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Retail

Struggling Nike will cut around 1,400 jobs

Nike sales have slumped in recent years as nimbler competitors like On, Hoka and Anta have overtaken it.
Nike sales have slumped in recent years as nimbler competitors like On, Hoka and Anta have overtaken it.

Hao Mart shuts stores, sinks deeper into losses with four High Court lawsuits looming

ycmart/ST20260411_202687200531/Ng Sor Luan/Generics of HAO Mart in Whampoa Drive on April 11, 2026.
ycmart/ST20260411_202687200531/Ng Sor Luan/Generics of HAO Mart in Whampoa Drive on April 11, 2026.

Lululemon names former Nike executive as its next CEO

The leadership change is happening during a tumultuous time for Lululemon.
The leadership change is happening during a tumultuous time for Lululemon.

As Clementi Mall changes hands, residents worry over dwindling diversity

A recent influx of foreign investors and businesses is changing Singapore’s retail landscape, with local businesses concerned that they will be pressured by rising rents.
A recent influx of foreign investors and businesses is changing Singapore’s retail landscape, with local businesses concerned that they will be pressured by rising rents.

Singapore spa and skincare brand Porcelain under provisional liquidation, customers demand refunds

Shuttered facade of Porcelain Origins at The Paragon, on Apr 22, 2026.
Shuttered facade of Porcelain Origins at The Paragon, on Apr 22, 2026.

CEO Insights

Try products virtually, order and receive on the same day: Shopee COO on future of e-commerce

Shopee COO Terence Pang realised how vital collection points were when his own shut for two weeks.
Shopee COO Terence Pang realised how vital collection points were when his own shut for two weeks.

Zara owner Inditex reports unauthorised access to transaction databases

Zara owner Inditex said the databases do not contain customer data, addresses, passports or bank details.
Zara owner Inditex said the databases do not contain customer data, addresses, passports or bank details.

American Eagle denim brand rallies again after launching second Sydney Sweeney campaign

American actress Sydney Sweeney in a new ad campaign for denim retailer American Eagle.
American actress Sydney Sweeney in a new ad campaign for denim retailer American Eagle.

Style News

Popular handbag brand Polene to open first Singapore store in 2026

Polene Numero Neuf East West in Camel.
Polene Numero Neuf East West in Camel.

End of an era?: US TV shopping network QVC to file for bankruptcy

Online shopping dramatically changed retail, and TV shopping channels were no exception.
Online shopping dramatically changed retail, and TV shopping channels were no exception.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.