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31 Jan 2018
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ninewest
Maria SantosFashion

Nine West Close to Filing for Bankruptcy

A Nine West bankruptcy filing appears likely, according to reports from the US overnight. Retail Dive has reported that the embattled shoe retailer has found a buyer for some of its assets and plans to work to restructure its debt as soon as a sale is…

ASOS1
Rajiv MenonFashion

Asos posts massive growth across globe

Online fashion retailer Asos has reported a 30 per cent rise in retail sales during the last four months of 2017. Across its international marketplaces including Australia, the retailer said sales were up 35 per cent to 489.5 million pounds. The UK-based…

drGL
Aiko TanakaFashion

Singapore’s A DrBrand to expand overseas

Singapore skincare and haircare company A DrBrand is about to expand overseas. Distributors have already be signed for its DrGL and DrHair lines in China, France, Germany, Hong Kong, London and the US, progressively from the second quarter this year. A number…

LVMH
Sarah ChenFashion

LVMH hits up record revenue in 2017

It has been another record year for luxury products group LVMH Moet Hennessy Louis Vuitton. Revenue increased by 13 per cent year on year to reach €42.6 billion (US$52.9 billion), while organic revenue growth was 12 per cent. All business groups recorded…

Phatthanakan uniqlo
Minjun ParkFashion

UNIQLO Thailand to Open First Roadside-Type Store in March

UNIQLO announced it will introduce a new type of store – its popular roadside store model – to Southeast Asia, with the first store of the region to be launched in the bustling east Bangkok at Phatthanakan Road on Friday, March 23 this year. UNIQLO…

forever21xhonda
Minjun ParkFashion

Honda, Forever 21 to Collaborate on Vintage Collection

Forever 21 has launched a collection featuring classic Honda racing motifs. The brainchild of Honda’s brand management agency Earthbound, the F21xHonda racing capsule collection consists of iconic Honda designs from the early 1980s and action sportswear of…

IT china
Aiko TanakaFashion

I.T group positive sales despite store closures

Improved consumer sentiment across Greater China and strong sales growth in Hong Kong helped boost third-quarter business for Hong Kong multi-brand fashion group I.T Limited. With fewer discounts offered, the group also enhanced its gross margin for the three…

Innisfree Snoopy Hand Cream
Aiko TanakaFashion

Innisfree Launches Snoopy-Inspired K-Beauty Makeup Collection

Korean eco-cosmetics brand Innisfree has partnered with Snoopy to release a limited-edition collection for the Year Of The Dog. Called Innisfree x Snoopy, the collection includes five-pastel-shade nail polish, creamy tint, cushion and palette cases, with…

1x 11
Wei ZhangFashion

Likely loss in first half, Esprit Holdings to be alert

Fashion group Esprit Holdings has issued a warning it expects a net loss for its first half, to the end of December. Based on a preliminary review of its unaudited consolidated management accounts, the net loss is expected to be in the range of about HK$950…

ps image bucket.s3.amazonaws.comtrbusiness.comwp contentuploads201603DFS WS flagship store T3 80773a9613ab070b47e9810b91f1c2c3ce782754
Minjun ParkFashion

DFS Group Announces Exclusive New Bvlgari Collection

DFS Group, the world’s leading luxury travel retailer and the magnificent Italian High Jeweler, BVLGARI, are delighted to introduce the new Serpenti Passion Red collection, available exclusively at DFS airport stores and T Gallerias from January 1, 2018. This…

Prada Prada Spirit Galaxy Macau 01
Wei ZhangFashion

Prada’s new concept Spirit pop-up Bar in Macau Galaxy Mall

Just in time for the Lunar New Year, Galaxy Macau and Italian fashion house Prada have introduced the Prada Spirit retail project, running until the end of next month. Following the success of the Prada Station pop-up with it railway theme, the project offers…

TierZero PaulGeorge PS4 2018 3 retouched original
Sarah ChenFashion

Nike, Sony and NBA collaborate for PlayStation sneakers

Nike and Sony Playstation are set to introduce a signature shoe with NBA superstar Paul George. Both Nike and Sony have released a teaser video showcasing the sneakers, expected to be released in limited quantities on February 10. Capturing the spirit of…

michael hill
Rajiv MenonFashion

Michael Hill to step out from US market

New Zealand jeweller Michael Hill is to close down its US operations following a strategic review. The complete exit of its loss-making retail operations in the US comes after continued poor performance saw same-store sales drop a further 10 per cent in the…

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