naiise

Retail Asia20/04/2021

Troubled home-grown retailer Naiise has gone into liquidation, after closing its last store last weekend following years of late payments to its vendors. The company’s founder, Dennis Tay, will also be filing for personal bankruptcy. In a Facebook post on Thursday, Mr. Tay said he had “exhausted (his) savings and borrowed heavily from banks” to […]

Retail Asia13/04/2021

Singapore gift and homewares chain Naiise has closed its last store – the Iconic at Jewel Changi Airport – suggesting the end of the eight-year-old brand. Multiple sources say Naiise has collapsed due to its inability to paying debts to suppliers, and weak sales in the wake of the Covid-19 pandemic. Opened in May 2019, […]

Retail Asia11/06/2019

A Naiise Iconic store has opened at Jewel Changi Airport. Spanning almost 9500sqft across a two-story space, Naiise Iconic store brings new creative brands and ‘experience stations’ to customers. The first one is a tea bar run by homegrown tea marketplace Teapasar, which hosts more than 30 tea brands and 100 types of tea. Customers […]

Retail Asia16/07/2015

Can someone give Naiise’s founder Dennis Tay and his team a trophy? In just two-a-half years, the retailer of Singapore-designed products went from a one-man show operating an online store to opening three physical outlets with a team of 20 employees. To boot, all three stores — in West Mall, Wheelock Place and now Central […]

Tag: naiise

Naiise founder confirms company’s liquidation

Singapore’s Naiise all but collapses under debts

Naiise Iconic store opens at Changi Airport

Naiise goes big with largest store opening at Central