Joining global festive online mega-sales gives local retailers' cash registers a merry peal
Brands like Tiger Balm, Hegen and Love, Bonito have reaped the upside of expanding their retail footprint beyond Singapore
Singapore
ALTHOUGH Singapore shoppers are no stranger to retail fever over Black Friday sales in the United States or Singles' Day in China, local retailers are also joining in, with a growing number banking on overseas Web sales to expand their horizons.
That tourists from China head to Hong Kong, Thailand or Singapore to track down Tiger Balm products prompted Haw Par Corporation - the group behind the iconic ointment - to take part in the global online shopping extravaganza on Nov 11.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Consumer & Healthcare
Shareholders raise questions over dividend payout, directors’ salaries at Best World AGM ahead of proposed privatisation
‘Extreme’ climate blamed for world’s worst wine harvest in 62 years
Sheng Siong Q1 net profit up 9.3% on higher revenue
Nestle sales growth sputters on US slump, vitamin snags
Hermes Q1 sales jump 17% on strong China demand
Cordlife’s independent auditor to retire after issuing disclaimer of opinion on FY2023 financials