German accessories brand MCM, owned and run by South Korean entrepreneur Sung-joo Kim, aims to more than double sales to RM7.8 billion (US$2 billion) within five years. Founded in Munich in 1976, MCM is known for its colourful $700 studded canvas backpacks.…
Fashion group All Saints Japan has launched, with a dedicated website as well as a store in Tokyo. Out of the UK, All Saints made its Japan debut at Tokyo Fashion Week last month. It partnered with infrastructure company Locondo to develop the digital…
Central Group is set to buy Zalora’s businesses in Thailand and Vietnam, according to reports. Zalora is a fashion-focused e-commerce site. Central Group’s assets, which include multiple shopping malls and national department store chains, are worth close to…
French beauty brand L’Occitane has announced sales for the year ending March 31 increased by 8.9 percent at 1.28 billion euros. Growth surged on in China – which saw sales grow by 16.8 percent – France, Japan, Brazil and Russia however a poor performance in…
Superdry is excited to announce the opening of its first Queensland store at Pacific Fair Shopping Centre in May 2016. Housed in the newly renovated Pacific Fair complex, Superdry will have an in-store fit out consistent with the brand’s theme of industrial,…
Hong Kong-listed beauty products retailer Sa Sa International says its retail and wholesale turnover fell 15.1 per cent in the last quarter. And in the Hong Kong and Macau markets, turnover tumbled 17.9 per cent for the quarter ended March 31, while…
Indonesia has welcomed Rusty Lopez into the market – and wants more Philippine fashion brands to follow. The shoe brand from Marikina City has opened its first overseas outlet in Jakarta’s Seibu Department Store in Grand Indonesia Mall. Other Philippine…
ShopBack switches up its style as the local Cashback site swaps its amicable look for a chic layout with the launch of ShopBack Premium, a sleek space carved for housing of international fashion and beauty labels. An exclusive capsule curated for fashion…
Gold demand in India improved this week as jewellery retailers reopened stores after a strike, but the world’s second biggest bullion market remained at a discount to the global benchmark as purchases across the region were curbed by higher prices. Indian…
Jewelry retailers Chow Sang Sang Holdings (00116.HK) and Luk Fook Holdings 00590.HK) are said to be waiving the craftsmanship fee on their gold products in a bid to spur sales during the upcoming Labor Day holidays. The promotional period will last for six…
On April 18, 2016, Australia’s third largest private healthcare group, Healthe Care, officially became a member of Luye Medicals Group Pte Ltd (Luye Medical Group) after the acquisition from Australia’s Archer Capital Fund was completed. Through the…
Shanghai Fashion Week was bigger than ever this year – almost too big, in fact. While it is the range of events beyond the catwalk shows that has made it such a success in so short a time, this year’s edition spread over a very long nine days and, for all its…
Calvin Klein design will be overseen by one person from now on after a reshape which led to the departure of its two most senior designers. The US-based global fashion brand, owned by PVH Corp, has announced that Francisco Costa, (pictured) the brand’s…
A Dior Hong Kong exclusive store has opened in Times Square mall, the boutique continuing the style of its Avenue Montaigne flagship store in Paris. Its design concept is a mix of 18th century and modern, says the Times Square Facebook page. The interior was…
French clothing company Lacoste Singapore has tendered successfully for an outlet at Changi Airport. RSH Singapore, which represents Lacoste, has been awarded a 78 sqm concession in the west departure/transit lounge on level two. Calling for mid-priced…
British luxury brand Burberry Hong Kong has seen its sales slide by more than 20 per cent for the third quarter in a row. The result reflects the continuing fall-off in tourist numbers to Hong Kong from China, including a 26 per cent drop in February.…
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