Singapore

Reports says the demand for commercial refrigeration equipment will continue to grow globally due to key drivers such as the rapid growth of e-commerce in China and India.

InContext Solutions, a global provider of virtual reality (VR) solutions for retailers and manufacturers, has announced the closing of a US$15.2-million funding round. The round, led by Intel Capital and Beringea, will help InContext Solutions accelerate sales and marketing efforts, expand its geographic footprint and improve its VR product portfolio, including further development of solutions for head-mounted devices.

Accenture has completed the acquisition of Kurt Salmon, a global strategy consulting rm focused on the retail industry and a subsidiary of Management Consulting Group.

New research has confirmed that the duty-free and travel retail sector faces a bright future at a time when other parts of the international retail market may continue to struggle, according to leading duty-free and travel retail trade association TFWA (Tax Free World Association). What is more, of the top 10 duty-free retailers, six come from Asia-Pacic, namely, South Korea, China, Hong Kong, Thailand, Singapore and Japan.

In the face of relentless competition, tight squeeze on margins and elusive customer demands, Asia-Pacific retailers are working hard to be faster, better and to deliver a compelling value proposition.

C-suite retailers, retail industry experts, and technology specialists from various countries in the region gathered at the Retail Asia-Pacific Top 500 Trends & Strategies Roundtable on October 28 at Sofitel Singapore Sentosa Resort & Spa for an interactive roundtable discussion.

Michael Andrews, New York’s premier bespoke clothier, made a significant expansion in its business with the launch of a made-to-order menswear collection — said to be the rest of its kind. Launched in 2006 with the goal of crafting the world’s finest tailoring, Michael Andrews has earned an international reputation for the quality and fit of its bespoke creations. Clients include Wall Street luminaries, Fortune 500 CEOs and foreign dignitaries, as well as award winning actors, world-renowned musicians and professional athletes.

Since its introduction in Singapore last year, Asahi Super Dry Black Lager has garnered a burgeoning fan base among restaurants and bar patrons, evidenced by a doubling of on-premise distribution and consumption by volume in just more than a year.

Crown Equipment has released a new series of state-of-the-art lift trucks in South-east Asia. e new lift truck combines the benets of an order picker with the advantages of a counterbalance forklift.

 

Singapore-based SaladStop! chain of salad bars has raised S$5 million (US$3.6 million) from private equity firms Hera Capital and DSG Consumer Partners for a minority stake in the company.

Kicking off the fall season, shoe brand UGG, a division of Deckers Brands, unveiled a first look at its new campaign featuring the brand’s first-ever Global Women’s Ambassador, actress and supermodel Rosie Huntington-Whiteley.

Saks Fifth Avenue has launched The New Office Casual Manual – Saks’ master guide to the “Office Casual” movement. The manual includes a curated list of seven everyday items that men can sport at the office as an alternative to the full suit.

In 1930, the first supermarket opened in the US, revolutionising how consumers bought food by focusing on value and convenience. Since then, grocery stores have stayed relatively the same, with only incremental changes.

Friday, 28 October 2016 from 9.00 am to 3.00 pm at The Sarong Room, Sofitel Singapore Sentosa Resort & Spa.Show - Casing A Star - Studded Line up & Distinguish Speakers, who will be Discussing The "Digital Disruption" pnenomenon & It's Impact on Retailing