Tag Archives: Indonesia

All 7-Eleven stores in Indonesia withdrawn

7-11-franchise

(Source: IGD Retail Analysis| June 30, 2017) Modern Sevel, the operator and franchise holder of the 7-Eleven convenience stores in Indonesia, has closed all of its stores across the country. In 2015, the company wanted to use the franchise as a growth engine to reach more than ten times their current network to 2,500 stores by 2025. However, they have ...

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Marikina-made shoes a hit in Indonesia

rusty-lopez-indonesia

(Source: Philippine Information Agency | 9 January 2017) Filipino fashion retail brand Rusty Lopez recently opened its newest store in Jakarta featuring comfortable sandals and casuals made from Marikina, the Philippines’ shoe capital known for producing durable and high-quality footwear. According to a recent report of the Department of Trade and Industry’s Philippine Trade and Investment Center – Jakarta, the ...

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Marikina shoes a hit in Indonesia

rusty-lopez-indonesia

(Source: Manila Standard Business | 17 December 2016) Filipino fashion retail brand Rusty Lopez has recently opened a new store in Jakarta, featuring comfortable sandals and casuals made from Marikina City, the Philippines’ shoe capital known for producing durable and high-quality footwear, according to the Department of Trade and Industry’s Philippine Trade and Investment Center – Jakarta. The store in ...

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Indonesia leading charge, says Asia Luxury Index

Indonesia Online Luxury

(Source: Inside Retail Asia | 2 September 2016) Indonesians have become Asia’s foremost online buyers of luxury goods, according to the latest Asia Luxury Index. Amid difficult economic conditions, online sales of luxury goods in Indonesia have grown by 84 per cent, according to the index, which draws mainly on the sales data of Reebonz, a Singapore-based eCommerce platform for ...

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Consumer markets drive property retail growth in PH

Philippines Shopping

(Source: The Manila Times | 9 May 2016) Retail opportunities are growing in Southeast Asia’s property sector due to the region’s strong consumer market, particularly in populous countries such as the Philippines and Indonesia, according to a report by global real estate services firm Jones Lang Lasalle. JLL head of research for Southeast Asia Dr. Yang Liang Chua noted that the ...

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Matahari Putra Prima to open 32 to 45 stores this year in Indonesia

supermarket7-770x513

(Source: Retail in Asia | April 2016) Retail operator Matahari Putra Prima is maintaining its capital expenditure this year in order to continue expansion in the eastern part of Indonesia. The company has allocated IDR500 billion to IDR690 billion (USD38 million to USD52 million) to open between 32 to 45 stores this year. This will include up to seven hypermarts, ...

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Philippine brand Rusty Lopez heads to Indonesia

shoes

(Source: Inside Retail Philippines | 20 April 2016) Indonesia has welcomed Rusty Lopez into the market – and wants more Philippine fashion brands to follow. The shoe brand from Marikina City has opened its first overseas outlet in Jakarta’s Seibu Department Store in Grand Indonesia Mall. Other Philippine fashion brands that have established their names in Indonesia include Gingersnaps, Periwinkle, ...

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Hong Kong “best in the world”

Hong Kong city at night

(Source: Inside Retail Asia | July 13, 2015) Hong Kong has been ranked the easiest and best place in the world to open a retail business, its economic archrival Singapore ranking right behind. Retailers in Hong Kong benefit from first rate infrastructure, superior business conditions and a strong economic climate, according to the Arcadis Retail Operation Index released today. Singapore ...

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