Korean fashion retailer The Twee will open its first Southeast Asia flagship store at the new KL Gateway Mall in Kuala Lumpur. Set to open on January 12, the mall is part of the KL Gateway mixed development by Suez Capital in Bangsar South, Jalan Kerinchi.…
South Korea’s Hyundai Department Store is buying trading company SK Networks’ fashion business for KRW326.1 billion (US$284 million). When the purchase is complete, probably by February, SK Networks (SKN) will no longer have interests in the fashion industry.…
Dover Street Market Singapore will debut at Tanglin Village early next year, marking the fashion brand’s fourth global site. To be known as DSM Singapore, the hip Japanese concept will sell a curated range of labels. Founded by 74-year-old Japanese fashion…
Singapore-headquartered footwear brand Charles & Keith says it will close all its Japanese locations. According to a report published by Fashion Network, Charles & Keith Japan has already closed 13 stores in Tokyo, Osaka, Nagoya, and Hakata, with the flagship…
Tag Heuer sales have soared as the LVMH-owned luxury watch brand defies the downturn in the Swiss watch industry. And now the company is eying a greater presence in China, undeterred by the routing of the luxury retail market in Hong Kong. It has opened 60…
Following a four-year legal battle over a trademark dispute, US basketballer Michael Jordan now owns his Chinese name. China’s highest court has decided in his favour against Chinese sportswear maker Qiaodan Sports. Its name, pronounced “Cheeow-dan”, is a…
A 32-year-old executive is driving the growth of electronic commerce in the Philippines, encouraging millennials to shop for fashion items through their smartphones. Paulo Campos III, the Princeton University-educated co-founder and managing director of…
Kering CEO Francois-Henri Pinault came to Korea, Wednesday, to meet owners and CEOs of retail giants here, according to industry sources. Kering, which changed its name from PPR in 2013, is the French luxury goods holding company owner of more than 20 luxury…
More than 100 textile industry stakeholders, among them apparel brands, NGOs, trade union representatives and suppliers, recently attended H&M’s Fair and Equal conference in Yangon, Myanmar. Key note speeches from the ILO’s development partner relations…
Fast-fashion retailer Forever 21 Philippines has opened its 13th location, at SM City Bacolod. Based in California, the brand first opened in the Philippines in 2010. As well as fashionwear, it usually offers shoes, bags and accessories. However, its new 800…
Mulberry Asia, a new joint venture between the British fashion brand and Challice Limited, has announced plans to open four stores in Hong Kong, China and Taiwan and a Chinese language eCommerce site. The move was announced along with the company’s half year…
Luxury-brand sales are reviving in mainland China, with Macau paying the price. As China’s currency depreciates, the narrowing price gap is keeping mainland luxury shoppers at home, further contributing to Macau’s retail slump, reports the Macau Business…
Following other international fashion labels, Ralph Lauren Hong Kong has closed its flagship store. Four years ago, its then CEO Ralph Lauren said the company was transforming its presence in China, “a region we believe will become an important driver of…
Just opened, Gucci Roppongi in Tokyo is the first-ever Japanese flagship store designed by Alessandro Michele, the Italian fashion brand’s creative director. Covering 228 sqm, the store is in Westwalk Roppongi, Minato-ku. It features both women’s and men’s…
“We are in the midst of transforming our presence in China, a region that we believe will become an important driver of growth for us over the long term,” Ralph Lauren said in 2012 after the fashion conglomerate of which he was then chief executive announced…
Marie France Van Damme, the Hong Kong-based company known for its globally influenced line of luxury resort, swim, and ready-to-wear, announced today the opening of a seventh boutique in December 2016. Located in Hong Kong’s Elements shopping mall in Kowloon,…
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