Singapore Latest News - Inside Retail Asia
Ongoing investment-sale activity for malls suggests a positive outlook for the Singapore retail leasing sector, reports Edmund Tie & Company
The CEO of embattled food retailer Dean & DeLuca is promising a massive store rollout in Asia at the same time as unpaid suppliers suspend deliveries to the brand’s remaining US stores.
Jeweller Chow Tai Fook says same-store sales in its Hong Kong home market and Macau fell by 11 per cent in the June quarter.
Singapore-headquartered Novena Global Lifecare has completed a US$475.4 million merger with Xingkeduo.
Malaysia’s MPH Bookstore may exit Singapore, closing its last outlet by September.
Singapore-based private equity firm Everstone plans to sell its Burger King India franchise.
Singapore retail sales slipped 1 per cent year on year in May, after motor vehicles were removed from the data.
Restaurant chain Oporto has launched in Vietnam under local franchisee Ben Thanh Group, with plans to open 24 restaurants across the territory in the next 10 years.
Sephora Takashimaya has reopened after a two-month renovation with a concierge service for gold members.
Courts Singapore has opened its first Internet of Things store at Funan mall.
A buyer is being sought for troubled fashion retailer Jack Wills, which looks like having to close stores to survive.
Hong Kong-headquartered flash-sale pioneer OnTheList is preparing to launch subsidiaries in three more Asia-Pacific markets as initial international forays pay off.