Singapore Archives - Inside Retail Asia
Chicken Cottage has opened its second outlet in Malaysia, in Taman Tun Dr Ismail (TTDI), taking its total to 90 stores worldwide.
Chicken chain secures financial partner for international expansion.
October Singapore retail sales rose a meagre 0.8 per cent over the same month last year, falling 1 per cent from September.
Acne Studios is launching a 48-hour online pop-up store offering curated classics.
Profit soars 24 per cent, despite a more modest 3 per cent sales lift.
Higher administrative expenses as the group closed retail outlets in Singapore were among the factors contributing to earnings dropping below expectations for Wing Tai Holdings.
In the lead-up to the Chinese New Year, eCommerce sales in Asia grew by 40 per cent, according to performance marketing technology company Criteo.
Singapore retail vacancy rates rose to 7.2 per cent at the end of the fourth quarter last year, according to the Singapore Urban Redevelopment Authority.
French fashion brand owner SMCP has attracted takeover bids from Lion Capital and Chinese textile producer Shandong Ruyi Group, according to reports in Hong Kong.
Indonesia’s national postal service, Pos Indonesia, is mulling a spin-off its logistics arm in an IPO to capitalise on the online shopping boom.
As Chinese tourists discover new destinations, retailers in neighbouring countries are being left in the dust.
First-storey rents throughout SIngapore have fallen by 1.2 per cent to about $30.50 a square foot in the past quarter.