Reporting and analysis on retail, e-commerce, and consumer trends in Singapore, updated continuously by our newsroom.
Trading conditions have continued to be challenging for clothing company Esprit Holdings. With the industry changing rapidly, the company says it has had fewer customers in its brick-and-mortar retail stores as well as increased competition in the e-commerce…
Structural headwinds from e-commerce are blamed for retailers woes. Despite economic growth in Singapore, prime rents and yields, which reached $35 psf per month and 4.3% respectively, are expected to stay flat, Savills Investment Manager said. According to…
While Malaysian fashion retailer Bonia sold fewer handbags in its second quarter, it did manage to grow its net profit. It achieved a net profit of RM11.99 million (US$3 million) for the period, to the end of December, up 8 per cent. It attributes the upswing…
E-commerce platform Shopee Singapore has launched a China Marketplace. Users can access it via a dedicated entry point on Shopee’s home page. As well as offering a variety of products from China, the new marketplace offers inroads for sellers to tap into…
Singapore’s first free marketing platform helping offline retailers bring nearby customers to their stores, has launched. With just three clicks, users will be able to discover what to eat, shop and do based on two factors: where they are and when they search…
Chinese tech giant has set up a joint research facility at Singapore’s Nanyang Technological University to develop artificial intelligence-based technologies in retail, transportation and healthcare Chinese e-commerce and technology giant Alibaba has…
Local brand IRVINS Salted Egg, which is popular with both Singaporeans and Hong Kong tourists, have taken their famous potato chip and fish skin snacks to Hong Kong. The company opened its first pop-up store in Harbour City in Tsim Sha Tsui on Tuesday (Feb…
US fashion retailer American Eagle Outfitters is about to quit the Singapore market. At a closing-down sale at at its Suntec City outlet, staff members have confirmed that the store’s closure on Wednesday will mark the end of the brand’s presence in…
Vietjet will soon shift its operation of international flights from Terminal 3 to Terminal 4 (T4) of Changi International Airport, Singapore beginning 6 March 2018. The forthcoming shift in operation marks the expansion and growth of Vietjet in Singapore’s…
Malaysian home improvement retailer Mr DIY has launched its first flagship store, at Mid Valley Megamall in Kuala Lumpur. The chain’s 360th store covers 1393sqm on the mall’s third-floor mezzanine, offering 20,000 product varieties across nine departments –…
Go-Jek has raised a higher than targeted $1.5 billion in a fundraising round from a dozen investors, including BlackRock and Google, as the Indonesian ride-hailing firm builds its war chest to fight deep-pocketed rivals. Go-Jek had planned last year to raise…
Bolloré Logistics Asia-Pacific is happy to announce that this year’s edition of the Singapore Airshow was a resounding success. This edition of the biennial event was the 6th since the show’s inception in 2008. With a plethora of exhibitors from 38 countries,…
Qualtrics, the leader in research and experience management, today announced the Qualtrics Community, a new, online forum to bring together users of the Qualtrics Experience Management PlatformTM. The Qualtrics Community allows users to share best practices,…
In its relentless pursuit to redefine urban living with smart design and innovative technologies, CapitaLand has written a new world record as it embarks on the complex crowning process for Raffles City Chongqing, the iconic 1.12 million-square-metre (sq m)…
Clothing brands Banana Republic and Gap are about to quit Singapore, FJ Benjamin has announced. Both outlets have announced their impending departure on their respective Facebook pages. FJ Benjamin, which brought both American brands to Singapore, says it…
Singapore Expo could be managed by a different operator for the first time in its nearly 20-year history, if SingEx loses its tender bid to two new contenders. A tender to operate the space was launched by the Singapore Tourism Board (STB) on Dec 6 last year,…
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