The first Superdry China stores are set to open in what a commentator describes as a core future market for parent SuperGroup. Nivindya Sharma, a senior analyst at Verdict Retail, says the brand’s international expansion strategy will now focus on “two key,…
A handful of retailers here are out to prove that home-grown and Asian fashion designers can hold their own against their international counterparts. These multi-label boutiques carry either purely Singapore and Asian brands, or a selection of such labels…
In a world first, an Adidas football flagship has opened in southern China’s Guangzhou Teemall. Adidas Group Greater China MD Colin Currie describes it as an important milestone for both Adidas and Chinese football. “At the same time, it emphasises the…
Thailand’s retail market is expected to grow at a compound annual growth rate (CAGR) of more than 6 per cent from now until 2020. This was revealed in the latest market study by global technology research and advisory company Technavio. Its research report,…
A “dire” Hong Kong market has damaged Burberry sales for the latest quarter. Retail revenue remained unchanged at £423 million, but like-for-like sales fell 3 per cent. “Whilst sales declined across all three regions (Asia Pacific, EMEIA and the Americas), a…
Lifestyle shop Kapok at NDC has launched its own label, Future Classics. The label features wardrobe staples with a focus on fabric, silhouette and details, and is said to “redefine genderless casualwear”. “Working with Japanese and technical fabrics, Future…
Zara Vietnam’s flagship store is taking shape at Vincom shopping mall in Ho Chi Minh City, and is expected to open soon. The Spanish fast-fashion brand announced in May that it would expand to Vietnam this summer, setting its debut store’s opening date for…
Global food and grocery specialist IGD visited Manila during the May 2016 presidential elections. Here IGD’s senior retail analyst, Jenny Li, examines what is giving the country’s retail sector such a positive outlook. The Philippines is one of the fastest…
Despite third quarter like-for-like sales being hit by unseasonal weather, especially in April, UK-based discount apparel chain Primark has posted a solid 40-week performance – with a strong third quarter boosting overall growth. Primark sales benefitted from…
Italian online fashion retailer Yoox Net-A-Porter (YNAP) aims to double sales and boost profits by 2020 as it expands in new markets, including Asia, but says it is still committed to Britain despite the vote to leave the European Union. The group says it is…
Tailoring brand The Bespoke Club has launched its flagship store at Suntec Boutique, hosting a celebration attended by VIP clients, celebrities and other special guests. The Bespoke Club specialises in bespoke suits and shirts. Club patrons have complete…
Vietnam-based Phu Nhuan Jewelry (PNJ) has recorded US$178 million in sales and a pre-tax profit of VNĐ304.5 billion (US$13.65 million) in the first six months of this year. These are increases of 4 and 116 per cent respectively for the same period last year,…
A Taiwan-based sports shoes manufacturer has expressed its interest to expand its business in Indonesia. The company, who has had a factory in Tangerang since 1996 with 1,100 workers, will expand and is expected to absorb up to 10,000 workers. The Investment…
Aditya Birla Fashion and Retail (ABFRL) will acquire US-based clothing brand Forever 21 India from existing local franchise partner Diana Retail. The Rs.175-crore (US$26 million) transaction involves a business transfer agreement, not share transfer, says…
South Korean cosmetic manufacturer Banila Co has launched outlets in Malaysia, its fourth overseas market following China, Taiwan and the Philippines. Banila says its first cosmetics store in Malaysia opened in Mid Valley Mega Mall, the largest shopping…
Japanese lifestyle brand Muji US will take its message of minimalism to the suburbs when it opens in New Jersey’s largest mall, Westfield Garden State Plaza in Paramus, next month. Its 8600 sqft (798 sqm) store, on the lower level of the mall, will be the…
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