Nordic News, Business and Life in Asia
Swedish sportswear brand Craft has entered the Thai market and opened its first flagship store in Bangkok. Craft Sportswear Thailand Co was recently established. The company has registered capital of …
Swedish sportswear brand has launched first flagship store in Bangkok Read More
Chinese Midea Group is exploring a potential acquisition of Electrolux, says people close to the company. Midea made a preliminary approach in recent weeks to the Swedish high-end brand about …
Chinese Midea Group makes advance to take over Swedish Electrolux Read More
Lifting the ban on sex toys would be a good way to strengthen the economy in Thailand. That’s what the Democratic Party in Thailand thinks, which draws attention to the …
Election promise: Sex toys would give Thailand an economic boost Read More
Swedish Essity AB, the maker of Plenty paper towels, is starting a strategic review of its $1.6 billion majority stake in Hong Kong-listed tissue maker Vinda. The Swedish personal care …
Swedish Essity evaluate stake in Chinese tissue brand Read More
It’s been 45 years since IKEA opened its first outlet in Singapore. To celebrate this long milestone, the Swedish home improvement brand is giving away its exclusive iconic pencils to …
IKEA is giving away super long pencil to celebrate 45 years in Singapore Read More
The Copenhagen-based jewelry company, PANDORA, has opened its new concept store at Maya Shopping Center in Chiang Mai, Thailand. It is on the G floor of the mall, across from …
PANDORA opens new concept store in Chiang Mai Read More
IKEA is trying to help its suppliers switch to clean energy. In 2021, the firm launched a program to support its suppliers in China, India and Poland in accessing more …
IKEA announces plan to help its suppliers switch to clean energy Read More
IKEA stores in Malaysia have cut ties with the company’s labor provider. This happens after an internal investigation found, that there had been a breach of the Swedish company’s policies. …
IKEA in Malaysia cuts ties with security services supplier over labor policy breach Read More
Bang & Olufsen’s revenue fell 20 percent in the company’s third quarter of the financial year 2022/23. This is compared to the same period the previous year. This appears from …
China sales drags down B&O’s results Read More
Thai-Swedish Chamber of Commerce (TSCC) has welcomed a new start-up member “DOSE Athletic” into the organization. DOSE Athletic is a sportswear brand designed using the latest technologies such as sweat-wicking …
New SweCham member “DOSE Athletic” Read More