Process of opening a clothing store in Singapore, Thailand, Cambodia from AZ (2025)

• Young population: Southeast Asia has a young population with a high proportion of potential consumers, especially in the fashion sector.
• Rising middle class: A growing economy promotes the growth of the middle class, leading to high demand for quality fashion products.
• Fashion trends: The demand for diverse fashion styles, from popular to high-end, creates conditions for many business models to develop.

• Cost: Labor, production and operating costs are lower than in developed countries.
• Infrastructure development: Transportation, logistics and payment systems are increasingly perfect, supporting effective business operations.
• Opportunity to access new markets: Easy to penetrate neighboring markets in the region.
• E-commerce platform: is growing strongly, opening up opportunities to reach large customers.

• Expanding the market to Southeast Asian countries helps businesses diversify income sources and minimize risks.
• Access to the latest fashion trends and regional innovations.

• The fashion industry in Thailand is growing strongly with a diverse picture of brands and styles. Bangkok is considered the leading fashion shopping center in Southeast Asia.
• Thailand is a popular tourist destination, attracting visitors from all over the world.
• Growing domestic consumer demand, especially for high-quality products and services, is driving the development of shopping malls and retail stores.
• The Thai government is implementing many policies to attract foreign investment, improve the business environment and promote innovation.
• Thailand is an open economy, participating in many Free Trade Agreements (WITH 14 FTAs), facilitating import and export and attracting investment.

• Singapore is famous for its modernity and creativity in fashion, with many high-end fashion stores and strong support from the government with many business support policies, creating a favorable and attractive business environment. Foreign investment.
• Singapore is located in a favorable geographical location, the center of connection between Southeast Asia and the rest of the world. Singapore's seaport and international airport are leading transportation hubs in the region.
• Singapore is a leader in its free, open and stable market economy
• High-end fashion hub: Singapore focuses on the high-end fashion segment, attracting luxury brands from around the world.
• Growing e-commerce platform: The online fashion industry in Singapore is booming, providing many choices for consumers and driving revenue growth.
• Interest in sustainable fashion: Demand for sustainable fashion products is increasing, promoting the development of brands and designers pursuing this direction.

• Although the fashion industry in Cambodia is still new, the country is becoming a new destination for famous fashion brands.
• Cambodia is strategically located in Southeast Asia, connecting to major markets such as Thailand, Vietnam and China. This is an advantage for businesses wishing to export goods from Cambodia to other markets.
• Cambodia has the second youngest population in Southeast Asia.
• Cambodia's tourism industry is growing strongly, attracting a large number of international tourists.
• Development potential: The fashion retail industry in Cambodia is on the rise with the rise of the middle class and consumer demand.
• Appearance of young designers: The Cambodian fashion industry is witnessing the emergence of talented young designers, bringing a new breeze to the market.
• The Cambodian government has many preferential investment policies to attract foreign investment capital. Foreign investors enjoy many incentives such as tax exemption, tax reduction, and administrative procedure support.

The fashion industry in Thailand, Singapore and Cambodia is growing strongly with much potential. These countries are making efforts to improve product quality, diversify styles and develop export markets. Therefore, this is a promising and potential market for foreign businesses and investors when opening clothing stores in Singapore, Thailand, and Cambodia.

• Grasp the fashion trends, preferences and needs of local consumers.
• Research culture and customs to adjust products and services accordingly.
• Research competitors to build an effective overseas clothing store business strategy.

• Comply with local import, trading and tax regulations.
• Apply for business license and related documents.
• Understand labor and environmental regulations.

• Manage supply chain effectively to ensure stable supply.
• Choose the right shipping method to ensure products reach customers quickly and intact.
• Resolve issues related to customs procedures.

• The cost of premises, labor, taxes and other expenses are higher than in the country.
• Fluctuating exchange rates can affect profits.
• Higher marketing and branding costs.

• Managing a store remotely can be difficult.
• Cultural and language differences can lead to misunderstandings in communication.
• Difficulty in recruiting and training local staff.

• Market, political, economic and social risks in the host country.
• Exchange rate risk.
• Competitive risks.

The fashion market in these countries is growing rapidly, providing many business opportunities for Enterprises wishing to do business in the fashion sector.

You should choose a location that has:

• High traffic.
• Suitable for target market.
• Reasonable rental price.

Costs vary depending on factors such as location, size and style of store.

Accordingly, the cost of renting a physical store in Singapore is relatively high compared to the rental cost level in Thailand and Cambodia. Businesses should conduct a thorough cost analysis before starting the process, or consider doing e-commerce business before renting a physical store.

The time may vary depending on the complexity of the setup process, regulations and other factors. Businesses should contact GLA for support and detailed advice on the time it takes to open a fashion store in Thailand, Singapore or Cambodia.