Luxury houses, streetwear and the Asian designers shaping global style.
To cut losses, US sportswear maker Nike India has closed about 35 per cent of its stores. This has left it with about 200 stores, say observers. Nike’s accumulated losses were around US$81 million, according to data filed with the Registrar of Companies. Its…
British menswear brand Ben Sherman has opened for the first time in Shanghai – at two locations. The Ben Sherman China stores are in the Hopson Mall and Sogo department store. “These distinct retail destinations are prime for Ben Sherman, with an influential…
French fashion brand Lacoste China has opened a duty-free corner in downtown Shanghai’s Yueda Plaza 889, run by CNSC. China National Service Corporation for Chinese Personnel Working Abroad is a state-owned enterprise of international trade and economic…
Luxury travel retailer DFS Group has launched an exclusive Burberry collection which will be available only in DFS and T Galleria by DFS stores. The 22-piece BurberryxDFS collection was inspired by key elements from Burberry’s groundbreaking first…
Seoul’s Incheon Airport not only tops the Asia-Pacific rankings for retail spending – it has the highest turnover of any airport in the world. Which is remarkable given it ranks 10th in the region by passenger numbers, according to Airports Council…
Pre-owned luxury items are becoming more popular, according to the 2016 Asia Luxury Index, compiled by Singapore-based online luxury retailer Reebonz. Drawing on industry reports and its sales data, the index reveals 30 per cent sales growth in the pre-owned…
Esprit Holdings (0330) posted a net profit of HK$21 million for the financial year ended June, marking a sharp turnaround from a HK$3.7 billion loss in the previous financial year. Chairman Raymond Or Ching-fai said the company’s return to the black was…
Spain’s fashion retail giant Inditex, owner of popular brand Zara, on Wednesday posted an eight-percent rise in first-half profits thanks to a surge in clothes sales around the globe. One of the world’s largest fashion retailers said profit for the six months…
Sports star/fashion icon David Beckham has reunited with comedy star Kevin Hart for a fresh H&M campaign. In a commercial promoting the Modern Essentials selection by Beckham, the storyline picks up from their first H&M commercial together in which Hart was…
The official Coach Tmall flagship shop has been abandoned. Luxury bag brand Coach Inc says it will replace its shop on Alibaba Group Holding’s business-to-consumer sales site by selling directly through its own website and on its WeChat account, the…
Chinese fashion and novelty retailer Miniso has opened its first store in Laos as it continues its rapid Asian expansion. The Miniso Laos store is located on the 1st floor of KL’lar Huk K’kee Mall in Vientiane, the nation’s capital. The flagship store in Laos…
Sixteen organizers of leading design weeks around the world will attend the International Design Week Forum, one of four Signature Events taking place in Taiwan in October as part of the World Design Capital (WDC) Taipei 2016. The bilingual two-day forum,…
UK bag and accessories designer Anya Hindmarch is opening her first standalone store in Singapore this month. Hindmarch is known for her colourful bags with their symbols, smiley faces, googly eyes and pixelated Space Invaders aliens. Her 2014 fall/winter…
Calvin Klein, Inc, a wholly owned subsidiary of PVH Corp, has opened the first Calvin Klein accessories store in Hong Kong, at IFC Mall. Located on level one of the mall, the store offers both men’s and women’s Calvin Klein Platinum accessories and leather…
It is not uncommon to see avid traveller Cara Lee lugging numerous shopping bags up the aeroplane – not on her way back from her travels, but at Changi Airport on her way out. The 26-year-old account manager at a media intelligence company spends about $180…
Baroque Japan, which has a retail portfolio of young women’s fashion apparel and accessories, has arrived in New York City. It has opening an Enfold fashion brand shop in the West Village and a Moussy outlet in SoHo. Launched in 2012, Enfold has a strong…
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Read by retail operators, investors and brand teams across Asia.