Luxury houses, streetwear and the Asian designers shaping global style.
Leading Korean accessories chain Naughty Cat has opened its first Vietnam store on Nguyen Hue St in the city centre. Naughty Cat Vietnam is located at 47 Nguyen Hue street, D1. The store hopes to cash in on the crowded ‘walking street’ as well as the growing…
Geneva-based luxury goods company Chopard Singapore failed to notice it was missing S$11.2 million until a government investigator started looking into the embezzlement after a tip-off. Now the former accounting manager of the luxury goods company, known for…
Keeping in mind the growing demand for safer travel, globally recognized travel gear brand Pacsafe has opened its first flagship store in the Philippines. The boutique, the company’s first in the world, is located at G/F Glorietta 5, Makati City. It was…
After a slight uptick in performance at the close of last year, Ralph Lauren sales have tumbled. Compared to 2015 – when total revenues declined by 5 per cent, wholesale by 9 per cent, and retail by 3 per cent – the latest sales figures are decidedly weak. In…
Chinese travelers are spending billions of dollars abroad, but where exactly are they making their luxury goods purchases? A recent report titled “Who Buys Where: Decrypting Cross-Border Luxury Demand Flows” by digital direct marketing services provider…
The Hour Glass’ first-quarter net profit tumbled 22 per cent year on year to S$8.19 million. For the three months ended June 30, total revenue and other income fell 7 per cent to S$149.43 million from the previous year. The decline in revenue reflected the…
Japan and China holds the potential to be the strongest source market for Singapore during the Great Singapore Sale (GSS) period, which comes to a close this weekend, according to findings by market research consultancy Kadence Singapore. Respondents from…
Flipkart-owned Indian online fashion company Myntra has added two international brands to its platform, Toms and Meters/Bonwe. This makes Myntra home to more than 30 global brands, says its head of international brands business, Gunjan Soni. US-based Toms is…
The cull of Hugo Boss China stores will continue after a first round downsizing helped the German retailer’s bottom line. Hugo Boss revealed its quarterly operating profit on Friday, beating forecasts and giving incoming CEO Mark Langer a mandate for his…
State-owned China National Service Corporation (CNSC) opened its ambitious Shanghai downtown duty free store on 8 August. The corporation aims to invest heavily in the burgeoning downtown duty free sector in China. The store opening attracted thousands of…
Fashion retailer H&M Hong Kong has received Asia’s Best Employer Brand Award at a ceremony hosted by the Employer Branding Institute, World HRD Congress and Stars of the Industry Group. Presented at the Pan Pacific Singapore, the award recognises…
Louis Vuitton packaging is to change colour and style – with an entirely new look replacing the famous dark brown. In a surprise move, the French retailer has unveiled new product packaging in a bright saffron shade. It says the distinctive color, part of the…
Michael Kors Asia sales are showing healthy growth – at the same time as same-store figures are falling heavily in its US home market. Michael Kors has kicked off its new financial year with a weak set of numbers this week. Total revenue was virtually flat,…
Right after the closure of its sibling eCommerce model Lingo, Topmot Vietnam has received US$1 million from investors in Asia, Europe and the US. The funding proves that despite many online failures in Vietnam to date, there is still interest in eCommerce…
Following a robust few years of market outperformance and share gains, the start of New Look’s 2016-17 financial year is a major disappointment. While weakened consumer confidence and unseasonal weather dampened shopper appetite to spend on clothing &…
Last week the Korean government announced plan to impose duty free limits to stop third party sales of cosmetics in China, and now, in an unrelated move, the China government’s threats to retaliate over Korea’s deployment of new military defence technology…
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Read by retail operators, investors and brand teams across Asia.