Undaunted by retail blues
The soft economy has not dampened the expansion plans into Singapore of several retailers.
Japanese casual clothing chain Uniqlo, for example, opened its South-east Asian flagship in Orchard Road in Septemberamid a retail slump.
Mr Taku Morikawa, chief executive of Uniqlo South-east Asia, said the 2,700 sq m store will make the retail scene here "more competitive".
Uniqlo is owned by Fast Retailing, which reported $18.95 billion in sales last year.
Since opening here eight years ago, Uniqlo has set up 25 stores. Worldwide, it has more than 1,700 stores.
Japanese lifestyle brand Muji is also planning a new flagship store here.
Mr Masaaki Kanai, chairman of its parent company Ryohin Keikaku, said in March that the new store is estimated to be around 3,300 sq m, but he declined to reveal a specific timeline for the opening.
Apart from these Japanese stores, French beauty emporium Sephora opened its new local flagship store at Ion Orchard to much fanfare in July.
The store sprawls across more than 900 sq m and features a refreshed store concept, incorporating a boutique-within-a-boutique concept and better lighting.
Mr Mathieu Sidokpohou, Sephora's managing director for South-east Asia, said then that he wanted the flagship store to provide a more vibrant retail experience.