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June 10, 2026
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Business in Asia / China / Denmark / Retail & Wholesale / Vietnam

Lego profits drops in first half of 2023

August 31, 2023 - by Kanlayakorn Pengrattana - Leave a Comment

The Danish toymaker, Lego saw its profits drop 17.7% to 5.5bn Danish kroner (£634m; $807m) in the first half of 2023. Citing the BBC, Niels Christiansen, chief executive officer of …

Lego profits drops in first half of 2023 Read More
Business in Asia / China / Retail & Wholesale / Sweden

IKEA to invest millions in China

August 31, 2023 - by Miabell Mallikka - Leave a Comment

IKEA has stated, that the Swedish furniture giant plans to invest CNY6.3 billion ($864 million) in the Chinese market over the next three years. The investment is to enhance and …

IKEA to invest millions in China Read More
Business in Asia / China / Denmark / Retail & Wholesale

LEGO in China for the long haul

August 30, 2023August 30, 2023 - by Gregers Møller - Leave a Comment

Danish world famous toy brand LEGO tells Bloomberg it plans to open some 100 China stores a year. “It may seem strange to invest in China when the market contracts, …

LEGO in China for the long haul Read More
Business in Asia / Finland / Retail & Wholesale / Textile / Thailand

New branch of Marimekko opens in Chiang Mai, Thailand

August 29, 2023August 29, 2023 - by Kanlayakorn Pengrattana - Leave a Comment

The Finnish fashion house, Marimekko, recently opened a new concept store in Chiang Mai province, the first branch in the Northern part of Thailand. The shop is located on the …

New branch of Marimekko opens in Chiang Mai, Thailand Read More
Business in Asia / Denmark / Retail & Wholesale

Pandora x Marvel introduces new charms

August 23, 2023 - by Miabell Mallikka - Leave a Comment

Danish Jewelry brand Pandora has entered into a new collaboration with Disney. Together they have created a new collection that represents some of peoples favorite Marvel characters. Pandora and Marvel …

Pandora x Marvel introduces new charms Read More
Business in Asia / Manufacturing / Myanmar / Retail & Wholesale / Sweden

H&M will ‘phase out’ sourcing from Myanmar

August 18, 2023 - by Miabell Mallikka - Leave a Comment

Swedish fashion retailer, H&M, has announced that the company will gradually stop sourcing from Myanmar. This is as reports of labor abuses in garment factories in the country is increasing. …

H&M will ‘phase out’ sourcing from Myanmar Read More
Business in Asia / China / Denmark / Retail & Wholesale

Pandora with a strong second quarter due to improved performance in China

August 16, 2023 - by Miabell Mallikka - Leave a Comment

Danish jewelry brand Pandora has raised its full-year revenue outlook as it reported better-than-expected second-quarter sales. This is mainly due to improved performance in the U.S. and China, the company …

Pandora with a strong second quarter due to improved performance in China Read More
Business in Asia / Retail & Wholesale / Singapore / Sweden

H&M Home to launch at Singapore flagship store

August 11, 2023 - by Miabell Mallikka - Leave a Comment

The Swedish retail giant, H&M, will roll out a new home décor section at its flagship store in Singapore. H&M Home will take up a section of the first floor …

H&M Home to launch at Singapore flagship store Read More
Business in Asia / China / Denmark / Retail & Wholesale

Pandora to revamp its image in China

August 11, 2023 - by Miabell Mallikka - Leave a Comment

Pandora, the Danish fashion jewelry brand, has recently named the American actress Ashley Park as its new global ambassador. Park has gained huge recognition in China for her role as …

Pandora to revamp its image in China Read More
Business in Asia / Denmark / Retail & Wholesale / Vietnam

Danish furniture brand JYSK opens new center in Hanoi

August 9, 2023 - by Kanlayakorn Pengrattana - Leave a Comment

The Danish furniture brand, JYSK, which is offering a wide range of Scandinavian-style furniture and home decor products previously opened a new center in Hanoi, Vietnam this year. Besides the …

Danish furniture brand JYSK opens new center in Hanoi Read More

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