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Tag: Singapore

Retail Asia05/12/2017
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Fashion

WatchBox starts digging into luxury market

4min0
WatchBox has launched as the first global e-commerce platform specialising in buying, selling and trading pre-owned luxury watches. It is the result of a partnership between Govberg Jewelers CEO Danny Govberg, former Sincere Watch owner Liam Wee Tay and investor-entrepreneur Justin Reis. Singapore private equity firm CMIA Capital Partners has led an initial investment round […]
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Retail Asia05/12/2017
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E-Tailing

Shopee giant leaps on its second year

3min0
Fast-growing e-commerce platform Shopee has released impressive statistics in marking just its second birthday. Combined annualised GMV from Taiwan and the six Southeast Asian markets where it operates has reached US$5 billion. It has more than 180 million active listings by more than 4 millions sellers, including 5000 leading brands and distributors. Its app has […]
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Retail Asia04/12/2017
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Fashion

Mamonde flagship to open at Takashimaya

1min0
After launching into Singapore via e-commerce this year, Korean beauty brand Mamonde has opened its first-ever global flagship store at Takashimaya Shopping Centre. It is decorated with blooms (both real and illustrated) giving it the air of a sensorial floral studio, as reported. The design inspiration comes from the Mamonde Garden in Korea where the […]
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Retail Asia04/12/2017
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Fashion

Duchess & Co Pop-Up Store Opens in Singapore

4min0
Duchess & Co, one of Asia’s fastest-growing ecommerce and retail fashion womenswear label, is proud to announce their foray into the Singapore market with a new showroom boutique at 313@Somerset Mall, located along the prestigious Orchard shopping belt. Following the 4-year-old label’s immense success and popularity in Peninsula Malaysia, the opening of the Singapore showroom […]
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Retail Asia01/12/2017
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Fashion

Luk Fook Holdings gets back up to grow

4min0
In a golden first half, jewellery group Luk Fook Holdings (International) saw revenues and profits rise as it continued to expand its retail outlets. As well as a return to growth for same-store sales and a doubling of e-commerce sales, its interim results show a 14.9 per cent rise in revenue to HK$6.2 billion (US$794 […]
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Retail Asia01/12/2017
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Fashion

More Dickson Concepts stores in Taiwan

2min0
Hong Kong fashion and watch retailer Dickson Concepts has opened three new stores in Taiwan this year as it continues its regional expansion. Dickson Concepts operates retail stores under brands including Tommy Hilfiger, JT Dupont, Bertolucci, Roger Vivier, Tod’s and Harvey Nichols. At the end of September, the retailer had 111 stores: 25 in Hong […]
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Retail Asia30/11/2017
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Real Estate

Foreign Investment Hotspots In Asia Pacific

4min0
Cross-border real estate investment in the Asia Pacific region could achieve a record high this year as foreign investors shore up interest and seek assets in greener pastures beyond borders. As it stands, year-to-date intra-regional cross-border transaction volumes have already exceeded the previous 10-year record high in 2015 (1Q15-3Q15) by 30 per cent, and is […]
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Retail Asia30/11/2017
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General

SPH Buzz hybrid store has self-service option

4min0
Convenience-shopping concept company SPH Buzz has partnered with Mastercard to launch a hybrid store that includes attended and unattended retail counters. As part of the deal, SPH Buzz has integrated Mastercard’s mobile commerce platform, Vending Powered by Masterpass, in its unattended machines to enable customers to seamlessly order and pay for goods using their smart devices. At […]
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Retail Asia30/11/2017
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E-Tailing

Danone-Lazada plans its strategic partnership

3min0
French FMCG company Danone has teamed with Lazada Group to create a series of online stores for Southeast Asia, starting with Thailand in December. The Danone-Lazada strategic regional partnership covers Thailand, Indonesia, Malaysia and Singapore. The two companies say they will create “a superior online shopping experience for key product categories, combining their expertise on […]
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Retail Asia28/11/2017
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Fashion

Fashion TV cosmetics to open store

1min0
Inspired by models’ daily routines and backstage beauty secrets, FashionTV has introduced its beauty line, FTV Cosmetics, to Singapore. With years of experience from working with industry experts, such as makeup artist Felix Shtein, FTV Cosmetics combines technology, natural ingredients and special formulas that cover makeup and skincare to haircare and styling, as well as […]
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Retail Asia28/11/2017
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Fashion

Stelux Holdings slows down the bad trend

5min0
While turnover and gross profit margin slid for watch/optical company Stelux Holdings International for its first half, it managed to cut back on its net loss. Group turnover was down by 6.9 per cent (6.3 per cent foreign-exchange neural) to HK$1.3 billion (US$166.4 million) and gross profit margin fell from 59.6 to 58.1 per cent. […]
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Retail Asia27/11/2017
Food

DFS opens new experiential wine & spirits store

5min0
DFS Group has opened its 167sq m wine and spirits duty free store at Singapore Changi Airport’s new Terminal 4. Featuring over 300 brands, Terminal 4 is the first terminal at Changi to offer a ‘walk-through’ retail concept, allowing DFS to introduce new features for a seamless shopping experience. This includes integrated shopping spaces covering liquor & tobacco […]
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Retail Asia27/11/2017
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Food

Jollibee International Expanding in Singapore

2min0
Philippine fast-food giant Jollibee International is opening at least 15 more outlets in Singapore in the next five years, with an incursion into Indonesia in 2019. Jollibee president and head of international business Dennis Flores says the Manila-based company will open its sixth store in Singapore in Jurong East in April. It joins the line-up […]
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Retail Asia27/11/2017
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Food

Minion Cafe Opens at Singapore Central

1min0
A Singapore Minions Cafe has opened at Orchard Central – the first one to trade outside Japan. Minions, the yellow cartoon characters who made their debut in the Despicable Me movies and have now spurned their own films, will host diners on the mall’s third floor until January 31.   The Minions said ‘bello’ – […]
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Retail Asia24/11/2017
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General

Singapore Upgrades 2017 Growth Forecast to as Much as 3.5%

4min
Singapore raised its economic growth forecast for this year to 3 percent to 3.5 percent after third-quarter data beat projections on the back of stronger exports and manufacturing. Highlights of GDP Report Gross domestic product rose at a seasonally adjusted, annualized rate of 8.8 percent in the third quarter from the previous three months, higher than […]
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Retail Asia24/11/2017
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Finance

Robot employees take on human tasks at UOB Singapore

3min
UNITED Overseas Bank (UOB) has introduced two robots, or ‘virtual employees’, that will support its wholesale banking and retail businesses. In a press statement to Human Resources, the bank said its first robot employees, named Amy and Eve, started working at UOB three weeks ago, and have since cut the time taken to process a transaction […]
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