Luxury houses, streetwear and the Asian designers shaping global style.
Italian fashion label Salvatore Ferragamo has taken over four JVs created in partnership with Trinity (Fung Group), which distributes the brand in South Korea and Southeast Asia. Ferragamo says it has bought the companies’ 20 per cent share, still owned by…
Hong Kong luxury brand Luk Fook Jewellery has arrived in Malaysia, opening two stores – at Pavilion Elite and Suria KLCC. The group hosted a grand ribbon-cutting ceremony at its Pavilion Elite outlet, attended by actress Kristal Tin, Pavilion Kuala Lumpur…
Luxury travel retailer DFS Group has been awarded the master duty-free and general merchandise concession at Singapore Cruise Centre (SCC). Winning the public tender process announced in June, DFS has a five-year contract covering SCC’s HarbourFront and Tanah…
Quirky US skincare brand Burt’s Bees is set to open stores across Asia after testing new concept formats in Hong Kong. The first stores are now trading at Queensway Plaza and Ocean Terminal. Despite its relative youth, Burt’s Bees is something of an…
Luxury brand group LVMH is thinking about taking its eyewear business in-house. This could be a further blow for Italian eyewear group Safilo, which lost the Armani licence in 2013 and those for the Kering Group labels (Alexander McQueen, Bottega Veneta,…
Warmer than expected Christmas weather appears to be providing little comfort for Hong Kong’s retail sector this year. Business has been cold at many outlets despite a projected rebound in mainland visitor arrivals. Otherwise, what can explain a gold shop…
Suripong Tantiyanon (left), Visa Country Manager, Thailand and Noppadon Pakprot (right), Deputy Governor for Tourism Product and Business, Tourism Authority of Thailand (TAT), launch Thailand Spectacular Year End 2016, aiming to boost inbound tourist spending…
Thailand is clamping down on counterfeit branded goods with plans for a campaign to target tourists. The Thai Commerce Ministry is seeking the support of foreign embassies as it launches its “Stop Fake Goods” campaign, aimed at travellers. Meantime, the…
Sports brand Nike Singapore will stop supplying smaller retailers from next month. This is a huge blow for mom-and-pop stores in Peninsula Plaza and Queensway Shopping Centre, which rely on top-selling brands to attract customers, as reported. “Its move would…
South Korean cosmetics startup Memebox has raised US$60 million in a Series C extension round led by existing and new investors. Investors include Altos Ventures, Cota Capital, Cowboy Ventures, Formation Group, Funders Club, Goodwater Capital, Janet Gurwitch,…
Nestle Japan has extended its offering from coffee to music as part of a promotional event for its Nescafe Gold Blend Barista instant coffee. It has launched a wooden musical instrument, the “Pythagorean”, which plays Christmas melodies. It is the only Rube…
One year after a “garage” pop-up store in Paragon Singapore, British men’s luxury brand Alfred Dunhill has opened its first-ever concept store. Its fourth outlet in Singapore brings to life the brand’s heritage of motoring, saddlery and gentlemanly inventions…
Hong Kong Customs has arrested 10 people and seized HK$10 million (US$1.2 million) worth of fake products, smashing a counterfeit syndicate at the Ladies Market. It was the largest syndicate caught in three raids by the Customs and Excise Department this year…
Luxury cashmere brand Sandriver has officially entered the US market, building on its base of 11 stores in Asia and a worldwide eCommerce presence. Sandriver cashmere has been active in the international fashion scene since 2007, sourcing directly from the…
A deal struck with local retailer ShangPin will see five stores open in the country, with a further 75 in the pipeline if the venture is a success. Topshop opened its first store in Hong Kong in 2013 and Green has been eying further expansion for a number of…
Apparel was stand-out category in a mixed month of fortunes for US retailers in November. According to official government data, US retail sales rose by just 0.1 per cent month-on-month, or 3.8 per cent year-on-year, including motor vehicles and petrol.…
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