Luxury houses, streetwear and the Asian designers shaping global style.
Huong, an office worker in Hoang Mai district in Hanoi, said she reserves a budget of VND2-3 million for buying new clothes every month. But she does not want products bearing Vietnamese brands, but preferably orders Zara and Mango products from overseas…
US brand Victoria’s Secret has opened its first flagship store in China as it taps into the growing appetites of mainland women for high-end lingerie. Fronted by an iconic pink glass facade, the four-storey, 2,500 square meter Victoria’s Secret store opened…
Cult Japanese performance sandal brand Suicoke has entered the Canadian market. Its styles are being made available through its first-ever eCommerce website, Suicoke.ca, as well as in luxury Canadian retailers including Gravity Pope, Haven Shop, Holt Renfrew,…
Fashion group Esprit Holdings says it has made a “significant recovery”, turning around its HK$238 million (US$30.6 million) loss to record a net profit of HK$61 million for its first half. While the improvement was driven by retail sales, the group says two…
H&M Vietnam has revealed it will open its first store in Hanoi, not Ho Chi Minh City, the nation’s largest population base. The Swedish-headquartered fast-fashion giant has already commenced recruiting staff. According to the recruitment ads, H&M will open…
Overall revenue fell 11 per cent for apparel retailer Bossini International during the first half of its financial year. However, its interim results to December 31, showed an improvement in gross margin – by four points to 51 per cent, attributed to more…
Global brands like Gap, The Body Shop and Zara are slashing Indian retail prices to stay competitive in the heavily price-sensitive market. UK cosmetic brand The Body Shop slashed prices across categories in India by 20 to 30 per cent last week, and US…
Swiss watchmaker Tag Heuer has launched a flagship store on Tmall. The opening of Tag Heuer on Tmall takes to five the number of LVMH units to have a presence on the Alibaba-owned site. The launch is the latest sign of luxury goods makers, faced with slower…
Sports brand Canterbury New Zealand, established in 1904, has opened its first Thai flagship store in Bangkok. Located in the Phayathai Building, the 70 sqm shop offers 120 products in four major categories: men’s training, women’s training, on-field…
Lotte Duty Free has reported a 26 per cent increase in turnover to W5.9 trillion (US$5.1 billion) for last year. The figures are believed to excludes sales from its overseas airport and downtown outlets (Guam, Indonesia, Tokyo), reports DFNI Online. For 2015,…
Beauty products brand Innisfree is launching in Indonesia with brand curator Time International. Part of Korean global beauty company AmorePacific Group, Innisfree offers products made with natural ingredients from Jeju, a volcanic island off the southern…
The Swedish fashion giant Hennes & Mauritz (H&M) is preparing for its Vietnam debut this year. The Swedish low-cost clothing outlet, H&M, announced it would open a store in Vietnam this year, making it the fourth fast fashion label to enter Vietnam after…
Japanese casual apparel retailer Uniqlo Spain will open its first store in Barcelona this northern autumn. The move takes it into the home market of archrival Inditex, parent of the Zara brand, among others. On the Paseo de Gracia shopping streets, the store…
Clothing retailer FJ Benjamin has deepened its losses after discontinuing some brands and businesses during its second quarter. Its net loss virtually doubled from S$3.7 million (US$2.6 million) in the same quarter a year ago to S$7.3 million. The group says…
DKNY India may quit the market after failing to generate sustainable profits. While mall executives and DKNY store managers have confirmed the exit, India franchisee DLF Brands has denied the US fashion brand is completely leaving the country, says the…
Valentino Hong Kong has unveiled its new flagship store in the heart of Causeway Bay. Spanning 382 sqm at Lee Garden One, the Italian fashion brand’s two-storey boutique was designed by British architect David Chipperfield. Steering away from a pure showroom…
Weekly Briefing
Tuesday, Thursday and a Saturday Weekly Wrap: the retail stories, numbers and moves that mattered across Asia. Nothing else, and you can unsubscribe in one click.
Read by retail operators, investors and brand teams across Asia.