Luxury houses, streetwear and the Asian designers shaping global style.
In its 40th anniversary year, footwear group Le Saunda Holdings has little to celebrate with falls in sales and profits for its first half. In releasing its unaudited results for the six months to the end of August, the company says it has been hit by…
Accessories retailer Lovisa has provided a trading update heading into the Christmas trading period, telling the market on Tuesday morning that same store sales are slightly above its long-term target between 3 – 5 per cent like for like growth. The retailer…
US denim brand True Religion has emerged from Chapter 11 bankruptcy protection after just four months, with key stakeholders agreeing to a reorganisation plan ratified by the Delaware Bankruptcy Court. True Religion is now free to trade with a substantially…
Jewellery retailer Cartier has teamed with Kering Eyewear for its latest eyewear collection. Presented at the Silmo International Optics and Eyewear Exhibition in Paris, it marks the official start of the companies’ licensing agreement. Described as…
L’Oreal, the world’s biggest cosmetics company wants to see more beauty tech like sensory hair brushes that tell you how to care for your hair, and skin patches that let you know how much sun you are getting. So, it plans to launch a program of start-up…
Tadashi Yanai, the founder and president of Uniqlo parent Fast Retailing, has indicated he plans to retire. He is seeking a successor in the next two years. Under Yanai’s supervision, the original Uniqlo in western Japan was transformed from a small shop into…
An increasingly wealthy population has global designer brands looking to stitch up the market. Nguyen Minh Ngoc jostles for space in a Mango store as she rummages through a dizzying array of marked-down clothes in search of a perfect blue sweater for the…
A strong performance in Asia has helped boost UK footwear brand Dr Martens revenues by 25 per cent. Sales in Asia for its latest fiscal year grew by 43 per cent, to contribute £66.4 million (US$88 million) to its total revenues of £290.6 million. During the…
Lifestyle brand Aerin Beauty has arrived in Singapore, introducing its fragrance collection at The Shoppes at Marina Bay Sands. Founded by Aerin Lauder, a granddaughter of Estee Lauder, the brand also has beauty and home decor products, which may be…
Paul & Shark sportswear has taken more than year to reach the city after landing at Hong Kong International Airport with a boutique store. Its new a flagship at Elements mall in Tsim Sha Tsui covers 140sqm and features a minimalistic design in white with the…
The Singapore eyewear market is expected to reach US$400 million in value in the near future, says a new study. The Ken Research report notes amplified demand for premium eyewear brands as consumer awareness grows, with an emphasis on individualisation. “The…
The Miu Miu Lady pop-up exhibition is in the midst of its Hong Kong stop, part of a global tour. At the centre of the Miu Miu pop-up are two giant handbags decorated with the jewel buckle for which the Prada-owned brand is renowned. The Hong Kong pop-up is…
International markets, including Asia, helped produce double-digit growth for Moncler outdoor apparel brand in its first nine months. Its interim figures show revenues of €622.9 million (US$724.9 million) for its international markets, up 18 per cent (or 19…
Sportswear giant Nike has a message for its thousands of retail partners around the world: shape up or ship out. Speaking at an investor day in the US yesterday, Nike brand president Trevor Edwards outlined a step-change for the iconic business in the way it…
Singapore has been a major contributor to a continuing upswing in Swiss watch exports, reports the Federation of the Swiss Watch Industry. The value of watches sent to Singapore rose by 89.6 per cent last month, says the federation, mainly because of interest…
China led first-half international sales for French beauty products group L’Occitane International with 22.7 per cent growth in local currency and 15.8 per cent in same-store sales. This continued China’s sales momentum in the first quarter, and the company…
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