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…
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…
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,…
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…
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…
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…
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…
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…
Carousell, one of the world’s largest and fastest growing classifieds, today announced the appointment of Lewis Ng as Chief Commercial Officer. Lewis will be responsible for all commercial relationships, including high-value verticals, advertising sales and…
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…
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…
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 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,…
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…
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…
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.
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.
Asia Market Guides · 8 min read
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