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Isetan makes strong return with facelift.
Byline: Sukanya Jitpleecheep
Feb. 3--Isetan of Japan plans to invest 800 million baht in its Thai operations, representing a major return of Japanese retailers in the country after more than a decade of seeing their market share eroded by local and Western operators.
Japanese-based Isetan Co has resumed its investment in Thailand by increasing the registered capital of its local subsidiary, Isetan (Thailand) Co, to 1.1 billion baht this year, up from 300 million in 2004.
Yasumasa Asai, the president of Isetan (Thailand), said the company planned to spend 400 million baht renovating the only store it has at the Central World Plaza near the ...
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Source: HighBeam Research, Isetan makes strong return with facelift.