H&M’ s two-storey Ion Orchard outlet is closing in March, after a run of more than a decade. Opened in 2012, the store’s last day of operations is on March 12, according to a Facebook post by the Swedish fast-fashion brand on Feb 3. The post added: “But...
H&M entered the Republic in 2011 with a flagship store at Somerset.
The world’s No. 2 fashion retailer – behind Inditex, which owns Zara – has had a spate of closures in Europe, spurred byAccording to media reports, one in five of its Britain-based stores had closed in the past few years, with four more stores earmarked to close this year citing “a rapid change in customer behaviour”.
In October 2020, the retailer said it planned to cut 250 of its stores globally. As at Nov 30, 2022, it had 4,465 outlets worldwide.far better than their high-street counterparts. While H&M saw its net profit fall 68 per cent from 2021 to 3.6 billion Swedish kronor , French multinational LVMH - which owns brands including Tiffany & Co, Christian Dior, Sephora – had a record year in 2022, raking in a 23 per cent jump to hit €79.2 billion in 2022.
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H&M Ion Orchard outlet to close on March 12SINGAPORE - H&M’ s two-storey Ion Orchard outlet is closing in March 2022, after a run of more than a decade. Read more at straitstimes.com.
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St Stephen’s School to have new school bus operator from March; fares up by as much as 89.4%SINGAPORE - St Stephen’s School has appointed a new company to provide school bus services for its pupils, with the new vendor serving the school located in Siglap from March 1, 2023. Read more at straitstimes.com.
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Illegal carpooling chat groups on Telegram grow in popularityOn a Friday night, a trip from Bedok to Orchard Road cost $32 on ride-hailing apps such as Grab and Gojek, while the same trip cost $16 on an illegal carpooling chat group on Telegram. To save on the trip, a 26-year-old teacher, who wanted to be known only as Ms Gen, opted...
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New office cum retail development with public garden to open in the CBD in Q3 2023SINGAPORE – The Central Business District (CBD) will get a new public garden in the third quarter of 2023, when IOI Central Boulevard Towers, a mixed-use development, is opened. Read more at straitstimes.com.
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Michael B Jordan confirms Creed IV plansMichael B. Jordan has confirmed he is working on plans for Creed IV. The actor is preparing to launch the third movie in the boxing series in March which sees him returning as Adonis Donnie Creed - the son of Rocky Balboa's former opponent Apollo Creed - and taking charge of the movie as director and he's now revealed his...
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Japan Dec real wages post first rise in 9 months on 26-year-high nominal growthTOKYO : Japan's real wages rose in December for the first time since March despite rising inflation, as nominal pay grew at the fastest pace in nearly 26 years with robust winter bonuses.The market closely watches wage trends in the world's third largest economy as high pay growth to counter price increas
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