SINGAPORE: John Ng was hoping to use 2020 to get his new company StyleLab off the ground. He had taken over the distribution rights to fashion label G-Star RAW last July from Sidefame, where he was previously the director and general manager, and successfully acquired the distribution rights for agnès b in the same month. But then COVID-19 struck, putting a halt to any plans he had to build the business up and expand into Southeast Asia in the second half of this year. Currently, he has shops and counters at five locations in Singapore: Jewel Changi Airport, Paragon, Isetan Scotts, Robinsons The Heeren and Takashimaya Department Store. Sales in February and March fell by 70 per cent, Mr Ng said, which meant that the business was already loss-making. During those months, travel restrictions were gradually introduced, and Singaporeans started to work from home. Revenue has since dropped to zero after the “circuit breaker” kicked in on Apr 7 when most retailers were forced … [Read more...] about COVID-19: Retailers struggle amid uncertainties about reopening, recovery of sales
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Get A Great TV For PS5 And Series X On Sale, Plus A $200 Gift Card
If you're in the market for a new TV, Newegg has a fantastic deal on the best 4K TV for gaming on PS5 and Xbox Series X . The 65-inch LG CX OLED 4K TV is $2,000 at Newegg right now, and while that's a pretty typical sale price for the display, it also comes with a $200 Newegg gift card. That means you can snag yourself a gorgeous OLED TV and use the $200 towards new games and gadgets or even toward a PS5 or Xbox Series X when they come back in stock--unfortunately, we don't know when the consoles will become available again, but you do get 365 days to redeem the gift card. Amazon currently has a deal on the 65-inch LG CX OLED for $2,000 with a $50 coupon, so Newegg currently has the best deal for this TV. 65" LG CX OLED 4K TV + $200 gift card $2,000 The LG CX OLED features four HDMI 2.1 ports, which allow for 4K and 120Hz gaming on PS5, Xbox Series X, and PC. It also boasts support for VRR (variable refresh rate) and ALLM (auto low-latency mode) as well as … [Read more...] about Get A Great TV For PS5 And Series X On Sale, Plus A $200 Gift Card
ABC Bargain Centre, ABC Express and Valu$ outlets to cease ‘closing down sale’, ‘fire sale’ ads: Competition watchdog
SINGAPORE: Three retail outlets have voluntarily agreed to stop using misleading language in their advertisements, said the Competition and Consumer Commission of Singapore (CCCS) on Friday (Oct 16). The operators of ABC Bargain Centre, ABC Express and Valu$ said they would not use phrases such as "closing down sale" and "fire sale" in their advertisements. READ: Competition watchdog publishes price transparency guidelines; to come into effect in November "Advertisements bearing such language convey the impression that the reason for the discounted price is due to impending closure of the business and that the discounted price would only be available for a limited period of time," said CCCS. In 2019, the three retail operators approached the competition watchdog to discuss certain advertisements in their outlets. Before the meeting, the phrases - “closing down sale” and “fire sale” - were displayed continuously at their outlets without any end date, said CCCS. "CCCS … [Read more...] about ABC Bargain Centre, ABC Express and Valu$ outlets to cease ‘closing down sale’, ‘fire sale’ ads: Competition watchdog
Apple launches US$549 new AirPods Max, pricier than some iPhones, to boost holiday sales
NEW YORK: Apple on Tuesday (Dec 8) unveiled its new AirPods Max, a set of wireless over-ear headphones at US$549 apiece, pricier than some of its other popular phone and tablet products, in a measure likely to boost sales over the December holiday period. The new AirPods, which will have up to 20 hours battery life, will be shipped from next Tuesday, Apple said. They are priced at S$849 in Singapore and will be available for order soon, according to Apple. Because over-ear headphones create a seal around the ear, they are capable of delivering higher audio quality than in-ear devices and remain the standard form factor in professional studios. The AirPods Max model will compete with high-end headphones such as Bose's Noise Cancelling 700 units, which retail for US$340 with holiday discounts. At US$549, AirPods Max headphones are more expensive than Apple's entry-level iPhone, iPad and Watch models. The company also said on Tuesday that pricing for its base, in-ear AirPods … [Read more...] about Apple launches US$549 new AirPods Max, pricier than some iPhones, to boost holiday sales
Football: Maradona’s shirt is not for sale, says Hodge
LONDON: Former England midfielder Steve Hodge says he has spent a week fending off potential buyers for the shirt worn by Diego Maradona in the infamous 1986 World Cup quarter-final but insists it is not for sale. Hodge, 58, swapped shirts with Maradona after England's 2-1 defeat in Mexico City's Azteca Stadium, the match in which Maradona scored his so-called "Hand of God" goal before also scoring one of the best ever seen at a World Cup. The iconic player's death last week, aged 60, has created a frenzy of interest in the shirt, which belongs to Hodge but resides in England's National Football Museum in Manchester, and an American sports memorabilia expert said it could be available for US$2 million. Hodge, however, has disappointing news for anyone thinking of making him an offer. "I have had it for 34 years and have never once tried to sell it," Hodge told BBC Radio Nottingham. "I like having it. It has incredible sentimental value. "I've had people knocking on my door … [Read more...] about Football: Maradona’s shirt is not for sale, says Hodge