Retail in Asia

In Shops

Kate Middleton put this Singapore retailer on the map

Singapore fashion house Raoul’s plans to go global got a royal boost when UK’s Kate Middleton donned its ready-to-wear pieces during her visit to Singapore with Prince William in 2012.

The label is available in 25 countries today, including fashion capitals Paris, London and New York. In addition to Western markets, Raoul has been making inroads into the Middle East since last year. Next up, it plans to launch Raoul in Japan and South Korea as well as the retail market every business wants a slice of: China.

Raoul made its foray into China in September of last year and plans to roll out 27 stores in the world’s second-largest economy by 2017. Despite the mainland’s economic slowdown, co-founder Odile Benjamin and her husband Douglas Benjamin remain upbeat.
 

(Source: CNBC)