Reporting and analysis on retail, e-commerce, and consumer trends in Singapore, updated continuously by our newsroom.
Zalora is holding a Fashion Festival on Saturday (September 7) at The Deck in Singapore’s art district. The Zalora Fashion Festival is in partnership with leading global brands in fashion, beauty and technology to create the festival as an interactive…
Singapore-listed heavy equipment supplier, Hoe Leong, said it received a statuary demand from a law firm acting on behalf of UOB, seeking payment of about 5.7 million Singapore dollars. The statutory demand, issued by law firm Allen & Gledhill on behalf of…
Listed Singapore food-and-beverage company BreadTalk Group is to buy foodcourt operator Food Junction Management (FJM). A subsidiary of BreadTalk, Topwin Investment, has signed a sale and purchase agreement to pay S$80 million for FJM, which operates 12…
Singapore-headquartered online diamond marketplace, Luxiee, has raised a six-figure investment in a private seed-funding round. The team secured financier Kewee Kho, also vice-chairman of Roadbull Logistics and independent director of Courts Asia, as the…
The Shoppes at Marina Bay Sands has created a host of activities for shoppers to “rediscover luxury” in celebration of the Fall-Winter 2019 fashion season. A chic installation will be located at the Grand Colonnade Bay Level of The Shoppes until September 17,…
Hotpot-restaurant tycoon Zhang Yong has topped the latest Forbes Singapore Rich List. Zhang, the founder of the Haidilao restaurant business, has an estimated net worth of US$13.8 billion (US$19.2 billion) – enough to push last year’s richest Singaporeans,…
After five years at The Centrepoint, Metro Department Store will shutter its flagship next month. The announcement heralds the latest in a series of closures at the 36-year-old mall, which has close to 10 vacant units with more already expected to come.…
An 18-month-old girl has died following an accident at Urban Revivo fashion store at Jewel Changi Airport, according to reporting in The Straits Times. The toddler suffered fatal injuries after a standing mirror fell on top of her. She died in hospital after…
A CDF Beauty duty-free megastore has opened in Hong Kong’s Citygate Phase II. Spanning more than 10,000sqft, CDF Beauty houses 45 beauty brands, including cosmetics, skincare products and beauty appliances. Citygate is located near Hong Kong International…
Wave House Sentosa is set to celebrate its 10th year anniversary with a line-up of activities and promotions – and a new home. Wave House was one of Singapore’s first integrated surfing-and-lifestyle destinations. The facility, which includes an enclosed…
Singapore-based online advertising platform Carousell has marked its seventh anniversary with the launch of a new visual identity, together with milestones including having reached its 250 millionth listing and fourfold revenue growth last year. “Our mission…
Switzerland Global Enterprise and the Swiss Business Hub ASEAN announced that they will showcase the best of the country’s fintech ecosystem and expertise under its Swiss Pavilion in the upcoming Singapore FinTech Festival 2019. Returning for the third year,…
Continued growth from its ultra-high net worth clients business has led Bank of Singapore to bolster its product capabilities with the addition of a new head of bespoke investments for Greater China and North Asia. Kelvin Teo joins the bank in the new Hong…
Royal Dutch Shell is launching electric vehicle chargers at petrol stations in Singapore, its first such foray in Southeast Asia, the company said on Monday. The electric vehicle charging service, ‘Shell Recharge’, will be available at 10 Shell petrol…
The two new board members will help the bank accelerate its business transformation in Singapore and deepen its foray into the digital space. HSBC Bank (Singapore), the local subsidiary of HSBC that includes retail banking and wealth management businesses, is…
Singapore retail sales – excluding motor vehicles – decreased by 2.7 percent in June, according to Statistics Singapore. The headline figure, which includes motor vehicles, was down 8.9 percent, reflecting the high volume of cars sold in June last year and a…
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