Changi Airport Group (CAG) is inviting companies to participate in a luxury retail tender in four locations within the departure/transit lounge South of Terminal 3. “We are looking for unique and exciting luxury brands and concepts that are currently not…
Developers Metnor Group has built and sold a portfolio of student accommodation properties in Newcastle to one of Singapore’s largest private property developers for £40.6m. The Killingworth-headquartered firm acquired the brownfield site in Shieldfield,…
Singapore’s largest grocery retailer NTUC FairPrice has removed all products supplied by Asia Pulp & Paper from its stores due to the paper giant’s role in contributing to the toxic haze. The Singapore Environment Council (SEC) has instituted a temporary…
Osim International subsidiary, upmarket tea chain TWG, is playing down a pesticide report in Taiwan. Taiwan’s Food and Drug Administration says it found excessive levels of pesticide residues in TWG’s Chamomile Green Tea sourced from India. TWG has retail…
Asian venture capital-backed companies enjoyed 45% year-on-year growth in capital received during the second quarter of 2015, bringing in more than $10 billion in investments, according to a recent report by KPMG, an audit, tax and advisory company. The…
Singapore has extended its support to revive Lak Sathosa, Sri Lanka’s sole State-owned retail chain In a significant development affecting Sri Lanka’s retail market segments. The immediate offer of support comes in the wake of a Ministerial level call made…
Changi Airport Group (CAG) has issued a tender for luxury brand concessions in the terminal three departure/transit lounge south at Singapore Changi airport. Concession A spans 112sq m, concession B 103sq m, concession C 86sq m and concession D 100sq m. The…
The Asia luxury goods market is still growing rapidly despite negative press about Hong Kong, Macau and deteriorating China spending. Luxury goods retail sales in Asia-Pacific are expected to reach US$134.9 billion by 2019, growing at a CAGR of seven per cent…
PM Narendra Modi may have been the flag-bearer of `Make in India’, with his recent trip to the US being a highlight for `Digital India’. But another Indian startup has joined the growing list of new companies moving base out of India. Gurgaon-based Grofers…
Sri Lanka’s state owned retail chain Lanka Sathosa, plans to get support to revive from Singapore as the retail chain is making continues losses, ministry of industry and commerce said in a release. Lanka Sathosa owned more than 310 outlets around the Island.…
Pedder Group has opened a 20,000 sqft flagship on Scotts Rd – its largest store in Asia. The new store dwarves the Hong Kong-headquartered brand’s stores in China and Hong Kong, which are 3000 to 3500 sqft. And it’s four times the size of the On Pedder store…
GIC has entered into a joint venture with United States-listed real estate firm Macerich to invest in a 40 per cent interest in five retail properties in the world’s largest economy, the Singapore sovereign fund said yesterday. When contacted by Today, GIC…
Foodora – an upmarket little sister of mass market food delivery monopoly Foodpanda – is destined for Singapore. Foodora Singapore is best described as an “upscale Foodpanda”, a high-end food delivery service targeting cashed-up Millennials who want a higher…
KidZania, the global chain of role-play centres for children, will invest over US$15 million in a facility in Delhi-NCR, CEO Sanjeev Kumar, has said. “The project funding will be done through 70 per cent equity and 30 per cent debt, Kumar said. The new…
Muslim tourists spent $62 billion shopping and dining last year – and Asia got a huge share. Malaysia and Singapore were the second and third most popular shopping destinations for Muslim tourists last year, lagging behind only Dubai, according to the…
Singapore’s Croesus Retail Trust has bought Torius Property in Fukuoka Prefecture, Japan, for JPY 7,997 million (S$95.2 million). Torius, comprising 36 separate retail buildings, will be Croesus Singapore’s eighth Japanese property and marks its first foray…
Retail Academy: Singapore
Free background guides on how retail works in this market.
High spending power, almost no domestic scale, and the region's default location for a first ASEAN office. What Singapore is actually good for, and what it i…
Who the landlords are, how leases are structured, what drives rent, and how to choose a location in Singapore.
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