Malaysia-based eCommerce fashion company FashionValet has received a “multi-million-dollar” funding from Start Today, which runs Japanese online fashion mall ZozoTown. FashionValet co-founder/CEO Fadzarudin Anuar says the move is “clearly more than a…
AmorePacific, South Korea’s largest cosmetic company, has reaffirmed its commitment to China, seeing further room for growth in the rising middle-class consumers there, the firm said Thursday. AmorePacific has shown stellar performance in China with a range…
The 23rd HKTDC Hong Kong Fashion Week for Spring/Summer (FWSS) will be staged from 4-7 July 2016 at the Hong Kong Convention and Exhibition Centre with Women’s wear and Knitwear as debut zones to optimize buyers’ sourcing selection. The premium fair in the…
Lululemon’s final quarter numbers look fairly solid on the surface, especially when compared to the rather lacklustre performance during the prior quarter. However, while there has been a pickup in sales momentum, the underlying figures continue to show signs…
Plukka, which launched as a flash-sale website for made-to-order fine jewelry, is getting increasingly serious about bricks-and-mortar retailing. The Hong Kong–based company, which opened freestanding stores in Hong Kong and London in 2014 and 2015,…
Japanese fashion retailer Miniso has enjoyed explosive growth across Asia, last year raking in sales revenue of more than RMB5 billion (US$769.9 million). Launched in Tokyo by designer Miyake Jyunya and Chinese entrepreneur Ye Guofu just three years ago, the…
Platinum Guild International (“PGI”) today published the findings of its third annual Retail Barometer. The Barometer, conducted by independent platinum market experts and industry analysts, reveals the consumer retail sales data of platinum jewellery in 2015…
A new Ray-Ban Manila pop-up store is the eyewear brand’s first in Asia. The pop-up, at the Greenbelt shopping centre in Makati, will showcase the Ray-Ban Aviators range. Originally designed for US military pilots in 1937, Ray-Ban Aviators is one of the…
The ‘K-beauty’ market is expanding its sphere of influence beyond Asia, and reaching out to other global markets. According to Aju News, a Korean newspaper, Korean cosmetics brands are exploring new markets worldwide. As the global interest in K-pop and…
Italian luxury leathergoods supplier Furla will showcase its FW16 collection at the upcoming Tax Free World Association Singapore show in May. According to the company, the new Furla bags embody the rebellious spirit, typical of the music scene, from rock to…
Amid a retail environment clouded by slowing global growth and the rise of technological trends that threaten to displace traditional retailers, the boss of German luxury brand Braun Buffel said change will hold the key to survival. “Mankind tends to stay…
While a majority of luxury fashion retailers are blaming Asia for declining sales and failing to meet profit projections, Jimmy Choo has confounded the market by praising the continent. Jimmy Choo has reported sustained growth in far eastern markets to…
With revenue totalling HK$1.9 billion (US$245 million), Hong Kong-listed retailer Trinity Group lost HK$88.5 million last year. Trinity Group, which sells premium menswear brands in greater China and Europe, says it continued to be dragged down by the…
New Balance India is to make a comeback – and says it aims to open about 50 stores within the next few years. The US sports shoes brand’s first foray into India was in the early 2000s, but it shut its shops after a few years. Now its VP for Asia Pacific…
Perry Ellis International has signed an agreement with MRH SpaRotica Groupe (MRH) to introduceFarah China next year. The brand will be launched in department stores, free-standing stores and specialty outlets as well as online with third-party eCommerce…
UNIQLO today announces that it will open its first global flagship store in Singapore, and in the Southeast Asia region, in the autumn of this year. The new store, which will be the largest UNIQLO store in Singapore and in the region, will be located in the…
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