Latest Department Stores News - Inside Retail Singapore
Parkson Retail Asia has gone from profit to a net loss of S$2.23 million for its latest quarter.
Metro Holdings profit dropped from $55.9 million to $20.5 million on revenue of $37.3 million during the third quarter.
Department store Takashimaya Singapore has won a legal tussle over rent with landlord Ngee Ann Development.
Parkson Retail Asia has managed a S$35 million profit for its latest fiscal year from a loss of $40.6 million.
BHG Department Store plans take over two floors at Jurong Point mall, currently occupied by John Little.
Authentic Japanese cuisine will be available the new Singapore Isetan Japan Food Town opens.
Parkson Retail Asia sales in the third-quarter fell by 15.6 per cent to S$98.4 million (US$71.5 million).
A Fragrance Du Bois pop-up has opened in Tangs department store at VivoCity in Singapore.
The gross revenue for CapitaLand Mall Trust (CMT) has risen 7.4 per cent for the first quarter of this year.
Japanese skincare brand Fancl has returned to Singapore, opening a counter in Isetan Scotts in Orchard Rd.
Ngee Ann City mall is suing its anchor tenant, department store Takashimaya, after an argument about its lease.
Tangs department store has a new CEO, Kevin Dyson, who takes up the role on April 1.