Can Singapore stay at the forefront of the global luxury market?
Despite a worldwide slowdown, the rise of quiet and experiential luxury is working in the Republic’s favour
Navene Elangovan &
Nivani Elangovan
[SINGAPORE] Shaun Quek, 48, spends nearly six figures a year on luxury goods. But while he used to purchase them with the intention of owning specific brands such as Louis Vuitton and Bvlgari, the founder of creative agency TMRW says he now wants pieces that reflect “milestones” in his life.
“I’m looking more for unique, customisable pieces, as opposed to the mass-produced items.”
He’s not alone.
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