Cotton On Group announces the opening of its Asia headquarters in Singapore
High Commissioner Philip Green speaks at the Cotton On event at Suntec City
Friday 28 February 2014
Now considered one of the fastest growing retail groups in the world, the Cotton On Group announced the opening of its Asia headquarters in Singapore, cementing the Group’s commitment to Singapore as the cornerstone of its operations in the region. The move also further reinforces the Australian retailer’s focuson Asia as vital to its global expansion blueprint.
From humble beginnings in 1991, the Cotton On Group has grown to more than 130 stores across nine brands in 16 countries, with no plans to slowdown. With more than 160 doors throughout Singapore, Malaysia, Hong Kong, Thailand, Indonesia and the Philippines, the Australian born retailer plans to open several hundred stores in the region in the next five years.
“We’re thrilled to have had the support of the Singapore Government and the Economic Development Board as we continue to focus our energies on identifying new retail growth opportunities in the region that will best service our customers in Asia,” said the Cotton On Group Chief Financial Officer, Michael Hardwick when addressing guests, including Australian High Commissioner to Singapore, Mr Philip Green OAM, on Thursday evening at the Cotton On Megastore in Suntec City.
“Singapore is a market rich in talented, innovative, forward thinking individuals,” said Mr Hardwick. “Asconsumers, Singaporeans value design, they are ahead of the global curve, retail savvy and are driven by trends that move as quickly as we do."
As an employer of choice, the Cotton On Group is committed to creating meaningful and long term careers within Singapore and takes great pride in its ability to attract and retain a strong and diverse workforce across many disciplines including design, marketing, ecommerce, supply chain, technology and management.
“I congratulate the Cotton On Group for embracing Singapore and Asia. Cotton On is showing true Aussie spirit - bold and innovative, taking on the world. Cotton On has come a long way from when founder Nigel Austin sold acid wash jackets at a small market in Geelong,” said Australian High Commissioner to Singapore, Mr Philip Green OAM. “Now, it has more than 19,000 staff and is a true global player in the value fashion space. With Singapore being an international hub for business and the regional leader in consumer trends, it makes perfect sense for the Cotton On Group to have its Asia headquarters here. Cotton On and Singapore is a formidable combination."
CLICK HERE to read the full press release from the Cotton On Group (.PDF format).