Reporting and analysis on retail, e-commerce, and consumer trends in Singapore, updated continuously by our newsroom.
Retail sales in Singapore edged up marginally in May, with growth constrained partly by lower motor vehicle sales, according to Thursday’s (July 12) Department of Statistics release. May’s retail takings were up 0.1 per cent from the same month a year ago,…
New “Asian-style sandwich” chain Liang Sandwich Bar launched in Singapore on Saturday, with an outlet in VivoCity mall’s B2 level. A second store is scheduled to open in Raffles City next month. Besides the two Singapore stores, Liang Sandwich Bar expects to…
Singapore’s Sheng Siong supermarket group is on track to open its 50th store this year, with bids in play for locations in Bukit Batok and Sumang Lane. And an analyst familiar with the business, CGS-CIMB’s Cezzane See, says the group’s pipeline is robust,…
Singapore state investor Temasek Holdings Pte Ltd is likely to book a record S$300 billion (RM892.3 billion) for the value of its portfolio, powered by gains in DBS Group Ltd and Chinese banks, while it steps up investment in tech startups. At the same time,…
Bangkok-based online-to-offline retailer Pomelo Fashion is to open its first physical store in Singapore. Pomelo Fashion, founded by former Lazada Thailand MD David Jou and which includes JD and Central Group on its shareholder register, sees the move as a…
Singapore’s VivoCity mall has opened a new 3000sqm basement extension housing 10 fashion, athleisure and lifestyle brands. Mapletree Commercial Property Management VP for marketing communications Gwen Au said the new extension will allow shoppers to discover…
Southeast Asian fashion startup Zilingo is set to raise a further US$50 million as it strengthens its operations in Singapore, Indonesia and Thailand and beyond. Zilingo was founded in October 2015 by Dhruv Kapoor and Ankiti Bose, who were inspired by the…
UK’s Costa Coffee says sales in China have underpinned solid growth in its Asian operations. Costa has 459 stores in China, where sales rose 4.9 per cent in the first half year as Chinese continue to boost their coffee consumption. The company plans to open a…
Consentium, a multi-digital-currency and group monetisation chat application, has today announced an updated roadmap which includes details on its app launch and latest addition to its leadership team. This follows its successful Token Generation Event (TGE)…
Melissa Chi, 30, remembers when her wardrobe was full of H&M clothing and accessories. After discovering the Swedish brand during an internship in Washington, the Singaporean, who runs an online healthy lifestyle store, quickly became a fan of its smart…
Singapore Apple retailer Epicentre is exiting the business, selling its four stores and e-commerce site to a rival reseller. In a stock exchange announcement, parent Epicentre Holdings said it had entered into a conditional sale and purchase agreement with…
CapitaLand has acquired a company which owns a mixed-use development site in China’s Chongqing. The CapitaLand Chongqing project, which will boost the Singapore developer’s residential pipeline in China by more than 2100 units, includes a 335,000sqm shopping…
Singapore-listed brand management company LifeBrandz has created a subsidiary to launch a chain of sushi restaurants internationally. Cloud Eight will open sushi venues led by Japanese chef Hatch Hashida, son of master chef Tokyo Hashida from one of Japan’s…
The new Lacoste Raffles City store is the first of the French retailer’s Southeast Asian outlets to feature its latest concept ‘Le Club’. The new style reflects “the synthesis of the brand and its creator Rene Lacoste in one location: the club”, said a…
Moët Hennessy has joined forces with DFS Group and Singapore Changi Airport for a second time to launch a new Hennessy X.O 2018 limited edition decanter by designer Marc Newson. The decanter, which features a transparent gift box, is exclusive to the travel…
No Signboard Holdings has signed a 10-year franchise agreement to develop and operate the Little Sheep restaurant chain in Singapore. Little Sheep is a Chinese hot-pot eatery which has its origins in Inner Mongolia. It has since grown to more than 280 outlets…
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