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Tag: Orchard Road

Retail Asia24/01/2017
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Real Estate

Singapore retail rents slipped in final quarter

3min0
Singapore retail rents slipped 1.3 per cent in the last quarter of 2016, compared with the previous quarter. According to data from JLL Singapore, included in a pan-industry market review, retail rents were under most pressure in the Marina quarter where most of the new space coming onto the market in the quarter was concentrated. […]
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Retail Asia28/10/2016
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Real Estate

Singapore retail sector’s weakness continues in 3Q

3min
Prime retail rents fell faster in Q3 Orchard rents fell 0.9% to $39.86 per sq ft. Leasing activity slowed and the rental decline quickened in Q3 2016 due to continued headwinds from poor overall retail sales and online competition. Based on rental records captured by the Urban Redevelopment Authority’s Real Estate Information System (URA REALIS) […]
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Retail Asia03/10/2016
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General

Making Great Singapore Sale great again

7min
With the relevance of the Great Singapore Sale (GSS) in doubt, going by falling retail sales, questions have been raised about what went wrong with the sale. Many consumers have pointed out that the annual sale of 23 years is not that great, as the discounts offered here are not as steep compared with those […]
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Retail Asia02/09/2016
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Fashion

ALODD by Aldo Lipari Steps Out in Singapore

4min
ALODD by Aldo Lipari is a new Singapore-based label to step out into the retail scene in Singapore. The footwear brand is founded by Aldo Lipari, who brings his wealth of experience as the former  CEO of Bally Southeast Asia / Oceania, drawing on his know-how on the market and what consumers want, in setting up […]
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Retail Asia01/08/2016
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Fashion

How the new Sephora flagship store at Ion Orchard lure shoppers back to brick-and-mortar …

8min
French multi-brand beauty retail giant Sephora opened its new local flagship store at Ion Orchard to much fanfare last Friday. The store sprawls across 10,000sqf on basement 2, and features a refreshed store concept from its previous premises on level 1, incorporating a boutique-within-a-boutique concept and better lighting. The queue to be among the first […]
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Retail Asia15/06/2016
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E-Tailing

Orchard Rd turns to WeChat to drive sales

5min
A post on Chinese social media platform WeChat touts Orchard Road as a prime spot for a selfie, with its backdrop of high street brands and clean surroundings. Another post raves about the value of the dishes at seafood restaurant chain Fish & Co, where appetisers cost between $3.90 and $11.90. The Orchard Road Business […]
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Retail Asia07/06/2016
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Fashion

10-week Great Singapore Sale starts last Friday

3min
The Great Singapore Sale (GSS), which starts on Friday (June 3), has been extended from eight to 10 weeks this year to cater to tourists from the region. And for the first time, UnionPay International cardholders will get extra perks during the sale, under a new three-year partnership between the payment network and GSS’ organiser, the […]
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Retail Asia12/05/2016
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Real Estate

Bringing back Orchard Road buzz

15min
Orchard Road is meant to be Singapore’s premier shopping belt, but you wouldn’t know it if you strolled into many of the malls along the 2.2km stretch these days. The vacancy rate in malls within the Orchard planning area hit a five-year high in the first quarter at 8.8 per cent . Islandwide, vacancy rates […]
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Retail Asia15/03/2016
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General

Orchard Road malls seek new ways to draw the crowds

4min
As Singapore retailers face pressure from the slowing economy, Orchard Road malls are looking for new ways to draw the crowds. Besides renovating the mall and changing the tenant mix, landlords are also throwing in free performances in a bid to attract the crowds. For example, over the weekend, shoppers at ION Orchard witnessed a […]
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Retail Asia16/02/2016
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Real Estate

Trendsetter who fought shy of limelight

10min
He stayed out of the limelight and shied away from the media, so few might know that Mr Jopie Ong Hie Koa was one of Singapore’s true trendsetters. The late managing director of Metro Group, who died suddenly on Tuesday night at age 75, was the first to introduce luxury brands such as Mont Blanc, […]
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Retail Asia27/12/2015
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General

Is Orchard Road the Champs-Élysées of Asia?

6min
An aunt from my husband’s side, he’s not Singaporean, came to visit Singapore recently. She took her cohort of grandchildren to Universal Studios last week. They spent a weekend sightseeing, eating and — of course — shopping which included a stroll down Orchard Road. Unfortunately her takeaway was less than favourable; all the Christmas lights […]
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