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Tag: Orchard Rd

Retail Asia23/11/2016
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Electronics

Opening delay for Apple Store Singapore

1min0
Apple Store Singapore is not likely to open in time for Christmas, according to an updated information board outside its site in Orchard Road. Outside Knightsbridge mall, the sign now shows an expected completion date of January 30 – a three-month delay. No reason has been offered for the delay with Singapore’s first Apple Store, […]
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Retail Asia25/07/2016
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Real Estate

Singapore retail rent decline worsens

2min0
The Singapore retail rent decline gathered pace in the last quarter according to data from Edmund Tie & Company. In the second quarter, retail rents across the board fell by 3.9 per cent quarter-quarter.  That was double the 1.9 per cent decline of the preceding quarter. Amid weaker demand, occupancy levels also dipped, falling by […]
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Retail Asia25/07/2016
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Electronics

Epicentre Asia raises cash for expansion

2min0
Apple products retailer Epicentre Asia plans to raise S$11.45 million (US$8.44 million) by issuing 45.8 million private shares to new buyers. KGI Fraser Securities is the placement agent for the issue, with the price being not be less than 25 cents per new share. These placement shares represent 49.1 per cent of the current share capital […]
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Retail Asia08/12/2015
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Real Estate

F&B underpinning demand for Singapore retail space

2min
Food and beverage has overtaken fashion as the primary driver of demand for retail real estate in Singapore. In its Third Quarter Retail Index covering Asia-Pacific, property company Jones Lang LaSalle says that despite declining retail sales and consumer spending, the prime retail sector remained in good shape during the third quarter. “Notwithstanding the overall […]
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Retail Asia07/12/2015
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Food

Cafe concept a huge boost for Muji Singapore

3min
The recently opened cafe inside the Muji Singapore store on Orchard Rd has had a huge impact on the store’s overall trading. In an extensive feature written by the Straits Times and published online by Asia One, which details the trend of merging dining with traditional retail offers, Muji Singapore GM Jasmine Sng has revealed […]
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Retail Asia09/11/2015
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Real Estate

Starhill Global REIT boosts revenue

5min
Singapore based Starhill Global REIT has posted a 16.8 per cent increase in revenue in the first quarter, to September 30. YTL Starhill Global REIT Management, the manager of the trust, says revenue rose to S$56.8 million and net property income rose 10.2 per cent to $43.6 million. The growth was mainly driven by the […]
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Retail Asia31/10/2015
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Fashion

Buro 24/7 pops up in Singapore

3min
Buro 24/7 has popped up in Scotts Square…. for six months. The Buro 24/7 Singapore pop up store is the second in the city for the international brand, opening five months after an earlier one at Clifford Pier. Whether a store with a life span of six months qualifies for being termed a ‘pop up’ […]
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Retail Asia16/10/2015
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Fashion

European cosmetics chain heads to Asia

2min
European cosmetics brand Stenders is about to open its first store in Singapore as part of a concerted push into new international markets. Stenders Singapore will open in Plaza Singapura shopping centre on Orchard Rd this month. The opening will be followed in November by debuts in Vietnam and Portugal and London is also on […]
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Retail Asia01/09/2015
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Fashion

Coach Singapore opens next gen store

2min
Coach Singapore has unveiled its new generation store on Orchard Rd in the Wisma Atria shopping centre. The New York-headquartered brand describes the new store format as its “next generation retail concept”. So important is the new outlet to the brand, South Korean superstar Jay Park was flown in to preside over the launch party. […]
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Retail Asia21/08/2015
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Living

Bleak result for Isetan Singapore

2min
Japanese department store operator Isetan has reported mounting losses in Singapore as sales fall and rents rise. Group sales for the three months to June 30 were $71.467 million, a decrease of $10.819 million or 13.15 per cent over the same quarter a year ago. Isetan said the decrease was largely due to the closure […]
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Retail Asia05/08/2015
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Real Estate

Singapore’s Orchard Rd hasn’t lost its gloss

4min
Orchard Road remains the top destination for shoppers during the recent Great Singapore Sale, according to a new report, debunking calls that Singapore’s prime shopping belt may be losing its shine. The premier retail strip attracted the highest footfall during the city-state’s annual shopping promotion, held from May 29 to June 28 this year, a […]
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Retail Asia29/07/2015
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Fashion

Grana Singapore pop up opens

3min
Fast-growing Hong Kong-based online fashion business Grana has opened a pop up store in Singapore. The Grana Singapore pop up is its second – and this one is located in the heart of the city’s retail zone, on Orchard Rd. Grana is the creation of Australian Luke Grana, who was inspired by the high quality […]
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Retail Asia29/07/2015
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Fashion

Louis Vuitton wins Singapore copycat case

2min
Luxury brand Louis Vuitton has successfully sued a Singapore retailer for selling imitations of its goods. The High Court in Singapore ordered Cuffz, a retailer located in Raffles City shopping centre, to pay Louis Vuitton $35,000 in statutory damages for selling wallets which, in the court’s view, “imitated” the French brand’s own products. The wallets […]
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Retail Asia28/07/2015
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General

Hamleys Singapore opens its doors

3min
The world’s oldest toy store is now open in Singapore. Hamleys is now trading in Plaza Singapura on the city state’s prime shopping strip Orchard Rd. Occupying 12,000 sqft across two floors of Plaza Singapura, the Hamleys store boasts prominent street frontage along Orchard Rd. Dubbed ‘The Finest Toy Shop in the World’ the new store […]
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Retail Asia13/07/2015
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Real Estate

Orchard Rd rents slide gains momentum

3min
Retail rents on Singapore’s prime retalstrip, Orchard Rd, slipped by 1.6 per cent in the latest quarter. But worse is yet to come according to Colliers International in its quarterly review of Singapore retail rents, tipping a full year decline as high as five per cent. The average monthly gross rent for Orchard Rd retail […]
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Retail Asia13/04/2015
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General

Orchard Rd night trial extended

1min
The trial of banning cars from a key section of Singapore’s Orchard Rd shopping strip is finding favour with shoppers and tourists alike. Orchard Rd is closed at night from the Scotts Paterson Junction to Bideford Junction on the first Saturday night of each month between 6pm and 11pm. The Orchard Rd night pedestrian trial […]
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