
SET-listed FN Factory Outlet, the operator of FN outlets, has transformed from a retail factory outlet to a retail developer, planning to build more consumer product brands as a new source of income.
According to Benyiam Songwatana, the company's executive director and chief technology officer, the company's business concept has been adjusted since last year after in-house research found there are two main customer groups shopping at FN Factory Outlet: locals and travellers.