Mega luxury store opens amid retail slump

Luxury multi-brand footwear and accessories retailer Pedder Group is pulling out all the stops with its new 20,000 sq ft Pedder on Scotts store at Scotts Square that opens today.

The concept store is the group’s largest free-standing one in Asia. The biggest standalone On Pedder stores in Hong Kong and China stand at 3,500 sq ft and 3,000 sq ft respectively.

Founded in 2003, the Hong Kong-based Pedder Group is part of the Lane Crawford Joyce Group and operates more than 50 stores and shop-in-shops across Greater China, Singapore and Jakarta.

Pedder on Scotts takes up the entire second floor at Scotts Square – the size of 20 four-room HDB flats – and stocks more than 100 designer and mid-priced brands of shoes, bags and accessories.

´It is an interesting time to secure retail space, not just based on cost, but availability. Our group has always used challenging times in the retail market to expand our retail footprint.` – PEDDER GROUP PRESIDENT PETER HARRIS

About 40 per cent of the line-up – brands such as American high- street label Sam Edelman, British shoemakers George Cleverley and Foster & Sons, as well as Lock & Co Hatters, one of the oldest milliners in England – are exclusive to the store. At least 10 brands are new to the market.