Luxury retailers, developers continue expansions in Singapore

Retail sales in Singapore have taken a hit as consumers rein in spending and visitor arrivals deteriorate. But the luxury-retail segment continues to shine, and high-end developers and retailers are not pulling back on their expansion plans. For example, Knightsbridge is the next luxury development for the area and is scheduled to open in May.

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Straits Times (Singapore) (subscription required), The

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