Page 14 - June 2021
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            A NEW TECH PLATFROM HAS BEEN UNVEILED

            BY JD-BACKED POMELO


             JD-backed Thai fashion e-commerce start-up Pomelo
             is set launch its fashion technology platform Prism.
             The women’s fashion firm, which started as an online
             business  in 2013, plans  to  launch  its  business-to-
             business (B2B) unit, Prism, this month to offer services
             like demand planning and logistics for other fashion
             and lifestyle brands. The plan comes as physical store
             sales and traffic have dropped.
             Store traffic in Thailand plummeted 71 per cent in the
             first quarter this year and about 20 per cent in its
             other markets, said CEO David Jou in an interview
             with Reuters, adding that e-commerce was strong.
             The start-up has  raised  a  total of  $83M  from
             investors including Thailand’s largest retailer Central
             Group  and  competes  with companies  like  Japan’s
             Uniqlo. Retailers are accelerating digitisation due to
             the pandemic, creating demand for the service.

             UAE’S EMIRATI COFFEE                                 AMERICAN EAGLE AND
             TARGETS CHINA                                        AERIE OPEN STORE



             Emirati Coffee, a locally owned and Dubai-based speciality coffee   American  Eagle  Outfitters,  Inc.  has  secured  a  prime  space  in
             roastery,  has  its  eyes  set  on  growth with plans  to  expand  its   Central for the American Eagle and Aerie brands’ first flagship
             operations to Saudi Arabia and China by next year and to introduce   street shop in Hong Kong.
             mass-production products that would compete with coffee giants   The new space, comprising shop No. 1 of the G/F, retail 10 of
             already on the shelves.                              1/F and retail 3 on 2/F of LHT Tower on No.31 Queen’s Road
              Coffee consumption in China is on the rise, especially among the   Central amounts to 7,158sq ft. American Eagle has been a part
             young  generation  who  see  it as  more  aligned  with today’s “pop-  of Hong Kong’s fashion market since 2011, and the new flagship
             culture,” said Mohamed Ali AlMadfai, CEO of Emirati Coffee.  street  store  will also  introduce  intimate apparel and  lifestyle
              Emirati Coffee works directly with coffee farmers and producers   brand Aerie.
             and their coffee is sourced from 30 origins. Now, AlMadfai said they   The new American Eagle store allows us to connect with our
             are looking to work with Chinese coffee farmers as well.  customer  through an elevated  in-store shopping  experience
              Founded in 2017, Emirati Coffee is a vertically integrated company   while introducing local shoppers to the incredibly popular Aerie
             which roasts its coffee in Al Quoz and supplies it to 160 cafes.  brand,” said Andrew Mclean, CCO at  American Eagle.




































        14 RETAIL & LEISURE INTERNATIONAL JUNE 2021
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