Reporting and analysis on retail, e-commerce, and consumer trends in Singapore, updated continuously by our newsroom.
UNIQLO today announces that it will open its first global flagship store in Singapore, and in the Southeast Asia region, in the autumn of this year. The new store, which will be the largest UNIQLO store in Singapore and in the region, will be located in the…
In a bid to venture beyond its core offering of paying people to shop online, ShopBack Singapore has conducted a weeklong public polling exercise to find out what are the everyday activities that Singaporeans would like to get paid for. Since ShopBack’s…
Singtel, Australia’s Telstra and SubPartners have jointly entered an agreement to build a new subsea cable linking Australia and Singapore. The new APX-West cable will run between Perth on the west coast of Australia to Singapore. The two fiber pair cable…
The global economic chill may have helped cool the runaway growth in luxury brands as consumers start to think twice before splurging. One e-commerce player, however, is hoping for an Indian summer. Daniel Lim, one of the co-founders of Reebonz, said the…
Global fashion chain Ted Baker overcame an uncertain backdrop in Asia to boost profits by 18.6 per cent last year. Rebecca Marks, an analyst at Verdict Retail, said Ted Baker’s strong full year results demonstrate the strength of the brand, driven by its…
Despite signs of a slowdown of imports into China, Singapore Post (SingPost) remains bullish on the prospects for e-commerce flows into Asia’s largest economy. The postal agency has upped its stake in Shenzhen-based e-commerce provider 4PX Information…
Tourist arrivals will spike this year. Buoyed by the resurgent rupiah, Indonesian holidaymakers are once again trooping to Singapore to shop and splurge, according to a report by Bloomberg. The rupiah has surged 9.9 percent against the U.S. dollar over the…
The service is too costly. Singapore’s telco operators recently unveiled new NFC-powered SIM cards, which will allow commuters to pay fares using their mobile phones. The SIM cards will also be accepted at 30,000 ez-link terminals across the island. However,…
Japanese clothing brand Uniqlo is set to open its first global flagship store in Singapore and the Southeast Asia region at Orchard Road by the second half of this year. The store, spanning across three levels at Orchard Central (a total area of 2,700 sqm),…
Standard Chartered Bank has opened a new innovation lab in Singapore to explore the use of emerging technologies and data sciences in support of the bank’s digital transformation strategy. The ‘eXellerator’ builds upon Standard Chartered’s established…
The Singapore Tourism Board (STB) reports that the country witnessed encouraged growth in the cruise and business segments as the Singapore Cruise Centre (SCC) was named the number one cruise port in Asia in 2015. Interestingly, the cruise industry saw a 14%…
The revised de Minimis Threshold increases the limit to the United States from US$200 to US$800. Web-based small and medium enterprises (SMEs) retail exporters in Singapore can now gain better access to the United States market with the revision of de Minimis…
Real Singapore retail sales recovered slightly in January, rising 1.4 per cent year-on-year. The headline figure widely reported by business media of a 7.5 per cent increase included motor vehicles. Real retail sales fell 0.5 per cent from December to…
The possibilities for online shopping seem endless. To buy clothing, electronics and even your groceries you don’t have to leave the house anymore. Buying online is usually cheaper than buying in store too, because you can find really great discounts and…
Largely in line with expectations, Esprit sales were flat, the fashion brand says in its interim report for the six months to December 31. While its overall turnover was down 0.4 per cent overall, retail turnover grew 6 per cent while wholesale turnover fell…
Faced with a cloudy economic outlook, Hong Kong is casting a keen eye on action taken in Singapore, a fellow open economy buffeted by external forces – and an old rival. Thursday offered a good look. Finance Minister Heng Swee Keat announced a Budget that…
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