Reporting and analysis on retail, e-commerce, and consumer trends in Singapore, updated continuously by our newsroom.
Michael Kors Asia sales are showing healthy growth – at the same time as same-store figures are falling heavily in its US home market. Michael Kors has kicked off its new financial year with a weak set of numbers this week. Total revenue was virtually flat,…
Singtel Group has launched “The 5-Min Video Challenge” a joint initiative by associates within the group, comprising Singtel, Optus, AIS, Airtel, Globe and Telkomsel. Winning content will be distributed and made accessible to over 600 million customers across…
SingPost eCommerce delivered soaring sales growth – and expenses – in the last quarter. Revenue in the three months to June 30 grew a robust 30.9 per cent to S$333.4 million, buoyed by continued expansion of cross-border eCommerce-related activities, and the…
Nike is phasing out its golf equipment business to focus on shoes and apparel. The company has announced it is accelerating its footwear and apparel business and will transition out of Nike golf equipment range – including clubs, balls and bags. “We’re…
A member of the family which founded Singapore’s iconic Metro department stores, Ong Jenn, is facing more than half a dozen charges related to the possession, consumption and trafficking of cannabis – which is a Class A controlled drug. According to court…
Singtel and Ericsson have completed the first live demonstration of 5G prototype technology, achieving a peak throughput of 27.5Gbps. The demonstration used Ericsson’s 5G radio prototypes to showcase the capabilities offered by the new networking technology,…
The Shilla Duty Free has posted a 29 per cent year-on-year rise in second-quarter revenues for its Korean downtown stores, rebounding from the MERS-ravaged tourism sector at the same time last year. Downtown store revenue climbed to KW538.2 billion (US$473.6…
Apple’s first retail store in Singapore appears to be progressing nicely, with new photos obtained by MacRumors proving that the construction of the store’s glass facade and canopy is now well underway. Apple confirmed in November 2015 that its first-ever…
French multi-brand beauty retail giant Sephora opened its new local flagship store at Ion Orchard to much fanfare last Friday. The store sprawls across 10,000sqf on basement 2, and features a refreshed store concept from its previous premises on level 1,…
Datapipe, a leading global provider of managed hosting and cloud services for the enterprise, has led the cloud migration and digital transformation of China’s largest brand eCommerce services provider Baozun Inc. Baozun has shifted its IT systems to…
Franchise rights for 20 years for McDonald’s Singapore and Malaysia could fetch S$542.8 million (US$400 million). The rights have been put on the market as part of McDonald’s Corp’s international turnaround plan put in place by new CEO Steve Easterbrook last…
Singtel has launched a new service offering subscriptions to digital newspapers and magazines at discount rates, and with unmetered access to their content. The Singtel Newsstand service will at launch offer Singapore’s largest newspaper the Straits Times, as…
Singaporean contemporary jewellery brand Luvenus Jewellery announced today (July 26) that it has opened its first overseas outlet at Hong Kong International Airport to showcase its designs to the millions of travellers that pass through the airport each year.…
Singtel and Ericsson announced they have completed a live trial of pre-standard License Assisted Access (LAA) technology on Singtel’s network. The trial in an office building at Serangoon North involved a 20 MHz block of licensed 1800-MHz spectrum, augmented…
Singapore’s StarHub plans to start rolling out carrier aggregation and 64 quadrature amplitude modulation (QAM) technology by the end of the year to triple peak upload speeds to 150Mbps. The operator recently completed a trial of the technologies with Nokia,…
“A woman teared (up) when she tried our mooncake at the Hong Kong Food Expo,” recalled Lawrence Lau, the chief executive officer and managing director of Fei Fah International Group, which produces Chui Lau Heung mooncakes. That was when he realised how…
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