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21 Jun 2018
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tumi
Aiko TanakaFashion

TUMI reopens at Harbour City in HK

TUMI, the leading name in premium travel, business and lifestyle accessories, re-opens its Harbour City store in Tsim Sha Tsui to unveil a new store redesign. The recently refurbished 990 square feet space features multiple enhancements including a new…

Lacoste 3 RG Loves
Maria SantosFashion

Lacoste adopts temporary logo

Lacoste temporarily replaced its polo shirts’ crocodile logo with the images of 10 endangered species to help counter the threat of extinction. The shirts, which are part of a limited run supporting the “Save Our Species” campaign that launched during Paris…

missoni
Maria SantosFashion

Missoni bought by Italian firm

The Missoni family has relinquished its hold on maintaining full ownership if its namesake Italian label, confirming that FSI Mid-Market Growth Equity Fund will take a minority holding in the brand. Coinciding with the kick-start of Milan fashion week for men…

World Design Space City of Dreams 2
Minjun ParkFashion

Urban fashion concept at Macau’s City of Dreams

Luxury retailer DFS Group has launched a new multi-brand concept store World Design Space at T Galleria by DFS at Macau’s City of Dreams. The store introduces emerging international brands in a technologically enhanced shopping environment that features more…

bottega veneta
Sarah ChenFashion

Bottega Veneta appoints British designer Daniel Lee

A new high luxury designer reshuffle brings some interesting aesthetic food for thought. Bottega Veneta, the quiet power of Italian stealth wealth, has appointed Daniel Lee, a 32 year old British graduate of Central St Martins, to replace its outgoing…

Adidas POD
Rajiv MenonFashion

Adidas Originals launches new Personalisation System

Adidas Originals has launched its newest silhouette ‘Point of Deflection System’, which allows customers to create their own sneakers. Inspired by Adidas’ iconic 90s ‘POD System’ technology and engineered with a podular sole unit, the new silhouette is built…

New Look shop
Minjun ParkFashion

New Look about to Quit China

Struggling UK fashion retailer New Look is set to cull its China store network. Weeks after signing a Company Voluntary Arrangement with its creditors and landlords in the UK – a plan which will see it close 60 stores – chairman Alistair McGeorge has cast…

Zara Shop
Rajiv MenonFashion

Zara owner hits another revenue record

Inditex Group announced a new first quarter record revenue of €5.7 billion, driven by flagship brand Zara. This marks a 2 per cent increase in net sales growth, up from €5.6 billion in the first quarter of 2017, which was underpinned by solid business…

HM Shopping
Maria SantosFashion

H&M sales stagnates due to record inventory

H&M sales worldwide – in local currencies – stagnated in the second quarter, reaching SEK 51.98 billion (US$5.88 billion). The poor figure was achieved despite a net increase of 303 stores between May 31 this year and the same time last year, taking the…

Falke Sports
Wei ZhangFashion

Falke Ergonomic makes debut in Fysical stores in IFC Mall

Falke Ergonomic Sport Systems has opened its first Hong Kong store in IFC Mall in Central. With a “breathtaking backdrop”, according to the sportswear brand, the store offers 54sqm of high-end shopping. Falke says its collection includes a mix of…

Off White
Sarah ChenFashion

Off-White heading for more Manila stores

After the opening of designer Virgil Abloh’s store in Vancouver, Off-White has finally announced its next location will be Manila in the Philippines. It will be the first Off-White retail store to open in Asia for four years. An official announcement via…

GAP Jeans
Sarah ChenFashion

Former Billabong chief bags top job at Gap

Former Billabong International chief executive Neil Fiske has landed a new job steering the ship for Gap Inc.’s struggling namesake brand. After spending almost five years trying to flip the fortunes of Billabong prior to its acquisition by Boardriders…

Mon Purse scaled
Aiko TanakaFashion

Mon Purse Launches New Retail Strategy

Design-your-own handbag business Mon Purse is revamping its bricks-and-mortar presence in the US market. After a much-publicised expansion to America through a deal with Bloomingdale’s in November 2016, the Australian e-commerce company has pulled out of the…

Mulberry
Aiko TanakaFashion

Mulberry Group looking for a JV Parter in Korea

Despite a profit decline for its latest year, UK luxury leathergoods company Mulberry Group plans to form a JV to develop its business in South Korea. It says it has signed an agreement with SHK Holdings to form Mulberry (Korea) Co. It will own 60 per cent of…

Guess Jeans
Maria SantosFashion

Guess Jeans taking Farmers Market bigger

Guess Jeans is expanding its Farmers Market concept to global stores until the end of next month. Created by Guess and vintage streetwear collector Sean Wotherspoon, the collection features reworked items from the Guess archives developed in the ’80s and…

shoplifting
Rajiv MenonFashion

The rise and rise of Spendless Cosmetics in China

In just five years, Singapore-based Leza Parker (pictured)’s life has transformed from stay-at-home mum to being the founder/CEO of a US$50 million company selling 15,000 beauty products online. Her Spendless Cosmetics has evolved into a world-first social…

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