Luxury houses, streetwear and the Asian designers shaping global style.
UK fashion brand Belstaff, through its new subsidiary company Belstaff Japan KK, has launched its first outlet in the country, and is planning more. Four stores in Japan are on this year’s schedule, including one in Kobe in September, which will sell both…
German fashion house Hugo Boss is closing outlets in China and will review its global store network as it tries to revive its fortunes following the departure of its chief executive last month after a profit warning. Like other upmarket fashion retailers,…
Eric Mark Levine, the founder of California Fitness clubs worldwide and the Thai chain California Wow Xperience has filed a US$2.8 million defamation lawsuit through his legal representative at Bangkok Criminal Court. Levine has filed suit against Thailand’s…
Indian footwear and outdoor gear brand Woodland is planning to open stores in China, Malaysia and Singapore along with franchising its brand in other markets. Woodland is also taking the eCommerce route as part of its expansion, and is hiring social-media…
Japanese private equity firm Advantage Partners has acquired Tokyo-based sports equipment retailerIshii Sports for an undisclosed amount. In a release, Advantage Partners says the acquisition will help support the revenue growth of Ishii Sports, founded in…
US retailer Charming Charlie has opened its pink doors in the Philippines. And following this Asian debut, the US-based fashion retailer is now eyeing Malaysia, Indonesia, Korea and China for expansion. The company had first expanded in Canada and the UAE…
Indonesia Fashion Week (IFW) 2016 with theme of “Reflection of Culture” is officially opened today, March 10, at the Jakarta Convention Center and will be held from until March 13, 2016. “IFW aims to accommodate Indonesian designer needs, both in central and…
Luggage giant Samsonite is to pay US$1.8 billion for US-based Tumi, the luggage and travel accessories brand. In a joint statement, the two companies said they have entered into a definitive agreement whereby Samsonite will acquire Tumi for US$26.75 per share…
Ever Rich D.F.S. Corporation tells David Hayes that the company achieved single digit revenue growth in 2015 at its major downtown and airport duty free locations with the rise in sales reflecting a similar increase in international passenger traffic through…
German sporting goods giant Adidas Group has revealed plans to open 3,000 new stores in China by 2020 as it looks to become the ‘best sports brand’ in the region. The company, which has around 9,000 stores in its second largest market, the vast majority of…
Australia has its first boutique store for Seiko watches, just opened on the lower ground floor of the iconic Queen Victoria Building in Sydney. It has been opened by Seiko Australia, a subsidiary of Japan’s Seiko Watch Corporation, which sent its COO…
The Body Shop has entered Sri Lanka, with conglomerate Softlogic Group signing up for the franchise. Founded by Dame Anita Roddick 40 years ago, The Body Shop introduced fair trade to the cosmetics and toiletries industry in 1987, and was the first cosmetics…
In a collaboration with the Bruce Lee Foundation, a special tribute exhibition for the Kung Fu superstar marks the launch of the Swiss watch brand Hublot’s store at the high-end Shin Kong Place (SKP) shopping centre in Beijing. On display until March 6, the…
Vietnam is on the radar for Hong Kong clothing retailer Giordano International, both as a market and supplier. With its steady growth in the emerging market, the company is planning to establish a legal entity Giordano Vietnam. It is also eyeing the country…
Broadly, the latest set of results from Abercrombie & Fitch are to be welcomed: they are a sign that the brand continues to make progress in what remains a challenging market during a particularly difficult period of trading. Across the quarter, total sales…
US fast-fashion retailer Forever 21 will open its second store in Hong Kong this year, capitalising on the shift in consumer demand from luxury to non-luxury products. “Due to the demand of our consumers, we have continued our expansion throughout Hong Kong…
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