Luxury houses, streetwear and the Asian designers shaping global style.
Zara parent Inditex Group’s growth in sales and profit increased in the first half of this year as the Spanish company reaped the benefits of opening a new store nearly every day. First-half revenue rose by 11.5 per cent to €11.7 billion (US$13.8 billion) for…
Three thieves fled on a motorbike with HK$24 million (US$3 million) worth of jewellery after smashing Chow Sang Sang Jewellery’s store window with hammers in one of Hong Kong’s busiest shopping districts about 10am yesterday. Police have mounted a citywide…
H&M Singapore is offering an exclusive collection in collaboration with actress/singer Narelle Kheng. The Swedish fast-fashion brand is known for partnering with celebrities, also tying up with Naomi Campbell for its Fall 2017 campaign. The collection is all…
Is Arnie, the most famous Ray ban wearer of all? Possibly, although celebrities from Justin Bieber, Kate Moss, Tom Cruise to the late James Dean in his 1955 wayfarers, or Audrey Hepburn in 1961’s breakfast at Tiffany’, or Peter Fonda, the original easy rider…
Chinese apparel manufacturer Fujian Septwolves Industry and conglomerate Fosun International are among bidders for the €600 million (US$717 million) Swiss luxury leather goods company Bally International. Non-binding offers coming in this week also included…
Dolce & Gabbana profits have virtually quadrupled from a year ago. A year ago the Italian luxury fashion house’s profit was €17.93 million (US$21.5 million), while this year the two owners of the group cashed in dividends of €80 million, reports…
Cosmetics brand Laneige, run by Amorepacific, will be available at the multi-shop brand Sephora in North America starting on Saturday 23 September, according to Amorepacific. Laneige products will be distributed through 144 Sephora stores across the US along…
The UK e-commerce market is forecast to rise 35 per cent over the next five years reaching £68.8 billion by 2022, according to business information and analytics firm, GlobalData. The company’s latest report found that although clothing & footwear will be the…
Cosmetics retailer, Mecca Maxima, has opened its largest store at ISPT-owned Wintergarden in Brisbane last Friday. The 553sqm next generation Mecca Maxima store will be home to more than 60 of the world’s leading cosmetics and skincare brands including…
Danish plus-size brand Carmakoma has been amalgamated into the Only fashion brand, paving the way for further international expansion. Carmakoma was founded nine years ago and had recently expanded into other European countries, says co-founder and former…
British sportswear retailer JD Sports Fashion has formed a joint venture to enter the South Korean market. It is partnering with footwear retailer Shoemarker and its J&S Partners unit, which trades as Hot-T . It has bought an initial 15 per cent of Hot-T fo r…
‘The rapid shift from offline to online in the young value fashion market has been one factor behind disappointing sales trends in the past couple of years.’ Budget fashion group H&M has slashed prices to shift unsold summerwear, in the latest sign the…
British accessories designer Sophia Webster has collaborated with German sportswear giant Puma on a line of shoes and apparel. It is also the first time the designer, known for her shoes, has her name on a womenswear line. Her sports apparel has new…
Luxury retailer Hermes’ operating margin rose to 34.3 per cent of sales in the first half of this year – a new company record. And operating income from recurring activities rose 13 per cent, with Asia (excluding Japan) driving most of the growth. Hermes has…
Luk Fook US has opened its second retail shop in San Francisco with a ribbon-cutting ceremony. Officiating guests included California State Senator Scott Wiener, Chinese Consolidated Benevolent Association president William Yu, Miss Asia California Katie Lam,…
Japanese watch brand, Seiko, has opened its first Melbourne boutique on Little Collins Street earlier this week. The boutique houses Seiko’s prestigious collections, Grand Seiko, Astron and Credor and will also display several watches never before offered in…
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Read by retail operators, investors and brand teams across Asia.