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Specialty Store Set to Strengthen Sole Outlet in Thailand.

Bangkok Post (Bangkok, Thailand)

| June 05, 2002 | COPYRIGHT 2002 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Bamrung Amnatcharoenrit

Jun. 5--The local franchisee of Japan's Loft specialty store has suspended plans to open a second outlet in Bangkok, citing economic uncertainty and difficulty finding an ideal location.

Instead, the firm will focus on strengthening its only store at Siam Discovery Centre, which has a total space of 1,200 square metres and sells creatively designed imported products.

The firm plans to increase its imported products to 70 percent of its turnover next year from 60 percent this year and 50 percent last year with an aim to differentiate itself from its rivals.

With the baht's depreciation during the ...

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Source: HighBeam Research, Specialty Store Set to Strengthen Sole Outlet in Thailand.

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