SINGAPORE - The operator of Gallery & Co, the museum store located in the National Gallery Singapore , will be pulling out after more than four years of operation.
"We are hugely dependent on tourism and retail. With Covid, both sectors were severely impacted," it wrote in the post. Local design label Little Drom Store posted on its social media channels on Thursday that it was owed payments to the tune of $12,000, for goods sold since November last year. About $30,000 worth of products remain in the store, it said in the post. The label is known for its nostalgic, Singapore-inspired pins and accessories.
A creditors' meeting has been scheduled for Aug 13, and creditors have to submit paperwork by Aug 11, the distributor said.National Gallery Singapore announced the news on its Facebook page on Friday, noting that ByandCo had decided to terminate its operations"due to the changing and challenging business conditions brought about by Covid-19".
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