Luxury houses, streetwear and the Asian designers shaping global style.
With slumping sales since a design shake-up two years ago, Lanvin fashion house is expecting a cash injection before the end of the year. France’s oldest fashion house says this is coming from Taiwan businesswoman Shaw-Lanh Wang, who is the majority…
Louis Vuitton Korea has fallen behind its rivals, with sales dipping into minus territory this year, industry data shows. Sales at a leading department store for the international fashion house for the January-October period backtracked 5.3 per cent. Demand…
Rolex has relaunched its boutique at Pavilion Kuala Lampur, with a new, elegant shop design and layout to lure the lucrative Malaysian market. Launched by Swiss Watch Gallery, which officially operates the luxury watch brand, the 158 square-metre-space has…
Sales momentum in Mainland China helped boost growth for French luxury retailer Hermes in its third quarter. Overall sales grew 11 per cent at constant exchange rates, and at the end of September revenues were up 10 per cent to €4 billion (US$4.6 billion).…
Converse’s Thai distributor looks to expand its presence in Thailand and globally with funds raised via the Bangkok firm’s stock exchange launch in the Asian nation in 2017. Rich Sport, Thailand’s sole distributor of Converse shoes and apparel, has submitted…
French luxury brand Hermès launched its very first WeChat pop-up store, a strategic move signaling the brand’s ambition to step up its digital innovation in China. But it also raises the question of just how aggressive it can be in the digital space. The…
The Kooples, a popular accessible-luxury fashion brand from Paris for men and women, to launch in Hong Kong, Macau and Mainland China, with exclusive partnership with Swire Resources. Founded by brothers Alexandre, Laurent and Raphaël Elicha in 2008, The…
Lotte Duty Free submitted a report to the Fair Trade Commission regarding its rent feud with Incheon International Airport, according to the leading duty-free operator. Korea’s largest duty-free operator and airport have gone through four unsuccessful…
Charlotte Tilbury, the world’s number one makeup artist, has announced her next momentous step to take her record breaking, award winning and best-selling makeup, skincare and scent collections to Asia. Hot on the heels of opening her first store outside of…
Fast Retailing, operator of casual clothing chain Uniqlo, will introduce IC tags at all its outlets worldwide within a year, President and Chairman Tadashi Yanai said. The retailer will be Japan’s first to use the tags on a global basis. IC tags will save…
Leading French luxury beauty brand LANCÔME Travel Retail Asia Pacific is delighted to announce the launch of a global campaign, ‘Declaring Happiness’, which will be celebrated through a series of brand events across Asia. In line with the global direction to…
Third-quarter sales for apparel retailer Giordano International have been edging ahead in most markets, an exception being South Korea, a 48.5 per cent JV with an independent management team. While e-commerce sales jumped by 17.6 per cent in Mainland China,…
Department store chain Macy’s has posted disappointing third quarter earnings, but tighter inventory controls has helped boost profit margins for the retailer. Macy’s posted a drop in sales of 6.1 per cent from $5.6 billion to $5.3 billion. Comparable store…
Trumpeting solid growth in China sales in the first half year, Burberry has revealed plans to head more upmarket and cull its store network. Burberry marketing, retailing and communication will be refocused to meet the changing demands of today’s luxury…
Fenix Outdoor Group, a subsidiary of Switzerland-based outdoor goods specialist Fenix Outdoor International AG, has selected Manhattan Associates, Inc. to underpin its international, omnichannel growth strategy. Fenix Outdoor Group will standardise its order…
The leather goods company formerly known as Coach Inc., Tapestry, has reported earnings for the first time since the name change. Tapestry, which is in the midst of a major rebranding, posted a 24.2 per cent increase in revenue to $1.29 billion and a net loss…
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Read by retail operators, investors and brand teams across Asia.