Magazines Archives - 2007 January

Robinson wins rights to open River Island stores in Singapore and Malaysia
Story 9

SINGAPORE-BASED Robinson & Co has secured exclusive rights to market British fashion label River Island, including opening stores in the city-state and Malaysia. The first store, expected to span 10,000sqf in size, is slated to open in Singapore’s VivoCity at month-end followed by the second at Raffles City in May.

Robinson CEO John Cheston said in the Business Times that the group would set up two to three River Island outlets in Malaysia by [year-end], with plans for four or five stores in

The company operates Robinsons, John Little, Marks & Spencer, Principles and Trucco in the republic where it recently added 29,000sqf of floor space to its flagship Robinsons outlet in the new wing of Centrepoint Mall.

The group posted in the first quarter of this year, a turnover of S$75.1 million (US$48.8 million) for the 1 July-30 September 2006 period, up 1.6% from the same period in 2005. This was despite closing down underperforming stores.

Group profit from operations in the quarter more than doubled to S$3.2 million from S$1.3 million in the same period a year earlier, on improved gross profit margins achieved with reduced overheads.

River Island, which targets the 18-to 35-year-old shoppers, has 210 stores in the UK and Ireland, and 25 stores in other parts of the world.


2007 January Stories:

Retail Outlook 2007- Opportunities and challenges ahead
Indonesian retailers enjoyed buoyant 2006

JT Network brings DC superheroes to Singapore

SM Investment acquires supermarket, hypermarket

Capitol Optical sets up first lifestyle concept store for eye care in the region
Lippo poised to open high-end stores in China

Jaeger looking East for the long haul  

Wal-Mart beats Tesco to retail tie-up in India 

Siri Mahamart uncovers Rs1 billion retail plan

Robinson wins rights to open River Island stores in Singapore and Malaysia

Harvey Norman goes to Penang

Shanghai Tang steps up presence in fashion cities

US Home Depot acquires Home Way

Best Denki in first major Viet franchise

China retail sales projected to grow by 13%

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