Luxury houses, streetwear and the Asian designers shaping global style.
South Korean cosmetics brands, wildly successful at home and across Asia, now have their eye on the European beauty market where their penetration is, for now, only skin-deep. Picking luxury goods powerhouse France as its bridgehead to seduce European…
Fashion company Burberry has appointed Riccardo Tisci chief creative officer, effective from March 12. With expertise across womenswear, menswear, leather goods and accessories, Tisci joins Burberry from Givenchy, where he was creative director from 2005 to…
US fashion brand 3.1 Phillip Lim is opening stores in Seoul via Handsome, the apparel unit of Hyundai Department Store. Handsome says 3.1 Phillip Lim men’s and women’s apparel, bags and accessories have just gone on sale at outlets in the luxury hall of…
British fashion brand Reiss has launched in South Korea, at Shinsegae Department Store in Kangnam. Introduced by Shinsegae International, the brand plans to open 12 stores in both Shinsegae and Lotte department stores across the country by the end of this…
While Malaysian fashion retailer Bonia sold fewer handbags in its second quarter, it did manage to grow its net profit. It achieved a net profit of RM11.99 million (US$3 million) for the period, to the end of December, up 8 per cent. It attributes the upswing…
Clothing retailer Moncler international had double-digit growth in all key financial indicators last year, with soaring Asian sales playing their part. Its revenues for the year reached €1.1 billion (US$1.3 billion), an increase of 17 per cent at constant…
The Amsterdam-based watch brand CLUSE, renowned for its timeless sophistication and strong focus on materials, quality, and style, opens its first branded kiosk in Asia Pacific with the leading Asian brand accelerator Bluebell Group. CLUSE, already popular…
While the latest Macy’s sales figures do not suggest there is a miracle on 34th Street – or at any other Macy’s location – they do provide a little cheer. Comparable sales are now positive after an extended period of decline, meaning Macy’s gets to end its…
Esprit Holdings swung to a net loss in the first half, hit by weak sales at its brick-and-mortar retail stores and goodwill impairment due to a decline in its China business. The fashion group is in the midst of an ambitious multi-year revamp that has…
Charlotte Olympia US has collapsed, with all of its store closed. The US retail arm of the UK-headquartered luxury fashion and shoe retailer is believed to have debts amounting to US$19.2 million, and assets of just $3.2 million. It had four stores: in New…
US fashion retailer American Eagle Outfitters is about to quit the Singapore market. At a closing-down sale at at its Suntec City outlet, staff members have confirmed that the store’s closure on Wednesday will mark the end of the brand’s presence in…
Despite slight revenue growth, Parkson Holdings’ retailing division ended its second quarter with a loss. For the first half, its interim financial report shows there was 3 per cent growth in revenue to RM1.9 billion (US$485.9 million) with an operating loss…
South Korean fashion brand Twee has opened a flagship store at 313@Somerset on Orchard Road. The 4030sqft (374sqm) Twee Singapore store offers an exclusive collection of party dresses as well as Superface beauty products. The store promises to bring in more…
After negotiations with Chinese conglomerate Fosun International faltered, Italian luxury lingerie label La Perla has a new owner, Amsterdam-based investment company Sapinda Holding. Two months ago, La Perla announced it had entered into exclusive…
Coty, the global beauty company, is to begin a new technology start-up programme which will offer $100,000 in cash prizes for the best pitches involving artificial intelligence (AI) solutions. The digital accelerator start-up programme will ultimately see…
Perry Ellis International has granted Good People a licence to produce its men’s underwear and loungewear under the Perry Ellis Portfolio trademark in South Korea. Founded in 1991, Good People makes and wholesales underwear and loungewear products for men,…
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Read by retail operators, investors and brand teams across Asia.