Berluti Asia will open in India before year’s end, to be followed by a third store in Macau next year. It has stores in Macau Galaxy (pictured) and Macau One Central, with the third location yet to be revealed. In India, it is being introduced through an…
A stagnant luxury market has made it a tough half-year for fashion retailer Joyce Boutique Holdings, its interim results showing an HK$28.1 million (US$3.5 million) net loss. This follows a HK$16.6 loss for the same period last year. The group says its…
Italian luxury brand Moncler has readied a special Hong Kong-based art-performance piece, entitled ‘Moncler | Destination Hong Kong.’ The event is to celebrate the relocation of its local flagship store, the label is debuting a city activation centered around…
At headline level, the latest Gap Inc results are not too bad. Overall revenue rose by 1.1 per cent, a respectable increase that is some way above that posted over the last two quarters. Net income also increased by 12.3 per cent compared to the previous…
Korea domestic fashion market is expected to reach 44.32 trillion won, up 3 percent in 2018. Korea Federation of Textile Industries predicted that the fashion market will recover in the next year as the Consumer Confidence Index is improving in the second…
Baselworld, the world’s leading show for watches and jewellery, will halve its exhibitor numbers and shorten the show’s duration by two days in 2018. The exhibitor numbers in 2018 are expected to be around 600-700, compared to around 1,300 this year. The…
Owndays Philippines has opened its largest optical shop yet, at SM Megamall in Manila. With 1500 frames to choose from, the Japanese eyewear retailer can provide prescription glasses in 20 minutes. Its 280sqm flagship has a children’s department featuring the…
Reality TV star and businesswoman Kim Kardashian has announced she will launch a gardenia-inspired fragrance collection under her KKW Beauty firm. The social media savant-turned-entrepreneur will release three eau de parfums via Kardashian’s online beauty…
French sports equipment retailer Decathlon Indonesia has opened its first store, along Alam Sutera Boulevard in Tangerang City. Offering 2000sqm of retail space and 500sqm of community playground, it is the nation’s largest sports store. Before setting up the…
Asia Pacific, particularly China, was best dressed for Italian luxury brand Salvatore Ferragamo as it foundered overall in negative territory for the nine months to the end of September. Asia Pacific was its top market, with revenues growing by 2.8 per cent…
Despite a slight revenue dip, Global Brands Group Holding has almost doubled its first-half operating profit. Its total margin continued its upward trajectory, increasing from 28.3 to 30.5 per cent, primarily because of sourcing optimisation. As a result of…
Luxury puffer jacket maker Moncler announced on Monday it has ditched its two high-end secondary brand names, Moncler Gamme Bleu and Gamme Rouge, as well as saying goodbye to the their respective creative directors. “The group must vary and open up towards…
In 2013, L’Oréal Group, one of the world’s top cosmetics makers, launched an advanced skin care system for cleaning and firming for Korean women, who are known for their intensive skin care routines. Since then, global electronics makers, including Philips,…
Online make-up brand MMUK MAN has decided to make its first foray into brick and mortar retail by opening of the UK’s first make-up store for men, according to GlobalData. The brand has been one of the first ones to enter the nascent male make-up realm and…
AW Lab Singapore has opened a store in Suntec City, the first brick-and-mortar outlet in Asia Pacific for the Italian sports apparel retailer. Covering 2630sqft (240sqm), the store has a futuristic concept that invites young people to “play with style”.…
Supermodel Gigi Hadid has partnered with Stuart Weitzman on two exclusive footwear styles for launch this fall. Hadid, face of the F/17 ad campaign has created the Eyelove and Eyelovemore ranges, pointed-toe mules which represent the first project for Stuart…
Weekly Briefing
Asia's retail intelligence, in your inbox
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.
Top industry moves and market shifts
Weekly data-driven analysis from across Asia
Tuesday, Thursday and the Saturday Weekly Wrap
Read by retail operators, investors and brand teams across Asia.