Luxury houses, streetwear and the Asian designers shaping global style.
Spanish fashion brand El Ganso is to expand into the Middle East, opening its first store in Kuwait. The store – to be located in The Avenues shopping centre, will be operated in partnership with retail franchise business MH Alshaya. El Ganso was founded in…
Chanel International, the Dutch holding company that has the French luxury brand under its wing, had a 9 per cent year-on-year loss with turnover of US$5.67 billion last year, according to a leaked document. Chanel International does not publicly disclose its…
A dire set of Foot Locker results have blown the company firmly off track and mean that the outcome for this fiscal year is going to be poor. Foot Locker was already down on its forecast thanks to a slow first quarter, but the latest comparable sales dip of 6…
H&M-owned Cos is opening its third Melbourne store in the inner suburb of Armadale this spring. Spanning 248sqm, the single-level store will hold the brand’s SS17 collection and feature an internal courtyard and skylight space. The fashion brand said it will…
Michael Hill CEO Phil Taylor has booked a 66.8 per cent increase in net profit after tax (NPAT) to 32.6 million for the year ended 30 June, amid a repositioning of its Emma & Roe brand and the introduction of proprietary lines to Michael Hill. The company…
In a challenging market, intimate-wear enterprise Cosmo Lady (China) Holdings had a 6 per cent dip in revenue to about RMB2.07 billion (US$310.9 million) for its first half. Announcing its interim results, the company says the decline was mainly because of…
Nixon on Monday welcomed its new CEO Scott Kerslake, whose appointment was effective on August 21, 2017. At Nixon, Kerslake will play a key role in the watch and accessories brand’s new focus on digital. The brand announced in June that it cut 13 jobs and…
Hong Kong-based designer Marie France Van Damme will open her eighth boutique, in Bangkok’s Ratchaprasong district, this month. It will be in the new lifestyle shopping and entertainment complex Gaysorn Village, and is the designer’s second retail outlet in…
Saint Laurent has opened its first Australian store in Melbourne. Located in the Chadstone shopping centre – the luxury mall already home to the likes of Balenciaga, Chanel and Fendi – the new Saint Laurent boutique sells both men’s and women’s collections…
Second-quarter net sales fell by 8 per cent year on year to US$2.7 billion for Victoria’s Secret owner L Brands. The company says there was a negative impact of about six points with the exit from the swimwear and apparel categories, which particularly hit…
Momentum in China helped boost fourth-quarter performance for beauty products giant Estée Lauder. Overall net sales for the three months to the end of June were up 9 per cent year on year (11 per cent in constant currency) to US$2.89 billion for the group,…
Crocs, the US footwear brand, as promised has started its retail expansion drive in India and opened a store at MGF Metropolitan Mall in the city of Jaipur. The store features a full line-up of the brand’s flats, loafers, sneakers, flip flops and its…
US wholesaler Costco is facing a $19.4m bill for damages after jewellery chain Tiffany sued it for infringing its trademark by selling “Tiffany” engagement rings. The ruling by a US district judge is the latest twist in a long-running legal battle going back…
While half-year revenue was down, profit rose for Kappa brand licensee China Dongxiang Group. The international sportswear company’s revenue for the six months to the end of June fell 3.7 per cent to RMB626 million (US$93.8 million) while profit attributable…
Fashion accessories retailer, Colette by Colette Hayman, has opened its first store at Australia Fair on the Gold Coast. The retailer joins other new tenants at the retail and lifestyle precinct, which is currently undergoing a $25 million redevelopment.…
Hanwha Galleria Duty Free Shop opened German luxury watch Nomos store on Aug 17. Hanwha Galleria Duty Free Shop was the first Korean Duty Free business to launch luxury brands such as Golden Goose, Stefano Ricci, LAUNER LONDON and Corneliani, and succeeded in…
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