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At its highest point, Esprit Holdings’ market capitalization was over US$20 billion. Since the financial crisis in 2008, Esprit Holdings has faced a series of financial and market-share setbacks. [14] [15] With the onset of the COVID-19 pandemic, Esprit gradually closed all stores in China, Taiwan, Singapore, Hong Kong, Malaysia, and Macau. [16]
With the closure of all Esprit stores on 7 April 2020, Playdress took over the space. Uniqlo had its first flagship store at Tampines 1 from April 2009 until 17 January 2021. Don Don Donki took over the Uniqlo and Browhaus shop space, and opened on 22 October 2021. Tampines 1 underwent renovation works from August 2023 and was completed in May ...
Robinsons exited Singapore and Malaysia in 2020 due to the COVID-19 pandemic.In August that year, Robinsons announced the closure of its Jurong East Mall outlet, [9] followed by their main outlets at The Heeren and Raffles City on 30 October, ending its 162-year history and joining the list of closures in the city-state, such as Topshop, Hotwind and Esprit Holdings.
The second basement to Level 3 would be for food and beverage outlets and shops, and Levels 4 to 6 would be an extension of the former Robinsons. The renovation works were completed in December 2006, and there is now a Gap store on Level 2 and an Esprit store on Level 3. There was a shopping mall decentralisation strategy over the years.
In 1993, it moved into the Asian market, opening stores in Hong Kong and Singapore. Since then, Red Earth has expanded into Canada, Thailand, the Netherlands, the United Kingdom, the United Arab Emirates, China, the United States, Pakistan, and Japan. In 2001, the company was purchased by Esprit. As a result, Red Earth products are also widely ...
Since 1996, the group has developed beauty spas and food stores that expanded internationally to over 200 outlets and over 2000 employees. [6] It currently focuses on London and other parts of the world to develop new businesses [7] [8] partly because Chua understands that Singapore presents a limited market [9] that could restrict consistent growth in her business lines.
The International Merchandising Mart Mall [1] (usually referred to as IMM Mall) is an outlet mall owned by CapitaLand Mall Trust, located in Jurong East, Singapore. Opened in 1991, it is a five-storey mall with 961,281 square feet (89,305.9 m 2) of retail space.
Mustafa Centre is a shopping mall in Singapore, situated on Syed Alwi Road in the cultural district of Little India, within the planning area of Kallang. [1] Within a walking distance from Farrer Park station and Jalan Besar station on the North East Line and Downtown Line, Mustafa Centre is a retail hub attracting many shoppers with its wide variety of products and services.