Luxury French brand Longchamp sees Asia as a major contributor to the brand’s global growth in coming years. CEO Jean Cassegrain says 25 per cent of the brand’s business now comes from Asia – and 50 per cent of its customer base is Asian. In an exclusive…
Chinese sportswear maker 361 Degrees Group published its financial report for 2015 in Hong Kong, stating that its turnover reached CNY4.459 billion in 2015, a year-on-year increase of 14.1%; its gross profit was CNY1.823 billion; its gross margin was 40.9%;…
She is a loyal Asos customer who has ordered from the UK website not once, not twice, but a total of 19 times so far. But the latest experience for Ms Bernie Low, a local blogger, has been nothing short of frustrating. Ms Low, 22, is just one of many…
Despite a strong set of annual numbers, shares in fashion retailer Ted Baker didn’t react well to news that softer economic conditions in Asia had hindered the group’s growth there. But Ted’s Asian business is still pretty small – accounting for roughly 3.4…
Today, fashion designer Victoria Beckham launched her first shop outside Britain in Hong Kong as she seeks to tap the Asia market despite a downturn in luxury spending. Beckham’s store in Hong Kong’s Landmark building lies at the heart of Central. The British…
Speculation of a Burberry takeover bid have seen the London-headquartered luxury fashion company’s share price rise 6 per cent in recent days. An unidentified party has built a 5 per cent stake in the business. Under London Stock Exchange rules any…
In a first for the market, a TimeVallee Watch Boutique has opened inside Japan Duty Free Ginza on the eighth floor of Mitsukoshi Ginza Store in Tokyo. It is based on the concept of offering multiple international luxury-watch brands, and is the first such…
Japan’s Kose cosmetics has unveiled a global marketing plan that aims to give it a strong international presence – including department store outlets in China, Malaysia and Singapore. The plan was revealed as it celebrated its 70th birthday, with a media…
Japanese lifestyle brand Muji is planning a new flagship store in Singapore. Masaaki Kanai, chairman of Muji’s parent company Ryohin Keikaku, said on Tuesday (Mar 15) that the new flagship store is estimated to be around 3,300 square metres and will feature…
Italian fashion conglomerate Teddy Group has opened two stores in Asia, with another to follow by the end of this month. A Terranova outlet has just opened at Vivacity Megamall in Kuching, which is the administrative centre of the state of Sarawak and the…
South Korea’s original development manufacturing (ODM) cosmetics company Cosmax Inc. said its Indonesian subsidiary PT Cosmax Indonesia was granted halal certification, a move that is expected to help pave the way for the company to make forays into the…
Upmarket Australian lingerie retailer Honey Birdette is preparing to open its first retail store in Hong Kong. Honey Birdette was founded in 2006 by Eloise Monaghan offering premium lingerie and sex toys and entered a strategic partnership with multi-brand…
As the theme for the mall’s anniversary celebration suggests, the fashion week will reflect the so-called “now generation” by putting emerging local designers under the spotlight. On Tuesday evening, young designer Yosep Sinudarsono will present his…
German fashion retailer Tom Tailor has opened an online store in China, using JD.com’s JD Worldwideplatform. Tom Tailor describes its first online shop in China as “another important milestone in Tom Tailor China’s expansion, following the opening of the…
Sephora has launched an e-commerce platform for the Hong Kong market. Part of the ongoing international expansion of its online retail arm, the online store will offer brands unavailable on the ground in Hong Kong, such as Butter London, Skin Inc and…
De Beers Group of Companies has launched its diamond brand Forevermark in Asia – with new partners in South Korea and Thailand. It is now available in more than 1700 outlets in 38 consumer markets. In South Korea, Forevermark Asia launched with licensee…
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