by Yohanes Obor | Jul 24, 2013 | Industries, News, Retail
SINGAPORE (Yosefardi) – Tom Ford brings his vision of modern luxury to Singapore with the opening of the new TOM FORD store at the Marina Bay Sands in January 2014, followed by a flagship store in Jakarta, Indonesia in 2015. Modelled after the brand’s Madison...
by Editor | Jul 24, 2013 | Industries, News, Retail
JAKARTA (Yosefardi) – Shares of retailers were mixed Wednesday (July 24) with ACE Hardware gaining 5.6%, while Erajaya (Erafone) fell sharply by 6.8%. ACE Hardware and Erajaya were among retail stocks with substantial trading volume. More than 26 million ACES...
by Yohanes Obor | Jul 24, 2013 | Industries, News, Retail
SAN FRANCISCO (Yosefardi) – American watch company Steelio, Inc. launches the STEELIO® brand of fine watches in Indonesia. Through an exclusive master distribution agreement with PT. Dita Maju International, STEELIO® timepieces will be sold at SOGO department...
by Yohanes Obor | Jul 18, 2013 | Industries, News, Retail
NEW YORK (Yosefardi) – Philip Morris International Inc. (PMI) sold 78.3 billion units of cigarette in Indonesia in second quarter of this year, increased by 3.5%. The total cigarette market is estimated to increase by approximately 4% for the full-year 2013....
by Editor | Jul 9, 2013 | Industries, News, Retail
JAKARTA (Yosefardi) – Shares of retail companies were still under significant pressures in Jakarta Tuesday (July 9) led by Matahari Putra Prima and Ramayana Lestari, as ACE Hardware regained grounds. Matahari Putra Prima (MPPA) collapsed 8.99% in the morning...
by Editor | Jul 8, 2013 | Finance, News, Retail
JAKARTA (Yosefardi) – Retailer Matahari Putra Prima (MPPA), controlled by Lippo Group, dropped as much as 11% Monday (July 8th) on profit taking. More than 13 million shares were exchanged hands in the morning session, higher than daily average trading volume of...
