Event report
Past event| The evolving relationship between Marketing & Sustainability
Thank you to our speakers Mélanie Walter, Marketing Manager Garnier South Asia L'Oréal, Donovan Chee, Head of Marketing SEA Bureau Veritas…
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 | The workplace of the future: what do we need to change or do differently?
Thank you to our panelists Aylwin Tan, Chief Customer Solutions Officer at CapitaLand Investment, Florian Dubois, Vice President Human Resources at…
Event report
Past Event| FairPrice Site Visit#1: Digitalisation & Customer Experience
Thank you to Raphael Zennou, CEO Digital Business at FairPrice Group for hosting this 1st exclusive site visit and discussing Digitalisation &…
Event report
Past Event | Luxury Outlook for 2022
Thank you to Amrita Banta, Managing Director at Agility Research, Perrine Cavat, Innovation Marketing Manager for JW Global Luxury & APAC at Diageo…
Event report
Past Event | RETAIL CLUB - C-suite Exclusive Leader Round-Table : Outlook and trends for 2022
Thank you to our speakers, Damien Veilleroy and his team from Patron Member Accenture, along with Mollie Jean De Dieu, Charlotte Jozan, and Eric…
Event report
Meet The CEO #27 CHANEL
Thank you Charlotte Jozan, Managing Director at Chanel Singapore & SEA, for leading our January 2022 session of Meet The CEO. Charlotte met with 6…
Business Insights
Analyses & Studies
COFACE: HAS THE GLOBAL RETAIL SECTOR RETURNED TO NORMAL?
The retail sector’s activity has been affected by the COVID crisis through social distancing measures and closure of stores.
Companies news
Atome wins HKB Technology Excellence Awards 2021- Fintech - Payments
Atome has won the “Fintech - Payments” award during Hong Kong Business Review’s recently concluded Technology Excellence Awards.
Companies news
Ielo design: their collaboration with Decathlon in designing their latest Click & Collect store at Westgate!
The largest sporting goods retailer in the world, Decathlon, has recently collaborated with ielo design in Singapore.
Co-Presidents
- Mollie Jean de Dieu - Longchamp
- Chris Chong - LVMH
Contact: Coralie Vincens