Event report
Past Event | Champagne Tasting and Networking Event
Champagne lovers and amateurs joined together for our exclusive event with Champagne Telmont, who kindly hosted us in their offices, and it was a…
Retail and Luxury
SEA & Singapore's Retail and Luxury Markets
Southeast Asia's luxury market is expected to reach USD 33.2 billion by 2025, driven by a rising middle class with increasing disposable income and a growing appetite for luxury goods. Countries like Vietnam, Thailand, and Indonesia are witnessing significant growth in the luxury sector, attracting major international brands and investors. On another note, Local Southeast Asian luxury brands are gaining popularity, offering unique design aesthetics and competitive pricing.
In particular, Singapore is a thriving Luxury Hub: it is a major player in the global luxury market, ranking third in Asia (after mainland China and Japan) and 12th globally in terms of luxury sales in 2023. This position is attributed to its strong GDP, political stability, and strategic location as a gateway to Southeast Asia. Singaporean luxury consumers are increasingly experience-driven and digitally savvy, favoring personalized experiences and omnichannel shopping journeys. In addition, the online luxury market in Singapore is booming, with e-commerce sales expected to reach USD 4.2 billion by 2025.
Mission & Objectives
The Retail & Luxury Committee is a platform for collaboration and knowledge sharing between companies involved in the luxury goods and retail industry, fashion and high-end beauty activities. It aims to reinforce members expertise through knowledge and information sharing, best-practices.
This is an opportunity for experts from different sectors to meet regularly, to better understand facts and trends, to discuss common topics and support them in expanding their businesses.
Upcoming Events
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Past Events
Event report
Past Event | So Chic Experience with L'Artisan Parfumeur
In an opulent fusion of sophistication and olfactory wonder, So Chic had the distinct pleasure of orchestrating an exquisite soirée in tandem with the…
Event report
Past Event | Retail Club - C-suite roundtable: How to engage with the next generation?
The French Chamber organised an instructive session of our Retail Club for Retail Managing Directors in Singapore with the co-presidents of the Retail…
Business Insights
Companies news
E-Commerce Trends For 2022
Here are some of the ecommerce trends for 2022 we expect to see coming to the forefront as customer behavior changes. Your business will need to be…
Companies news
Lazuli & Maison Kayser have partnered to exhibit Art
Here is what happens when a contemporary artisanal bakery meets an Art Dealer: they show local contemporary art, of course!
Analyses & Studies
How to win Asia-Pacific consumers in the new era
This report was first published by EY and Ernst & Young Solutions LLP Redefining how to best serve consumers, looking at the business through a…