12 Apr '11, 9pm

Luxury and business fashion brands doing well in Singapore: by Jonathan Peeris According to an annual survey by

SINGAPORE - Singapore is among the top 10 destinations for luxury and business fashion brands worldwide. According to an annual survey by real estate firm CB Richard Ellis (CBRE), Singapore, at No 7, attracted 69 per cent of more than 300 of the world's top global luxury retailers and business fashion brands polled. Hong Kong maintained its position as the most popular, attracting 84 per cent of the luxury brands covered. Tokyo and Beijing also featured in the top 10, confirming that Asia continues to be a key target market for luxury brands. The integrated resorts and the Marina Bay Shoppes, which opened last year, played a big part in boosting Singapore's reputation as a luxury and business fashion destination, CBRE said. European jewellery retailer Konplott opened a store in Marina Bay Link Mall last year. Hermes has pre-let 3,000 sq ft of space at Scotts Square, which ...

Full article: http://www.todayonline.com/Business/EDC110413-0000445/Lux...

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Singapore a top destination for luxury brands

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