Reporting and analysis on retail, e-commerce, and consumer trends in Singapore, updated continuously by our newsroom.
Singapore casual dining brand 4Fingers has acquired a 50 per cent stake in Australian Mexican QSR brand Mad Mex Fresh Mexican Grill. The move is reportedly a first step into a scalable, quality F&B portfolio ready for international expansion. Mad Mex is…
Designer Masaba Gupta’s House of Masaba will open a pop-up shop in an Indian restaurant, Yantra, on Saturday (September 22). Located in Singapore’s Tanglin Mall, the store will present the brand’s latest collection and provide shoppers with a chance to meet…
Indonesian ride-hailing firm Go-Jek is seeking to raise about $2 billion from existing investors, including Tencent Holdings and JD.com, to fund its expansion plans in Southeast Asia, sources familiar with the matter said on Monday (17/09). Go-Jek’s…
Recruiting is underway for the new Apple Marina Bay Sands flagship store – and another. Advertising on Apple Singapore’s jobs portal promotes roles believed to be for two new stores in the city. Construction has been under way for many months on the Marina…
Hong Kong’s OnTheList flash-sale concept has launched in Singapore. The first OnTheList Singapore sale will run from September 19 to 22 in Ngee Ann City Tower B. It marks the first overseas foray by the independent, members-only flash-sale concept platform,…
Just days after Costa Coffee announced it was to be bought by Coca-Cola, UK cafe chain Costa Coffee has confirmed it is exiting Singapore. During the last 13 weeks Costa Coffee Singapore has closed six stores in the city and its two remaining outlets will…
The planned Jones the Grocer Myanmar expansion has been cancelled. Singaporean Myanmar Investco investment and management firm has called off a partnership with restaurant chain Jones the Grocer. The company, which specialises in investments focused on the…
Singapore locals can now have breakfast at Tiffany’s with a new pop-up for the iconic New York jeweller of the same name opening at ION Orchard mall this month. The Audrey Hepburn-linked jeweller has taken over the Tiong Bahru Bakery located on Eng Hoon…
Singapore Apple reseller Epicentre Holdings has posted a S$7.1 million loss for the last year after all but cutting ties with the tech giant. Epicentre announced in June it would sell its four stores and e-commerce site to a rival reseller, after the opening…
Emperor Watch & Jewellery cites “strong momentum in luxury consumption” as the reason for a massive profit boost in the first half of this year. Total sales surged 34.3 per cent to HK$2.454 billion (US$312.6 million), as inbound tourism arrivals from the…
It’s been almost two and a half years since Alibaba initially invested in Lazada, and the Chinese e-commerce giant has now invested at least $4 billion total in the company, including a $2 billion infusion this past April. At that point, Alibaba saw great…
Singapore tourist spending has dipped by half a percent, despite a 7.3 per cent boost in arrivals. According to the Singapore Tourism Board, about 4.6 million visitors arrived in the city state in the first quarter of this year – but they spent less on…
Japanese apparel giant Fast Retailing is eyeing massive expansion in Asia-Pacific. The Uniqlo Southeast Asia and Oceania store network is set to double by 2022 to about 400 stores, Fast Retailing’s group senior VP Satoshi Hatase said in an interview. The…
Indian leather retailer Hidesign plans to open flagship stores at Singapore’s Changi airport and in Indonesia as it eyes an Asia-wide footprint. At home, Hidesign plans 12 new stores in the next two months in cities including Goa, Kolkata, Indore, Jaipur,…
Malaysian-headquartered apparel and homewares retailer Laura Ashley is selling its commercial property in Singapore against declining sales – but it remains positive about its regional prospects. The firm’s full year results announced a fall in profits from…
Bakery franchise BreadTalk Group has brought two Shenzhen-based specialty tea brands – Nayuki and TaiGai – into Singapore. BreadTalk will operate and manage both brands in its joint venture with Shenzhen Pindao Food & Beverage Management. The agreement marks…
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