
SingPost launches online luxury store
Clout Shoppe is positioned to serve the fast-growing market of internet-savvy consumers.
The key highlights of Clout Shoppe are its time-limited private sales feature and exclusive access to brands which are unique or unavailable elsewhere in Singapore. With private sales, members have access to international designer brands such as Prada, Miu Miu, Fendi, Gucci, Bottega Veneta and Jimmy Choo at competitive prices for a 3 to 4 days window. Clout membership is free.
Presently Clout Shoppe offers ladies’ fashion, accessories, beauty and skin care. Moving forward, the online portal will grow its product categories to cater to men, children and households. With the growing trend in online shopping, Clout Shoppe recognises the opportunity for growth in its business not just in Singapore but other parts of Asia as well. It is backed by SingPost’s logistics and delivery expertise.
In February 2011, SingPost acquired 95% stake in Clout Shoppe (previously SuperToken) as part of its strategy to grow its e-commerce business.