Luxury houses, streetwear and the Asian designers shaping global style.
The Commerce Commission has granted clearance for Essilor International (Compagnie Générale d’Optique) S.A. and Luxottica Group S.p.A to merge their business activities in New Zealand. The proposed global merger brings together a supplier of prescription…
A party previously involved with Surfstitch has submitted a draft bid to restructure the company, which would see it re-list on the ASX, pending support from a creditor vote in coming months. Administrators FTI Consulting, appointed last week, notified…
Donna Karan parent G-III Apparel Group has reported a 21.6 per cent increase in quarterly sales to US$538 million. Of that, about $45 million of sales were of the DKNY and Donna Karan brands, acquired last year from LVMH. Its other licensed labels include…
Swiss watch brand Hublot has opened a boutique in Kyoto on 26 August 2017, taking up residence in the former space occupied by Hermès. Located in an old machiya-style townhouse in Kyoto’s famous Gion district, the shop features custom Japanese ‘washi’ paper…
Jimmy Choo Japan delivered the strongest performance internationally for the luxury shoe brand’s first half. While there was strong growth across Asia, Japan shone with an 11 per cent rise in revenue on a constant currency basis. Growth was underpinned by the…
Pandora Australia and New Zealand managing director Mikael Kruse Jensen has just signed the dotted line on a five-storey flagship store in Melbourne’s Bourke Street Mall, in a deal that’s understood to be worth almost $1 million in annual rent. It’s a big…
Sports Central’s new Adidas HomeCourt Concept Store on the ground floor of the SM Megamall in Ortigas, Metro Manila, brings together innovation in both design and retail. Covering 279sqm, the store is designed as a retail space offering a sporting arena…
Thomas Sabo Hong Kong has opened a flagship store at Hong Kong Ocean Terminal, with the German jewellery brand’s founder/designer Thomas Sabo officiating at the ribbon-cutting ceremony. He was helped by guest of honour Korean pop star CL, and also in…
Originally launched in Paris last year, Armani Beauty’s red Armani Box pop-up store has arrived in Hong Kong. The brand’s latest product, My Armani to Go cushion foundation, was launched at the cocktail party to celebrate the opening of the store. Guests were…
Pop star Rihanna has uploaded visuals from the advertising campaign for her new cosmetics line Fenty Beauty by Rihanna on Instagram. The Barbados-born entertainer has 56.2 million followers on the social-media site. Little information has been released yet…
Korean fashion retailer Aland, known by millennials in its homeland for its styles influenced by K-pop, has opened a store in Bangkok. It has a network of shops across Seoul and also in Hong Kong. Like these, its new Siam Center outpost offers young and…
A Jim Thompson flagship store will open in Bangkok’s Siam Paragon tomorrow as a preliminary step in a five-year global expansion plan. Similar flagship stores have been announced for Hong Kong and Singapore, and other major international retail destinations.…
Hublot Japan has opened a shop in Kyoto’s Gion district, its third directly run outlet. The Swiss luxury watchmaker has a store in Tokyo’s Ginza district and another in Osaka. The latest location is in Kyoto’s second Daimaru department store, which has just…
Old Navy Vietnam has opened its first store in Hanoi, three months after its debut in the country. The 655sqm store is located in Vincom Nguyen Chi Thanh and offers collections for men, women, kids and babies. Melissa Fehlman, GM of Old Navy Vietnam, said the…
Nike India is planning to further trim back its business activities to stem losses. A year ago the US sportswear major had already closed about 35 per cent of its stores, leaving it with about 200 outlets. While the sportswear market is expected to touch US$8…
While revenue rose 47.6 per cent for the quarter ended June 30 for China Sports International, its footwear subsidiary Yeli China is facing difficulties. The Singapore-listed company has changed its financial year end from December 31 to June 30, meaning its…
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