綠色BN
2014-05-06

Retail News Roundup – May 6

The top 5 retail news clips in Asia this week.
Newspaper
1 – Shanghai Tang founder has big plan for his new lifestyle boutique TTTT
David Tang, the founder of the international clothing chain Shanghai Tang, and the China Clubs restaurants and clubs, said he had aggressive expansion plans for his new lifestyle boutique Tang Tang Tang Tang (TTTT) – which was named after the opening chords of Beethoven’s Fifth Symphony – over the next five to ten years.
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2 – SM’s profit climbs
Philippines shopping mall developer SM Prime achieved a net income of 4.58 billion pesos ($103.10 million) during the first three months of the year.
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3 -Tom Ford opens first store in Singapore
Tom Ford opened this week its first ever store in Singapore at the Marina Bay Sands. The new Tom Ford boutique which is operated in partnership with FJ Benjamin features the full range of Tom Ford products for both men and women, from ready-to-wear to leather goods, fragrances and eyewear.
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4 – Ulysse Nardin opens largest Asian store
Swiss luxury watch manufacturer Ulysse Nardin has opened its first flagship boutique in Singapore at The Shoppes at Marina Bay Sands.
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5 – Uniqlo continues US expansion
Japanese fast fashion brand Uniqlo is continuing its US market expansion by entering Los Angeles, where it will open five stores. 
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 By Chris Hubbard 
   Market Strategy
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