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New Stores Push Sporting Goods in Thailand.
Byline: Sukanya Jitpleecheep
Jun. 5--Thailand's sporting goods market is heating up with the entry of three store chains, including a foreign one, to cash in on high growth potential.
The trio are Planet Sports, owned by Indonesian and Philippine investors; Active Nation of Manit Udomkunatam, the founder of Robinson Department store; and Sport Stadium of Pena House, a well-known local fashion retailer.
The three operators will open about 10 outlets this year in a market estimated to be worth at least five billion baht.
Active Nation will announce its business plan on June 20. It recently opened its first outlet on the first floor of ...
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Source: HighBeam Research, New Stores Push Sporting Goods in Thailand.