Luxury houses, streetwear and the Asian designers shaping global style.
Despite fewer shops, apparel company Bauhaus International saw same-store sales edge up for its year to 31 March. While the rise was 3 per cent for its self-managed offline shops for the 12 months, the last quarter saw sales jump 12 per cent. Bauhaus designs…
Spanish fast-fashion retailer Zara will unveil an augmented-reality experience for two weeks in 120 flagship stores globally. Aimed at encouraging customers both outside and inside the store to shop and share, the innovative concept superimposes technology on…
Nike has taken another step towards modernising its offer, announcing the acquisition of 3D scanning start-up Invertex in a move that will allow it to deliver measure-to-fit services online. The Israeli based computer vision firm was bought for an undisclosed…
French luxury conglomerate LVMH Moet Hennessy Louis Vuitton has had a strong start to the year despite the impact of the termination of its Hong Kong International Airport duty-free business at the end of last year. Its revenue grew by 10 per cent for the…
Almost a year since the launch of its first Australian store British sports retailer JD Sports has unveiled the next stage of its local expansion plans, revealing three new store launches. The openings will bring the international entrant’s Australian store…
Online fashion sites Zalora Hong Kong, Malaysia, Singapore and Taiwan have introduced a special page of high-end brands. Zalora Premium showcases signature aesthetics and capsule collections along with customised editorial and a catalogue. Some products are…
Listed jewellery retailer Soo Kee Group is planning to change its name. In a statement to shareholders, CEO and executive director Lim Yong Sheng says the company proposes to adopt the new title SK Jewellery Group. “The group currently retails fashionable…
Armin Strom has formed a distributor partnership with Swiss Prestige, which promotes Swiss watch manufacturers in Asia. Swiss Prestige CEO Jacqueline Ng says Armin Strom, with its distinctive designs featuring in-house movements, all made in small quantities,…
US-based footwear, accessories and apparel retailer Nine West Holdings filed for bankruptcy last Friday, agreeing to terms with Juicy Couture owner Authentic Brands Group to sell its Nine West and Bandolino businesses. In its Chapter 11 filing last week it…
French handbag brand Longchamp Philippines has opened its fourth boutique, in Rustan’s Makati. Inspired by the brand’s Paris flagship along rue Saint-Honore, the new 65sqm store is decorated with modern interiors – lots of wood, leather and fabric, and rich…
Monday will be Billabong International’s last day of trading on the ASX after the Federal Court approved Quiksilver parent Boardriders Inc’s scheme of arrangement to acquire all of the issued shares in the company. The surf wear business will suspend from…
Dickies Vietnam is planning to open its first Ho Chi Minh City flagship store. Meanwhile, the American apparel brand is paving the way by opening pop-up stores at Diamond Plaza, Parkson C&T, Parkson Hung Vuong, Parkson Saigon Tourist and Takashimaya from this…
Fung Group has unveiled a new iteration of its Explorium research centre in Shanghai. Dubbed Explorium 2.0, the 23,000sqm mock mall has been converted by the supply-chain specialist company into what it describes as a “value-generating ecosystem for…
Storefront is pushing the boundaries of the retail industry by giving brands for the first time ever the opportunity to rent Virtual Reality pop-up stores right on its platform. Retailers and e-commerce brands can now launch a virtual, fully customisable…
Jewellery retailer Hong Kong Fook Tai Holdings is seeking an IPO on the growth enterprises market board with the aim of opening more retail stores and improving brand recognition. Fook Tai runs seven retail shops under the Fook Tai Jewellery brand in Hong…
Fendi Thailand has launched two pop-up stores in Bangkok’s Siam Paragon. Its concept is a luxurious reinterpretation of the Roman-style vintage newsstands typical of piazza in the heart of Rome. One kiosk is dedicated to the label’s spring/summer women’s…
Weekly Briefing
Tuesday, Thursday and a Saturday Weekly Wrap: the retail stories, numbers and moves that mattered across Asia. Nothing else, and you can unsubscribe in one click.
Read by retail operators, investors and brand teams across Asia.