Retail
Ocean Sky braces for loss, issues profit guidance for FY14
Due to claims on warranties from Sunny Force Limited.
Ocean Sky braces for loss, issues profit guidance for FY14
Due to claims on warranties from Sunny Force Limited.
Local retailers struggling to enter Asia’s cutthroat e-commerce scene
Half of online retailers here are located outside ASEAN.
Retail sales up 2.6% in December on back of robust vehicle sales
Motor sales surged 41%.
Check out these international brands which opened shops in Orchard Road in Q4
The list includes Crate & Barrel, Ermenegildo Zegna, and Giudi.
Landlords turn to costly mall renovations to ward off aggressive e-commerce threat
Tenant remixing is another key strategy.
Parkson Retail's net profit down 25% to $10.2m in Q2
Due to weak sales in Malaysia.
F J Benjamin’s operating profit plunged 66% in Q2 to $876,000
On back of lacklustre sales in Singapore and Malaysia.
Jackson Tay Eng Kiat quits as Hafary Holdings financial controller and company secretary
He intended to pursue other career opportunity.
Saw Phaik Hwa retires as Auric Pacific Group CEO and executive director
She will remain as a consultant with the Lippo Group of Companies and will continue to advise Auric Pacific on various matters.
Teh Soon Kheng joins The Hour Glass as general manager in Malaysia
He was general manager at Sincere Fine Watch prior to his appointment.
Retail sales jumped 6.5% in November on back of robust car sales
Total sales value came in at $3.2b.
Failure to launch: Singapore brands could be wasting millions on new products
Go into any supermarket or retailer in Singapore and you will be faced with shelf upon shelf of new products trying to catch your attention: new...
Shrewd creditors slog struggling retail SMEs with stricter lending terms
SMEs are being pressured to settle debts faster.
OSIM’s net profit expected to dip in FY14 as expansion costs take their toll
Don’t expect a turnaround in 1H15.
Sayonara, Singapore: Japanese clothing brand Lowrys Farm terminates local operations
It’s closing eight stores across the island.
Hide and seek: Retailers ditch giant malls for obscure niche locations
They’re relying on social media for customers.
Here are the new international brands that set up shop in the CBD in 4Q14
Etude House established its largest flagship store here.