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Retail Asia24/11/2017

Emirates Leisure Retail (ELR), has expanded its growing footprint across Asia with the launch of Tiger Den at the new Terminal 4 in Singapore’s Changi Airport. The new opening follows ELR’s expansion strategy into the Asian market, which is committed to elevating the travel experience and bringing world-class dining experiences to international and domestic air passengers. […]

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Retail Asia23/11/2017

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All seven Louis Vuitton fragrances feature in a Les Parfums pop-up store at Changi Airport’s Terminal 2 until November 28. Louis Vuitton has also created a limited-edition (100 pieces) monogrammed orchid travel case exclusive to the pop-up. There is also a travel set including a travel bottle and seven perfume cartridges, along with a cartridge […]

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Retail Asia22/11/2017

Low-cost airline AirAsia is opening two international routes from Singapore to Medan and Padang, respectively. The new round-trip flights will be available on Feb. 9, 2018. “We are interested in opening [new routes] in Tourism Ministry’s 10 Priority Destinations. We are currently assessing Silangit, Padang, Belitung, Labuan Bajo and Raja Ampat,” told AirAsia Indonesia commercial […]

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Retail Asia22/11/2017

KKR & Co-backed Emerald Media led a US$65mil funding round in aCommerce, a Bangkok-based startup that helps brands including Samsung, Unilever and L’Oreal sell their products online across South-East Asia. The four-year-old firm, which already operates in Singapore, Indonesia, Malaysia, Thailand and the Philippines, plans to use part of the proceeds to expand in markets […]

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Retail Asia22/11/2017

While the US formulated online super sales, such as this week’s Black Friday, Asia has adopted the concept with a vengeance. In fact, China has increasingly been exporting Alibaba’s Singles Day (11.11) event, which this month racked up a massive US$35 billion in sales. November is the favoured month for this new consumer mania, offering […]

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Retail Asia22/11/2017

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Singapore’s best kept anti-aging secret, JYUNKA, has opened their first Concept Center for clients to fully experience the brand’s skin transformation products and pampering facial treatments. The intimately-appointed boutique at Pacific Plaza includes three facial rooms and carries the comprehensive range of JYUNKA’s revolutionary and efficacious products. “Aging skin is a key concern that everyone […]

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Retail Asia21/11/2017

Food-delivery service Deliveroo Singapore may soon run its own table-service restaurant, a potential first for a delivery app. The London-based startup, which launched into Singapore in late 2015, will open remote kitchens across the island next year, one of which could evolve into a fast-casual eatery, The Business Times reports. Known as Deliveroo Editions, these remote […]

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Retail Asia21/11/2017

Year-on-year, third quarter final gross domestic product (GDP) was forecast to show growth of 5.0 percent, according to the poll’s median estimate of 11 economists, an improvement from the 2.9 percent growth for April-June. The data will be released on Thursday, November 23. “Growth prospects are getting brighter for the Singapore economy after two years […]

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Retail Asia20/11/2017

Intense pricing competition resulted in losses. Singapore Post’s (SingPost) logistics segment went into the red as operating profits turned into a loss of $4.2m in Q2. According to Maybank Kim Eng, even excluding provisions, the operating profit would have been $1m, which is much lower than the operating profit of $5m for 1Q2017. The segment […]

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Retail Asia20/11/2017

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Luxury suites are coming to Singapore Airlines’ fleet of A380s. Starting in December, the carrier will offer passengers the option of flying in six suites configured on the plane’s upper deck. “Intimate privacy” is how the the airline describes the suites in a news release. Each will feature a lie-flat bed and a leather chair, […]

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Retail Asia20/11/2017

Kerry Logistics Network Limited was named Care & Positive Work Environment of the Year at the Supply Chain Asia Awards 2017 (the ‘Awards’) in Singapore. Kerry Logistics was commended for its commitment to creating value for its employees through rewarding careers, an embracing workplace, and a healthy work-life balance. As the Group continues to expand, […]

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Retail Asia20/11/2017

DHL Express has announced that it will launch an approximate HK$2.9 billion expansion plan for its Central Asia Hub (CAH), in partnership with Airport Authority Hong Kong. This multi-year expansion brings DHL’s commitment for this strategic hub to approximately HK$4.5 billion. The expansion follows the CAHs record of an average 12% year-on-year growth in its […]

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Retail Asia17/11/2017

AW Lab Singapore has opened a store in Suntec City, the first brick-and-mortar outlet in Asia Pacific for the Italian sports apparel retailer. Covering 2630sqft (240sqm), the store has a futuristic concept that invites young people to “play with style”. Whited out from floor to ceiling with blocks of bright colours, the outlet features ultra-sleek […]

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Retail Asia17/11/2017

Growing regional e-commerce trade has prompted DHL Express to expand its central-Asia hub (CAH) in partnership with Airport Authority Hong Kong. Costing about HK$2.9 billion (US$371.4 million), the expansion takes DHL’s commitment for the hub to about $4.5 billion. Recording an average 12 per cent year-on-year growth in its shipping volume in the past decade, […]

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Retail Asia16/11/2017

Modelled after airline lounges, the Sora Japanese gourmet food hall opens at Changi Airport’s Terminal 2 today. Combining two concessions, the 7760sqft (720sqm) space seats about 300 diners and is the largest restaurant across the four terminals at the airport. At the public area on Level 3, the dining enclave houses six Japanese restaurant brands […]

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Retail Asia16/11/2017

Dairy Farm sales were described as “flat” in the third quarter to September 30. The Hong Kong-headquartered company said improved performances in health and beauty, Ikea, restaurants and Yonghui were offset by lower sales in the food and grocery division. “The lower food division sales, together with new store pre-opening costs in home furnishings, (Ikea) […]

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Retail Asia16/11/2017

Singapore state investor Temasek Holdings has led a new round of equity funding for US second-hand fashion marketplace Poshmark. Poshmark plans to use the cash to expand its footprint across Asia, broaden its product categories and develop data-driven shopping experiences. It will also introduce its voice-enabled Stylist Match service. Accessed via Amazon Alexa, this aims […]

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Retail Asia16/11/2017

Singapore is undergoing a significant infrastructure upgrade as its regional and international reach gains prestige. Research and consulting firm, GlobalData estimates Singapore’s pharmaceutical market at $948 million and increasing to $1.2 billion by 2021. With an estimated population of just shy of 6 million, Singapore’s domestic pharmaceutical market is small. However, its regional and international […]

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Retail Asia16/11/2017

The e-commerce boom continued to prop up earnings at Singapore Post (SingPost), although it on Tuesday posted a fall in second-quarter profits, in the absence of a previous one-off gain. Net profit slipped by 9.5 per cent on the previous year, to S$28.47 million for the three months to Sept 30. But, with exceptional items […]

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Retail Asia15/11/2017

Singapore retail sales fell by a mere 0.2 per cent in September, compared to both the same month last year and August this year. Including motor vehicles, sales fell 0.5 per cent year on year. Sales of food & beverage services (seasonally adjusted) decreased 0.3 per cent year on year, with restaurant turnover down […]

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