The Asian playbook for global brands no longer works
Consumer behaviour across the region has diverged
GLOBAL consumer brands in Singapore are moving in two directions at the same time.
Some are exiting after years of weak traction. Gap and Banana Republic closed their stores in 2018. They were followed by Topshop and Topman in 2020. Eggslut exited in 2025. Earlier in 2026, Pull & Bear shut its last Singapore outlet.
Yet, other international brands are entering or expanding in the country. Chick-fil-A opened its first Asian outlet in Singapore in December 2025. Chipotle is preparing to set foot on the island. Australian luxury label Zimmermann unveiled its first South-east Asia boutique at Paragon.