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Singapore Retail News

Reporting and analysis on retail, e-commerce, and consumer trends in Singapore, updated continuously by our newsroom.

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29 May 2019

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Latest Singapore retail stories

King Power Outlook
Rajiv MenonGeneral

WH Smith expands King Power partnership into Singapore

WH Smith has widened its franchise partnership with King Power Group (Hong Kong) to Singapore. Until now, the franchise partnership deal struck last year covered Hong Kong only. The new partnership aims to grow WH Smith’s presence in Singapore and explore…

Breadtalk
Aiko TanakaGeneral

Thailand acquisition boosts BreadTalk Turn Over

Singapore’s BreadTalk Group has reported a year-on-year revenue increase of 6.1 percent to S$157.6 million (US$115.56 million) for its first financial quarter this year. The group’s net profit increased by 11.5 percent to $1.3 million over the period. Sales…

Superdry 3 tcm87 25670
Aiko TanakaFashion

Superdry Struggling To Stay in the Game

A poor fourth quarter has resulted in another profit warning from casualwear-brand Superdry and one analyst describes the embattled label as “struggling to remain relevant”. Amy Higginbotham, a retail analyst at GlobalData, the data and analytics company,…

StarhubLtd100316 0
Minjun ParkTelecom

StarHub launches SD-WAN solution through ngena

Singapore’s StarHub has announced an innovative SD-WAN solution through its partnership with the Next Generation Enterprise Network Alliance (ngena). The new solution is designed to meet the needs of multinational companies choosing to set up a global or…

hong kong britain earns hsbc 9902d9475d758d39
Wei ZhangFinance

HSBC Gets New Trade Finance Head from OCBC

The move comes as HSBC Singapore looks to strengthen its regional coverage and increase its headcount across its entire business by more than 10 percent over a three-year period from 2018. HSBC Singapore on Monday announced the appointment of Tze Tze Lee as…

5g city future
Wei ZhangTelecom

Singapore’s IMDA consulting on 5G policy framework

Singapore’s Infocomm Media Development Authority (IMDA) has launched a public consultation on the appropriate regulatory framework for 5G, with the goal of enabling commercial deployments by 2020. The regulator is seeking feedback from the telecommunications…

20130818153450 fiber optics internet access
Maria SantosTelecom

HyalRoute to invest up to $2b in Philippines fiber project

Singapore-based shared fiber network provider HyalRoute has signed an agreement with the Philippines’ Department of ICT to invest up to $2 billion expanding to the market. The company’s subsidiary Philippine Fiber Optic Cable Network (PFCON) signed a…

Pic 1 The Whiskey House at DFS Hong Kong International Airport 1024x683
Minjun ParkFood

DFS launches fourth Whisky Festival

DFS Group has launched the fourth Whisky Festival at Changi Airport, this one with a pop-up bar. Aiming to “demystify the whiskey-making process”, the festival offers a selection of more than 400 whiskeys and many exclusive offers. Highlights include…

Banking
Minjun ParkFinance

Singapore May Allow Virtual Banks

Singapore may permit virtual banks to operate in the city-state, following in the footsteps of Hong Kong, said DBS chief executive. If virtual banking licenses were handed out in Singapore, it would step up the competitive pressures faced by incumbent…

orchard road singapore retail
Sarah ChenResearch

Procter & Gamble Starts S$12m Innovation Hub in Singapore

Procter & Gamble Singapore has announced a S$12 million innovation investment to create the next billion-dollar corporate concept for Singapore. GrowthWorks was announced on the 5th anniversary of P&G’s Singapore Innovation Center (SgIC). The intrapreneurship…

samsonite
Sarah ChenGeneral

First Asian Samsonite Premium store Coming to The Jewel

The first Samsonite ultra-premium store in Asia is to open at Jewel Changi. The luggage brand is also planning one more outlet at Changi, raising its store network at the airport to five. “Every time we come up with something new, something big, we launch it…

Muji fresh store Osaka fruits
Rajiv MenonGeneral

Muji Singapore opens Large store at The Jewel

Muji Singapore has opened a two-storey store at Jewel Changi. The 12th outlet of the popular Japanese minimalist brand houses more than 4000 products and an 88-seat Cafe&Meal dining area. The product range includes apparel, furniture, kitchenware, toiletries,…

underarmour
Aiko TanakaFashion

Under Armour Singapore showcases Rush

Under Armour Singapore has partnered with Celliant to create performance apparel line UA Rush and Recovery. Designed to enhance performance, the collection includes men’s and women’s fitted tees, long-sleeved shirts, leggings and tights and more. All pieces…

Anta Sports shoes
Wei ZhangFashion

Durasport Singapore opens Doors at Jewel Changi

Ultra-performance brand Durasport has opened a store at Jewel Changi. Designed by architecture and interiors firm Ministry of Design (MOD), the store resembles a futuristic research and development lab environment. The store is tailored to sports enthusiasts…

Louis Vuitton menswear
Sarah ChenFashion

Stefano Ricci opens Doors at The Shoppes

Italian menswear Stefano Ricci has opened a boutique at The Shoppes at Marina Bay Sands. The 150sqm store presents the brand’s menswear range, SR Home collection, and leather goods such as belts, bags, wallets and shoes. The maison’s made-to-measure service…

Retail Academy: Singapore

Free background guides on how retail works in this market.

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