Chinese toymaker Pop Mart International ramped up its global expansion on Wednesday by opening a new store on Singapore’s Sentosa Island – alongside its first overseas Pop Bakery dessert store in the same venue – with observers predicting that more overseas locations would help drive growth, especially those in underpenetrated markets. The launch comes amid softer domestic sales and normalising demand after a strong intellectual property (IP) cycle in 2025. Analysts said improved inventory...
Singapore is banking on lavish beachfronts, canopy walks, a transformed port and even water taxis to upgrade its holiday island, Sentosa, into a major tourism draw over the next two decades – but observers say the challenge will be in guaranteeing distinctiveness. On Friday, the Sentosa Development Corporation (SDC) unveiled plans to rejuvenate the 5 sq km resort and theme park island, which is located 10 minutes from the Singapore mainland by monorail and is also accessible by car or bus...