May
3, 2017
CRC Sports Co,
the sports retailer and distributor in Thailand, is reportedly extending its
investments into Myanmar, Cambodia and Viet Nam.
The CRC Sports
Company targets the top spot in the ASEAN region by 2020 and also aims to rank
among the top 50 players list worldwide.
As an effort for
this plan, the CRC Sports Company has opened more outlets in Viet Nam and are
eyeing Myanmar and Cambodia to open more stores as the two countries have the
economic opportunities for investors.
The CRC Sports
is a leading sports retailer and distributor in Thailand, the second largest
company in ASEAN after Indonesia’s Mitra Adiperkasa and listed at 59th place
worldwide.
In order to
strengthen its role in the market, 400 million baht will be allocated to
renovate its existing branches and open 29 more outlets in Thailand. The company
will also try to grow its online business. It will attempt to reach its target
of 250 stores by 2020, with an estimated 178 branches in Thailand by the end of
this year.
Ko Khant
Ref;
The Global New Light of Myanmar
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