The Edge Singapore Business & Investment Weekly.
The company ventured into overseas business expansion, and also bought into other businesses, such as perfume, jewellery and also became involved as a luxury watch distributor throughout the region during Dr. The company was eventually bought out by Metro Holdings in 1987. Jannie Tay was the managing director of the company and led it for the first 25 years. The first store was opened at Lucky Plaza in partnership with Metro Holdings and was a one-of-its-kind store during its time. The Hour Glass (“THG”) was founded in 1979 by Dr. The group acquired the chain in October 2014 from the Jay Gee Melwani Group for $13.3 million. The group also owns Watches of Switzerland, a watch retail chain in Singapore that deals in mid-tier to high-end Swiss timepieces. A notable example was the purchase of two high-end Australian properties for $37.2 million in 2015. The group also deals in luxury properties and owns high-end retail and commercial properties throughout Asia. It works as the official retailer for a number of luxury watch brands. The Hour Glass' has multi-brand and standalone boutiques in Singapore, Kuala Lumpur, Bangkok, Phuket, Ho Chi Minh, Hanoi, Hong Kong, Tokyo, Sydney, Melbourne and Brisbane. The company also donates 1% of annual profits to the Nonhuman Rights Project and offers a wide selection of vegan beauty products.The Hour Glass Limited ( SGX: AGS) is a specialty luxury watch retail group. Hourglass has been cruelty-free since launching in 2004. Hourglass is well-known as a luxury cosmetics brand for its dedication to delivering high-quality products that exceed expectations. The crease-proof formula blends effortlessly for a natural look.ĭesigned to enhance and lengthen the life of your foundation, Hourglass’ popular Veil Mineral Primer sets the smoothest stage for your makeup products while hiding redness and wrinkles at the same time. Made with microspherical powders, the Vanish Airbrush Concealer is another favorite for blurring imperfections and balancing things out.
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