Retail in Asia

In Trends

Zalora relocates Singapore head office

Online fashion retailer Zalora is relocating its corporate headquarters in Singapore. The company has signed a three-year lease occupying over 30,000 square feet across two floors in Keppel Towers, located in Tanjong Pagar in the heart of Singapore’s business district.

“As a provider of premium office space, Keppel Land constantly seeks to partner exciting growth businesses that will drive the future economy,” said Tan Swee Yiow, president at Keppel Land, Singapore.

“Zalora is one such company and we are very pleased to welcome them to Keppel Towers, and look forward to partnering them in their expansion in Singapore and the region.”

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The Zalando office moves follows a year of strategic changes at Zalora. Parent firm Global Fashion Group (GFG), backed by Rocket Internet, in April deemed Zalora’s businesses in Thailand and Vietnam surplus to requirements and sold them to Thailand’s Central Group. Then, in July, GFG announced a successful funding round of €330 million, which had been subscribed by existing investors, including Rocket Internet.

“We’re very excited to be relocating to Keppel Towers. It’s a beautiful space that offers a more efficient layout with spectacular views of the city and waterfront,” said Parker Gundersen Zalora’s CEO.

“The larger space supports our continued expansion needs and offers a more collaborative environment for the team. Tanjong Pagar is also a very vibrant part of Singapore with great restaurants and amenities. It’s a great next step for Zalora,” he added.

Zalora’s new office is located on 10 Hoe Chiang Road, Keppel Towers, Singapore.