Luxury houses, streetwear and the Asian designers shaping global style.
In an effort to become more digitalized, Chanel has tapped e-commerce firm Farfetch, consolidating the partnership with a minority stake purchase in the UK retailer. The French couture house looks to develop digital communication such as chats to connect…
UNIQLO yesterday announced a new collaboration with the tomas maier brand, famed worldwide for its casual yet designed lifestyle concept. The new tomas maierand uniqlo collectionis for women and men, and it will be available in early summer at selected…
Christopher Bailey has marked the end of his tenure at Burberry with a final, rainbow-themed collection unveiled at London Fashion Week over the weekend. Bailey first joined Burberry in 2001 and has since been a driving force behind the brand’s revitalisation…
Aidijuma Colors Group of Companies — which owns the popular Malaysian ‘Bawal’ hijab range under the Aidijuma label — together with its modest wear e-commerce site Hijup have acquired a majority stake in UK-based modest fashion and e-commerce company Haute…
A court in Florence has declared the Italian fashion brand Braccialini bankrupt after rejecting a request for an arrangement with creditors. The request was filed by the fashion house in June 2016 but the tribunal on Wednesday ruled that in Braccialini’s case…
Fashion house Fendi opened a flagship store in Singapore, marking the Italian firm’s fourth boutique in the city. Located in ION Orchard mall, the new store is Fendi’s most impressive to date in Singapore. Boasting a brightly-lit façade, the interior design…
JHP have been appointed by French developer Apsys to create a radical new store concept. ‘The Collection by Muse’, located in the newly opened Muse shopping centre in Metz, France, is the ultimate incubator store. Its flexible design and centralized POS…
Under Armour Asia sales soared 61 per cent in the 12 months to December – a highlight in the US-headquartered sportswear retailer’s year in which it lost US$48 million. Global revenue was up a mere 3 per cent to $5 billion with the company losing ground in…
Centara Hotels & Resorts, Thailand’s leading hotel operator, yesterday signed an agreement with TreePay Co., Ltd., a specialised payment facilitator, to develop a system to allow Chinese customers to use their mobile phones to pay for accommodations and…
In a “phenomenal” result, global luxury group Kering had record operating revenue last year, driven in large part by the popularity of Gucci. Kering’s income totalled €15.4 billion (US$19 billion), up 25 per cent as reported or 27.2 per cent on a comparable…
Australian skincare brand G&M Cosmetics has expanded into Vietnam, with a presence in Aeon supermarkets and at Ho Chi Minh City’s airport. This follows the company exporting to Asian markets such as China, Hong Kong, Taiwan, Thailand and Singapore in the past…
Canada’s Lululemon Atletica has ousted its current chief executive office, Laurent Potdevin, citing code of conduct reasons for his swift departure. The yoga gear brand said that Potdevin resigned, with a $5 million exit package, after the CEO “fell short” of…
Fosun International has purchased Paris fashion brand Lanvin for more than 100 million euros, two sources close to the matter have revealed to the French fashion press. Sources revealed to FashionNetwork.com late Friday that the Chinese group would acquire…
Shiseido just released its results for the Fiscal Year Ended 31 December 2017. Shiseido achieved Global Net Sales of ¥1,005,062 (compared to ¥850,306 in 2016) and a Global Operating Income of ¥80,437 (compared to ¥36,780 in 2016). In the Asia Pacific…
Danish jewellery manufacturer and retailer Pandora reports a strong year despite market challenges. Group Pandora sales increased by 12 per cent (15 per cent in local currency) last year to DKK22.7 billion (US$3.7 billion). Revenue from Pandora-owned retail…
Gap Malaysia has announced on its Facebook page that it is about to close its store and GapKids in the Gardens Mall, Kuala Lumpur. The American clothing retailer first announced it would be shutting down its Queensbay Mall, Penang and Pavilion KL stores in…
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Read by retail operators, investors and brand teams across Asia.