Metro Centrepoint Archives - Inside Retail Asia

Weak growth, lower profit for Metro Holdings Singapore

After selling its Beijing mall, Metro Holdings Singapore reported a lower net profit of S$113.3 million in its latest financial year.

Singapore Metro profit dives

Singapore’s Metro Holdings has reported an 82.7 per cent fall in its net profit to S$7.6 million in the fourth quarter.

Singapore’s Metro opens new format

Singapore department store Metro has unveiled a whole new format in Orchard Rd featuring new brands and a more upmarket shopping environment. At 130,000 sqft spread over six floors, the store is almost 70 per cent larger than its more fashion-focused department store at Paragon. The 57 year old locally owned retailer has a new lease of life in the heart of the county’s shopping belt. It features new brands such as Cath Kidston and The Body Shop, while welcoming back resident brands like …