Reporting and analysis on retail, e-commerce, and consumer trends in Singapore, updated continuously by our newsroom.
South Korea has the potential to become the world’s top MICE (meeting, incentive tour, convention and exhibition) destination once it upgrades its tourism infrastructure, Marina Bay Sands (MBS) CEO George Tanasijevich said.By Kim Jae-kyoung He added that a…
Singapore’s retail sales increased 7.5 percent in January on a year-on-year basis, mainly due to a spike in sales of motor vehicles, said the Department of Statistics Singapore (SingStat) on Tuesday. On a month-on-month basis, retail sales dropped 1.2 percent…
The Infocomm Development Authority of Singapore (IDA), SPRING Singapore and CapitaLand Mall Trust (CMT) Management Limited have teamed up to enhance last-mile delivery for retailers. The three parties have signed a Memorandum of Intent (MOI) to launch an…
CapitaLand Mall Trust (CMT) is poised to dominate the retail REIT scene in 2016, with positive rental reversions and increased tourist arrivals playing to its favour. According to a report by RHB, CMT is likely to enjoy mid single-digit (about 5%) positive…
Fitch Asia, the retail and brand consultancy, has appointed a new regional CEO to cover north and southeast Asia. UK-born and Australian-raised Andrew Crombie will lead the company’s growth across the region from its Singapore hub, reporting to worldwide CEO…
Japan’s Kose cosmetics has unveiled a global marketing plan that aims to give it a strong international presence – including department store outlets in China, Malaysia and Singapore. The plan was revealed as it celebrated its 70th birthday, with a media…
Japanese lifestyle brand Muji is planning a new flagship store in Singapore. Masaaki Kanai, chairman of Muji’s parent company Ryohin Keikaku, said on Tuesday (Mar 15) that the new flagship store is estimated to be around 3,300 square metres and will feature…
When customers do not have time to slowly sample the offerings, the owners of Kki Sweets at the School of the Arts (Sota) ask them to come back another day – even at the risk of losing business. “We want people to come in and slow down. Cake is something you…
Days after being launched, Singapore’s Hallyu Ventures (HVPL) has spent US$13.8 million to take a 38 per cent shareholding in South Korean coffee chain Caffe Bene, which has outlets in 14 countries. HVPL is a joint venture between Future Investment Holdings…
As Singapore retailers face pressure from the slowing economy, Orchard Road malls are looking for new ways to draw the crowds. Besides renovating the mall and changing the tenant mix, landlords are also throwing in free performances in a bid to attract the…
When Indonesia’s first Formula One driver Rio Haryanto makes his debut with the Manor Racing team at the new season on March 20, he is likely to set the hearts of female fans a flutter. The only Asian to be on the starting grid boasts not only a chiselled jaw…
Singapore will be the first offshore location for Australian consumer electronics product information platform Product Lighthouse. Singapore has been identified because of the sophistication of the domestic market, the high demand for electronic goods, and…
Vietnam is on the radar for Hong Kong clothing retailer Giordano International, both as a market and supplier. With its steady growth in the emerging market, the company is planning to establish a legal entity Giordano Vietnam. It is also eyeing the country…
SingTel Singapore has repositioned itself as a ‘human services brand’ by putting the customer at the core of its retail store design rationale. The latest generation store rendition was created by Sydney-based design agency Public Design Group. Co-founder…
Fashion retailer and apparel supplier Decks Singapore has implemented an RFID inventory and stock-taking system that saves time while ensuring greater accuracy. Previously, 600 worker-hours were involved in the company’s annual stock-take, with 88 per cent…
Toys’R’Us has announced that Monika Merz, president, Asia Pacific, will retire effective May 31. Her successor will be named later. As president of Toys’R’Us Asia Pacific, Merz oversees all operations and business activities for the company’s more than 300…
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