THAILANDSICThailand Standard Industrial Classification

TSIC Activity

47822

Retail sale via stalls and markets of clothing, footwear and leather articles

ประกอบกิจการขายปลีก ขายส่ง เสื้อผ้า เครื่องแต่งกาย รองเท้า สินค้าแฟชั่น

What this activity covers

Companies engage in retail sales of clothing, footwear, and leather goods at stalls and markets.

  • Clothing sales — Retail of various clothing items
  • Footwear sales — Retail of all types of footwear, excluding sports
  • Leather goods sales — Retail of leather articles, including bags and accessories
  • Hats and accessories — Retail of hats and clothing accessories
  • Luggage sales — Retail of luggage and handbags
  • Saddlery and harness — Retail of saddlery and related leather products

What companies here also do

Seen in real company registrations under this code — beyond the official definition, so licensing may differ.

  • Wholesale activities — Engaging in wholesale of clothing and accessories
  • Import and export — Importing and exporting bags and leather goods
  • Second-hand sales — Selling second-hand clothing and branded items

Not included here

  • Retail sale of sports shoes on stalls and markets. See activity 47899.
  • Retail sale of pet toys on stalls and markets. See activity 47897.
  • Retail sale of leather watch straps on stalls and markets. See 47896 activities.

Foreign ownership

List 3: Restricted, FBL/BOI route availableinherited from 47

Retail sale of goods of all kinds, where the aggregate minimum capital or the minimum capital per store is below the level prescribed in the Act

Not a hard restriction — only applies while under-capitalised. A foreign-majority retailer is exempt from this List 3 item (no Foreign Business Licence needed) once registered capital meets the Act's minimum, typically THB 100 million in total and THB 20 million per store. Verify current ministerial-regulation figures.

FBA B.E. 2542, List 3 (14)Routes: Foreign Business Licence, BOI promotion, US Treaty of Amity

Auto-mapped, verify against the Act. These TSIC mappings are indicative, not legal advice; the schedules of the Foreign Business Act B.E. 2542 are the authority. See the full foreign ownership reference.

Industry at a glance

as of 23 ก.ค. 69

The whole registered industry under this activity, every registration year, from the DBD DataWarehouse.

133
active companies operate here
฿913.3Mregistered capital, combined
฿922.9M
Sector revenue · 2025
+10% since 2023
฿-62781551
Net profit · 2025
44 profitable
202320242025

net profitrevenue

Foreign investment

new registrations · 2026 YTD
0%of new registered capital is foreign-held
฿0 foreign฿25.8M Thai

Almost entirely Thai-held — little foreign capital enters here.

1 of the 5 largest companies here are foreign-owned Thailand subsidiaries.

New in 2026

18+800.0%

registrations, YTD

Registered capital

฿913.3M+4.2%

since year-end

Largest by revenue

Latest filed-year revenue, not a multi-year total

  1. 1Bangkok Sportwear Co., Ltd.฿251.8M
  2. 2Ferragamo (Thailand) Co., Ltd.intl฿236.0M
  3. 3Nakhon-Dow Golden Shoes Co., Ltd.฿56.3M
  4. 4Pian Karn Corporation Co., Ltd.฿28.6M
  5. 5V.R. AUTHENTIC CO., LTD.฿25.9M

Largest by registered capital

  1. 1Ferragamo (Thailand) Co., Ltd.intlBangkok฿295.0M
  2. 2Thai Jewelry Group Co., Ltd.Bangkok฿260.0M
  3. 3A List DS Co., Ltd.Bangkok฿45.0M

Source: Department of Business Development DataWarehouse. Financial figures are combined totals of companies that filed statements; revenue and profit shown for the latest three reporting years.

Companies registered since 2022

Browse all

New DBD registrations under this activity since 2022, the period the registry snapshot covers, not the full historical register.

52
Registered
since 2022
44
Still active
8
Dissolved
฿1.0M
Median capital
of active

New registrations per year

2022peak 16 in 20232026

Largest active companies by registered capital

Source: Department of Business Development (DBD) new-registration records, 2022 to present. Counts cover companies first registered in that window, reflect the latest snapshot load, and may lag the live register.

Emerhub

Restricted activity? There is usually a route.

Emerhub structures foreign-owned companies around FBA restrictions: Foreign Business Licence applications, BOI promotion, and compliant shareholding structures. Talk through your case before you commit to one.

Talk to Emerhub Thailand