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Saturday, March 25, 2023

Central upbeat on luxury stores in Europe

High-end customers unfazed by inflation

TAT governor, Yuthasak Supasorn, centre right, is accompanied by Mrs Supatra, second from right, Mr Thirayuth, centre left, Mr Chattan, second from left, and senior executives, at the “Discover Thailand Journey to Happiness” event hosted by the TAT and Central Group at KaDeWe department store, Germany.

Central Group remains confident that its luxury department stores in Europe won’t be affected by inflation as they targeted high-end customers, while Centara Hotels & Resorts (CHR) expects its revenue this year to exceed the level recorded in 2019.

Supatra Chirathivat, executive vice-president of Central Group, said malls in Europe have seen a gradual recovery of…

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