lighting, and stock a range of Japanese brand appliances. It will also stock Nojima’s house brand Elsonic.

    Tran Anh is based in Hanoi and has 15 stores in the northern regions of Vietnam. It is on track to open as many as nine more stores this year.

    Research house GfK reports home electronics sales in Vietnam exceeded US$5.5 billion last year, the second year in a row growth in the category has exceeded 20 per cent year on year.

    Nojima had held 10 per cent of the shares in Tran Anh before June and now owns about 31 per cent of the business.

    Lees ook:

    Lees ook:

  • Japanese take slice of Tran Anh Digital World

    Japanese take slice of Tran Anh Digital World

    Main Japanese electronics retailer Nojima Company has taken a cornerstone stake in Vietnamese electronics chain Tran Anh Digital World.

    The corporate says it has acquired 20.86 per cent and intends to take a 30 per cent holding for now.

    Tran Anh is predicated in Hanoi and has 15 shops within the northern areas of Vietnam, with plans to open as many as 9 extra this yr.

    Nojima’s transfer follows an funding by Thailand’s Central Group in taking a 49 per cent share in Nguyen Kim, a bigger chain dominant within the southern area of Vietnam. And property developer Vingroup has launched what it plans to turn out to be a community of 100 electronics shops in its Vincom purchasing centres, branded VinPro and in smaller standalone outlets beneath the VinPro+ model.

    Analysis home GfK reviews house electronics gross sales in Vietnam exceeded US$5.5 billion final yr, the second yr in a row progress within the class has exceeded 20 per cent yr on yr.

    Vietnamese information media report Tran Anh posted a tax-paid revenue of US$179,400 within the first quarter of this yr, up 11.5 per cent over the identical interval in 2014.

    Nojima first invested  in Tran Anh two years in the past, taking a 10 per cent stake.

    Lees ook: