Inside Retail Asia breaking news, supplier information, product launches and consumer campaigns within the Singapore retail industry.
Singapore Latest News - Inside Retail Asia
DFS Group will close all of its stores at Changi Airport on June 8 as its 35-year tenure as wine and spirits concessionaire comes to an end.
Office furniture company Steelcase has launched online stores in Hong Kong and Singapore, offering office furniture to help people adapt their homes for work.
South Korean beauty firm AmorePacific has acquired a substantial minority stake in Australian luxury skincare brand Rationale.
Singaporean homewares retailer Iuiga has received SG$10 million (US$7 million) in Series A funding from Indonesian conglomerate Konimex.
Iconic British menswear retailer TM Lewin has been sold by Bain Capital to private-equity company SCP through its new subsidiary Torque Brands.
Following the suspension of operations in Terminal 2, Changi Airport is to further consolidate operations and indefinitely close more retail stores.
Singaporean traditional coffee shop operator Kimly has recorded a 5.3-per-cent year-on-year boost in half-year profit attributable to shareholders to SG$10.5 million (US$7.4 million).
Ikea Singapore is to open Southeast Asia’s first ‘small-store’ concept at Jem mall in the city’s west, replacing the Robinson department store.
Marks & Spencer Food is now available through the Foodpanda food-delivery app in three Asian markets: Hong Kong, Singapore and Malaysia.
Beauty-products retailer Sa Sa International says it expects to post a record loss as high as HK$600 million (US$77.4 million) for the March year due to the collapse of Hong Kong’s tourism market in the wake of the Covid-19 crisis.
Singapore department store Robinsons is to close its store in Jem mall after what it terms an “amicable exit” after negotiations with landlord, Lendlease.
March retail sales in Singapore fell 9.7 per cent year on year in March 2019, as tourist numbers fell and locals spent less on discretionary items.