Flooding Tragedy Awaits Peesai's Underground MRT

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Jun 17, 2010

Losses 'in the millions'

Luxury retailer Hermes and three-day-old Wendy's among those hit

<!-- by line -->By Ng Kai Ling & Lim Wei Chean
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Retailers there said it was the worst instance of flooding they had seen in years, adding that they should know - the basement of the building floods every year, they said. -- ST PHOTO: BRYAN VAN DER BEEK

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FROM handbags costing thousands of dollars to $10 toiletries, a wide range of wares was destroyed in a flash by the flood that hit Orchard Road yesterday.
Add to that the cost of furnishings and equipment, and retailers say they are looking at millions of dollars in losses.
Among the worst-hit stores were luxury goods retailer Hermes, apparel house Massimo Dutti and three-day-old fast-food restaurant Wendy's, all at Liat Towers.
But stores at Lucky Plaza - including a Watsons outlet and a myriad of shops stocking everything from mobile phones to computer peripherals - also suffered heavy losses.
Retailers there said it was the worst instance of flooding they had seen in years, adding that they should know - the basement of the building floods every year, they said.
Some said they had lost between $8,000 and $10,000 worth of goods.
Read the full story in Thursday's edition of The Straits Times.
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