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It is encouraging to hear such stories. The other 50 per cent of why I want to do this is: there is a lot of potential and revenue in this business of helping small companies. Outside of Singapore, about 60 per cent of the businesses are SMEs, so there is still room to help them. Is it a lost cause for offline retailers? Traditional retail businesses won't die out, because people still like the option to touch and feel products. But what's important is for these businesses to be omnichannel retailers. I think it is also important for these retailers to list themselves on online marketplaces, so that they can be more cost efficient and reach a wider scale more easily. I shop online for quite a lot of things, including groceries, even though there is a 24-hour supermarket just across my home. I shop for clothes, accessories and homeware items online. I've shopped for art online too.
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The alignment will give Dior, which does not have e-commerce in the U.S., another way to reach shoppers. The French luxury label has also partnered with four influencers — Camila Coelho, Yoyo Cao, Melina Matsoukas and Mia Moretti — to model the new collection and share what they most “j’adior,” aligning with the popular J’adior slingbacks the company is bringing in new colorways this season. Retail prices range from $790 to $2,290. All assets promoting the pop-up will include the girls in spaces that inspire them. Each of the four has quite a reach. The Brazilian-born Coelho alone has nearly 6.2 million followers on Instagram and 2.9 million fans on Facebook. In three years Cao, who is better known as @yoyokulala, has established herself as one of Singapore’s most internationally recognized social media personalities. Last year, she expanded her base by starting her own collection and e-commerce site. A two-time Grammy winner, Matsoukas directs music videos, television shows and commercials, having worked with Beyoncé, Rihanna and Nike among others. Moretti, a DJ, is another in-the-know personality and Katy Perry’s friend.
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