Reporting and analysis on retail, e-commerce, and consumer trends in Singapore, updated continuously by our newsroom.
Manhattan Associates today announced that Castlery, the Singapore-based online furniture retailer, has selected Manhattan SCALE as a key component of a business transformation programme to build a world-class order fulfilment capability that will ensure a…
Clarion Events Asia, part of the global Clarion Events Group – a leading event organiser, producing and delivering innovative and cutting edge events since 1947 – today announced that they have acquired RetailEX ASEAN, a fast growing trade exhibition serving…
Real Singapore retail sales – the data excluding motor vehicles – recovered 0.7 per cent in December over November – and by an even smaller 0.3 per cent year-on-year. The total value of retail sales in December 2016 was estimated at $4.2 billion, similar to…
Singapore’s soya-sauce chicken hawker outlet is heading overseas with Taipei as its first stop. The Michelin star restaurant’s Taiwanese debut will be at Hoyii North Station in the first half of this year. Owner Chan Hon Meng says he is excited to share…
Funding Societies has launched FS Bolt – a mobile application designed to provide flexible working capital loans for Singapore SMEs. Complementing the government’s financing programs for SMEs, FS Bolt offers loans with quantum up to S$20,000 ($14,000) for…
A stunning Herman Miller store-in-store at Marina Square uses ‘fabricwood’ to frame entrances and create impact. The store is part of furniture and lighting retailer Xtra’s latest flagship and the ‘fabricwood’ effect is created by bending 280 panels of…
Singapore’s retail sales rose 0.4 per cent in December 2016 compared to the same month in 2015, mainly due to higher sales of medical goods & toiletries. Stripping out sales of motor vehicles, retail sales went up by 0.3 per cent, the Department of Statistics…
Tourism spending was a silver lining for the struggling retail industry last year. Tourists spent $4.3 billion on shopping between January and September. That is nearly 50 per cent more than in the same period in 2015, according to figures released yesterday…
CIOs in Singapore are stepping up their fight against the security risks posed by the widespread adoption of BYOD practices. More than one in three (36%) CIOs say a lack of employee knowledge and skills around data security is the most significant security…
Soo Kee Group has sealed a deal to form a company with Thai jeweller Aurora Design. With an initial paid-up capital of S$1.2 million (US$845,000), the JV will be set up in Thailand. Soo Kee will hold a 40 per cent stake in the company with Aurora holding the…
Hermes sales rose 8 per cent last year for French high-fashion goods manufacturer Hermes International. In what it describes as a “difficult context”, the group’s consolidated revenue reached €5202 million (US$5.5 billion). Sales growth was sustained in the…
Global manufacturer of fitness products Garmin has selected Singapore as its regional headquarters as part of the brand’s strategic plan to strengthen its presence in the region. Garmin’s consumer products have been sold in Singapore through distributors…
Singapore-based lifestyle venture platform, iFashion Group, announced today it has acquired Singaporean independent designer brands marketplace Megafash for S$3.5 million (US$2.23 million), in a cash and shares deal. iFashion group also appointed Jeremy Khoo,…
Online shopping is fast becoming a favourite activity of Singaporeans, research shows, as the country’s bricks and mortar retail sector continues to struggle. A survey, conducted by Edelman Intelligence and Criteo, revealed that 84% of Singaporeans love to…
DHL Supply Chain, which is involved in contract logistics solutions, has named Jerome Gillet as CEO of the new Singapore cluster which includes Singapore, Malaysia, and the Philippines. In this role, Gillet will continue to report to DHL Supply Chain Asia…
Singapore Airlines reported on Tuesday a 1.7 percent rise in third-quarter operating profit, helped by an unexpected growth from cargo and mail, while net fuel costs fell. Profit reached S$293 million ($207 million) for the three months ended Dec. 31, S$5…
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