Singapore listed in top-10 destinations for luxury and fashion brands !!

 Singapore is ranked in the top-10 list destinations for luxury and business fashion brands globally,attracting 69% of over 300 of the world's top business fashion brans and global luxury retailers. 

This was according 
to a yearly survey by real estate firm CB Richard Ellis(CBRE).

In the meantime, Hong Kong has maintained its position as the #1 popular destination for luxury retailers globally, attracting 84% of the luxury brands covered.

CBRE said Beijing and Tokyo also feature in the top-10, confirming that Asia continues to be a key target for luxury labels.





Director of Retail Services at CBRE Singapore,Ms Letty Lee,said the Singapore growth story continues to be a big deciding factor for luxury and fashion retailers, lured by the prospect of a continuous stream of
 spenders both local and beyond.

Experts at CBRE said that the Integrated Resorts and the surrounding Marina Bay Shoppes which opened last year played a big part in boosting Singapore's reputation as a luxury and business fashion destination.