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Thai retailers banking on consumer spending as mourning period ends

Spending will determine rebound strength as household consumption is worth half the country's US$407b GDP

Consumer spending in Thailand has been subdued amid grieving for the monarch who died last October, most visibly in a preference for monochrome clothing.


THE distributor of Nike Inc's Converse brand in Thailand is hopeful of a revival in consumer spending once a year-long mourning period for King Bhumibol Adulyadej ends on Oct 29.

Whether Rich Sport Pcl chief executive officer Papitch Wongpaitoonpiya is proved right will...

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