Retail

Cortina Holdings profit up 4% YoY to $63.6m in FY2025

Revenue for the period also increased 6% YoY.

Piccadilly Galleria relaunched for sale at $67.5m

The property was initially launched in October 2024.

The Hour Glass profit falls 14% to $136.1m in FY2025

It was mainly due to higher operating costs caused by inflation.

Gen X collectors drive growth in Singapore collectibles scene: survey

This makes Gen X the second-highest spending demographic, trailing only 26–30-year-olds.

DFI Retail Group reports underlying profit drop of 18% in Q1 2025

The group still maintains its full-year profit guidance of $297.88m to $349.68m

Creative Technology appoints Freddy Sim as new CEO

He brings over 40 years of entrepreneurial experience to the role.

Prime retail rents rise marginally in Q1 2025

Island-wide retail occupancy rate fell to 93.2%.

ShopBack debuts in the US, partners with over 2,000 merchants

Its US launch includes Amazon cashback, ShopBack Play, shipping rebates, quests, and auto-applied coupons.

Sea Limited posts $534m profit in Q1

It reversed a year-ago loss of $30m.

UHREIT’s NPI drops 8.4% YoY in Q1

The decline was due to divestments made in August 2024 and January 2025.

FMGC SMEs face ESG risks from overseas suppliers: study

They may not have the same social and environmental protections.

Singapore retailers turn to AI amid falling store sales: survey

69% of Singapore retailers believe AI agents will be essential to outpacing competitors within the next year.

Thakral Corporation net profit down 4.9% YoY in Q125

Foreign exchange loss and income taxes drove the decline.

Investors demand authentic growth from sustainable food brands

Truly Nuts! and TNB Aura outlines what it takes for sustainable food businesses to scale.