Reporting and analysis on retail, e-commerce, and consumer trends in Singapore, updated continuously by our newsroom.
German shoe manufacturer Birkenstock has launched its House of Birkenstock in Singapore, marking the first of its kind in Asia. The store, located in one of the Duxton shophouses, combines the local design elements with its traditional German heritage. It is…
Singapore Airlines saw cargo loads jump 7 percent year on year in October, on the back of e-commerce flows and freighter charters, according to the company’s latest operating results. The carrier’s cargo operations posted a load factor of 56.1 percent, or 3.5…
Freight Management Holdings or FMH, a subsidiary of Singapore Post, has entered into a conditional sale and purchase agreement with the shareholders of Border Express, for a maximum purchase consideration of A$210 million, or approximately S$183 million.…
Singapore Airlines (SIA) will host the 67th edition of the Association of Asia Pacific Airlines (AAPA) Assembly of Presidents on 9 and 10 November 2023. The AAPA, which has 14 member airlines, is the trade association for scheduled international carriers…
Chloe has partnered with Heinemann Asia Pacific to launch a new boutique in Changi Airport’s Terminal 2 transit area. The launch, which marks Chloe’s first entry into Changi Airport and Heinemann’s return to Changi after an eight-year absence, includes a wide…
Singapore retail sales – excluding motor vehicles – were up only 0.5 percent year-on-year in September, a slowdown compared to the 4 per cent increase in August. According to the Department of Statistics Singapore, the total retail sales value was about…
FedEx Express is further enhancing its services between Vietnam and Singapore as well as the wider Asia, Middle East, Africa (AMEA) and Europe market, with the introduction of a new flight offering expedited delivery times. The new service will use a…
Flash Coffee has shut its Singapore operations to focus on other markets, the company told CNA on Friday (Oct 13) in response to queries about its business here. The Singapore-based coffee chain had 11 outlets in Singapore, including one at Jurong Point where…
Jollibee Singapore has opened its 20th location in Singapore – and its first in the city to feature a drive-thru service – at Caltex Jurong Spring station. “This milestone coincides with our 10th anniversary in Singapore, during which time we have expanded…
As Thailand was selected to be among Apple’s tier-1 markets for the second year, many Vietnamese traders chose the country, believing that there would be less competition in line. But it turned out that too many people had the same idea. Dinh Cong, a tech…
Singapore-based sneaker marketplace Novelship has bagged US$9.5 million in its Series B funding round led by East Ventures, iGlobe Partners, and GSR Ventures. The company said the new funds will be used to accelerate its expansion plans in Southeast Asia,…
If anyone thought that Credit Suisse’s collapse would prove fatal to the Swiss finance hub should take a look at what is going on in the city-state right now. Singapore and its financial hub have been in the throngs of an unbelievably large money laundering…
FedEx is supporting e-commerce growth in Singapore and enhancing the customer experience of online shoppers in the city state with the launch of Picture Proof of Delivery (PPOD) for express residential deliveries. Customers in Singapore who choose the…
Changi Airports International (CAI) has signed an agreement with Cairo Airport Company, which is expected to help position Cairo International Airport as a cargo and logistics hub. The Singapore-based airport consultancy firm will work with the airport…
German logistics firm DB Schenker on Monday announced plans to invest more than €100 million for a new zero-emissions logistics facility in Tampines, which is scheduled to be completed by the first half of 2025. Dubbed RedLion2, the 600,000-sqft facility will…
Singapore Post announced dividends in May as the group posted a record revenue of S$1.9 billion for the financial year 2022/2023, with the international business contributing around 90 percent of the total. In an unpredictable market environment, SingPost’s…
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