Inside Retail Asia breaking news, supplier information, product launches and consumer campaigns within the Singapore retail industry.

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Singapore sports retailer Sportslink collapses

Singaporean retailer Sportslink will be closed by court order over debts of more than US$720,000 owing to supplier Adidas.

Natureland buys the DRx Group, plots expansion

Singaporean spa chain Natureland has acquired The DRx Group’s spa and personal health businesses, with plans to expand in Asia.

QSR chain Pepper Lunch sold to investment fund J-Star

Japanese restaurant operator Pepper Food Service is selling its profitable Pepper Lunch chain to J-Star investment fund for US$79 million.

Changi Airport and Jewel retailers resume operations

More than 80 per cent of restaurants and retail outlets have resumed operations at Singapore’s Changi Airport and colocated Jewel Changi shopping centre, as the city entered phase 2 of its reopening.

Jakarta-based cafe chain Maxx Coffee launches in Singapore

Indonesian cafe chain Maxx Coffee has launched its first international outpost in Singapore as a first move towards expansion in Asia.

May Singapore retail sales collapsed as Covid-19 measures shut stores

Singapore retail sales plummeted 52.1 per cent in May as Covid-19 lockdowns shuttered malls and the majority of retail stores across the city state.

Asia-Pacific luxury-goods market tipped to shed US$2.1 billion this year

The Asia-Pacific luxury-goods market is projected to sink by US$2.1 billion this year as consumers switch from big-ticket items to affordable luxury.

New Lazada CEO named

Southeast Asian e-commerce platform Lazada has appointed Chun Li as its new CEO, succeeding Pierre Poignant, who will head to parent Alibaba Group.

Singapore startup to open ghost kitchens globally

Singaporean foodtech firm TiffinLabs is creating an international network of ghost kitchens based in more than 1000 locations globally.

Metro Holdings profit tumbles on store closure, Covid-19

Singapore department-store operator Metro Holdings has reported a drop in net profit of 82 per cent in the second half, citing Covid-19 and a store closure.

Singapore’s Ya Kun Kaya Toast makes second foray into Japan

Singaporean breakfast chain Ya Kun Kaya Toast is attempting to crack the Japanese market, opening a store in Tokyo in a second foray into the country.

Singapore virtual fashion festival planned for August

The Front Row, a Singapore virtual fashion festival, has been announced for August 20, showcasing regional and local labels.