Intersport Philippines has opened its first store at the Ayala Vertis North Mall in Quezon City. It is the Swiss international sporting goods retailer’s first outlet for Southeast Asia. Being introduced by Planet Sports Incorporated, the company behind…
Moncler Genius Building is finally unveiled. During the opening of Milan Fashion Week, Moncler finally revealed the highly anticipated Moncler Genius Building—a conceptual space that housing the Moncler Genius collections designed in collaboration with…
Eyewear manufacturer Safilo has appointed a new CEO this week, following the sudden departure Luisa Delgado, who relinquishes her role at the Italian firm for personal reasons, as of 28 February 2018. The maker and distribution of luxury sunglasses has named…
Gap Inc has announced that Gap brand president/CEO Jeff Kirwan will leave the clothing retail company. A search has been launched to find a replacement. “As we move into the brand’s next phase of development, Jeff and I agreed it was an appropriate time for a…
US apparel group VF Corp. is on a mission to divest its Nautica brand, saying the decision to sell met the “held-for-sale and discontinued operations accounting criteria”. VF Corp. bought Nautica Enterprises Inc. in 2003 for $586 million. The company, which…
Jason Wu is stepping down from his role as artistic director of Boss women’s. His Autumn/Winter 2018 show, presented during New York Fashion Week, is the designer’s final collection for the German fashion house. “The five years at Hugo Boss have been a very…
Hong Kong luxury watch imports posted their highest monthly increase for more than five years in January. According to the Federation of the Swiss Watch Industry, exports to Hong Kong rose by 21.3 per cent in January, leading a broader Asian rebound which saw…
After a 17-year partnership, French luxury group Kering is selling its 50 percent share of Stella McCartney back to the namesake designer. The public announcement, originally slated for early January 2018, is imminent, according to a source with first-hand…
Italian luxury house Gucci opened the doors to its renewed Korean flagship store in Cheongdam, Southern Seoul, giving fashionistas a new reason to visit the neighborhood. The three floors of the shop carry the brand’s most popular items, from bags, wallets…
South Korean cosmetics company Nature Republic opens its first outlet in Indonesia. Nature Republic speeds up to expand overseas market. The store is in a Jakarta shopping mall and registered 100 million won (US$94,000) in sales on its pre-opening day, the…
Clothing brands Banana Republic and Gap are about to quit Singapore, FJ Benjamin has announced. Both outlets have announced their impending departure on their respective Facebook pages. FJ Benjamin, which brought both American brands to Singapore, says it…
Guess co-founder Paul Marciano has stepped away from the business for an indefinite period while an investigation takes place into allegations of improper conduct. Marciano denies the allegations which have not been detailed by Guess. However Retail Dive has…
Apparel brand Bossini International Holdings remains optimistic despite a slip in revenue and profit turning to loss for its six months to the end of December. It says growth is projected to continue rising in emerging markets and developing economies,…
Hong Kong’s largest cosmetics retailer Sa Sa International Holdings said Wednesday it will shut all its shops in Taiwan after losing money for six consecutive years. Sa Sa has 20 stores across the island according to its official website, and employs about…
Interparfums and Bolloré Logistics announce the extension of their partnership for a period of three years including 2018, 2019, and 2020. Interparfums is a French company that develops perfumes and cosmetics lines on the basis of global exclusive licensing…
Japanese retailer Uniqlo has entered the Netherlands, with a debut Dutch store launching in Amsterdam. The Fast Retailing flagship brand, after months of speculation, has confirmed it will enter the Dutch market in the autumn of 2018. Located on Amsterdam’s…
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