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Vertical Business District, Seoul, South Korea Jewel Changi Airport, Singapore

SEOUL SHANGHAI SINGAPORE TOKYO
Seoul is a vibrant mix of traditional markets, luxury boutiques and Shanghai blends traditional markets with high-end malls and Singapore’s retail market is highly developed, driven by a tech-savvy One of the most dynamic and resilient in Asia, Tokyo’s retail
cutting-edge digital experiences. The city boasts iconic shopping e-commerce innovation. As China’s largest city, Shanghai is a population, strong tourism and high disposable incomes. It features a sector is driven by high consumer spending, a dense urban popu -
districts like Myeongdong, Gangnam and Dongdaemun, offering key retail hub, home to international luxury brands on Nanjing mix of luxury brands, local retailers and e-commerce platforms. Shop- lation and strong tourism. Prime retail areas like Ginza, Shibuya
everything from global fashion brands to local beauty products. Road and Huaihai Road, as well as thriving local fashion and ping malls dominate urban spaces, with Orchard Road as a key retail and Shinjuku attract global luxury brands and fast-fashion
Department stores such as Lotte and Shinsegae blend luxury with lifestyle outlets. The city’s tech-savvy consumers drive strong hub. The market has seen increased digital transformation, with retailers retailers alike. Despite economic fluctuations and demographic
convenience, while tech-savvy consumers embrace e-commerce online sales, supported by platforms like Alibaba and JD.com. integrating online and offline experiences. Consumer preferences are challenges, demand for premium retail space remains strong,
and mobile payments. Seoul also supports indie designers through Experiential retail, smart stores and omni-channel strategies shifting toward convenience, personalisation and sustainability. Despite with limited vacancy and stable rents. The market is also seeing
concept stores and pop-ups. Traditional markets like Namdaemun are reshaping the sector. Despite global economic uncertainties, challenges from global economic uncertainties and rising costs, the growth in experiential retail, pop-up stores and digital integra-
and Gwangjang provide cultural depth, selling street food and Shanghai’s retail market remains resilient, fuelled by a grow - sector remains resilient. Government initiatives and a robust infrastruc- tion. E-commerce continues to expand but complements rather
crafts. Retail in Seoul is fast-paced, trend-driven and reflective of ing middle class, tourism and government efforts to promote ture continue to support innovation and competitiveness in Singapore’s than replaces physical retail. Tokyo’s retail sector remains a
Korea’s dynamic fusion of innovation, tradition and consumer-fo- consumption and develop Shanghai as a global shopping desti - evolving retail landscape. One of the most unique retail projects here is key player in global retail trends and innovation. Launched
cused service. One of the biggest projects in the world is due to nation. A recently opened project in this city was the Livat the Jewel Changi Airport scheme, which highlights travel retail in a way last year, Harakado Mall is a place where people can come
begin construction here soon, the transformation of an abandoned Shanghai scheme. This project is the prototype of the new breed rarely seen around the world. The development is a nature-themed enter- together to create and enjoy Harajuku culture. It is home to 75
train maintenance depot in the central district of Yongsan into an of urban centres by Swedish Group Ingka Centres. This unique tainment and retail complex seamlessly integrated within Changi Airport. stores spread across nine floors and includes a rooftop terrace.
international business district, with the construction of a 100-floor ‘mixed-use meeting place’ anchored by Ikea connects neighbour - Its iconic centrepiece is the 40m-tall HSBC Rain Vortex, the world’s Harakado is a creative hub, where creators from a variety of
skyscraper and a sky trail linking high-rises there as the centre- ing plots and a metro station to offer a green oasis in this busy tallest indoor waterfall, surrounded by the lush Shiseido Forest Valley. fields, including fashion, photography, design, movies, adver-
piece. Under the plans, the Seoul city government will develop the mega city. Its iconic design digs deep into the Scandinavian roots Jewel Changi Airport is constantly enhancing its retail offerings, with a tising and magazines come together to collaborate and share
roughly 500,000sq m of land into the world’s largest “vertical” city, of Ikea generating a sense of oneness thanks to the simplicity focus on attracting new and established brands while also showcasing ideas. Harakado is diagonally across from its sister facility
with extensive green space. The district is scheduled to be built of stacked geometries and carefully selected materials. The Singapore’s unique culture and craftsmanship. Recent enhancements the Tokyu Plaza Omotesando or Omokado - formerly known as
by 2030 so that businesses will begin to move into the futuristic mall features over 300 brands, with 71 per cent of them being include new retail clusters dedicated to local brands and the introduction the Tokyu Plaza Omotesando Harajuku, which opened its doors
urban space in the early 2030s. market firsts or special concept shops. of innovative food and beverage concepts. to the public on 18 April 2012.

Livat Shanghai, Changning, Shanghai, China Harakado Mall, Shibuya, Tokyo

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