Magazines Archives - 2010 Oct

Ferrari opens its 38th worldwide store in Singapore
Story 5 - News

MTHE Ferrari Store of Singapore, the 38th outlet worldwide under the Ferrari retail store brand, celebrated its grand opening on the eve of the F1 Singapore Grand Prix last month. The 170sqm outlet is situated in the Marina Bay Sands Resort.

The opening was attended by Enrico Galliera, Ferrari’s commercial & marketing director; Massimiliano Ferrari, Ferrari’s licensing & retail director; Edwin Fenech, CEO of Ferrari APAC, Middle East and Africa; and Teo Hock Seng, managing director of Ital Auto Pte Ltd, the local company that manages the Singapore outlet. Also present were Fernando Alonso and Felipe Massa, the Scuderia Ferrari drivers.

The store features a range of lifestyle and luxury Ferrari products, together with a selection of items dedicated to Ferrari enthusiasts, children and collectors. These include miniatures and models of cars from past and present, a display case showcasing a crankshaft, valves and a piston, and the Cavallino collection of leather accessories and sportswear.

The Ferrari Store development programme includes plans to open more than 60 outlets over the next two years in Europe, the US, the Middle East and the Far East, said the company in a statement.

Other current Ferrari retail locations around the world can be found in Milan, Rome and Venice, Italy; London, UK; Barcelona, Spain; Athens, Greece; New York, USA; and Dubai, UAE, to name a few. ra

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2010 Oct Stories:

Social media: The next big thing happening now - Part 2: How can Asian retailers leverage the opportunities that are unfurling?

Fast-growing HORECA trade augurs well for FHC China 2010

Investing in China’s and India’s burgeoning retail trade

FHT2010 – a success on all fronts

Ferrari opens its 38th worldwide store in Singapore

MasterCard expands foothold in e-payments market with UK’s DataCash

Eset inaugurates Apac headquarters in Singapore

Singapore’s retail rentals stabilising

Singapore ‘ideal vantage point’ to tap growth prospects in the region

High staff turnover in produce departments can be reduced, says PMA

Singapore’s gift and stationery fairs registered double-digit growth in exhibitors

New dynamics involved to win in IR retailing, say industry experts

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