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Luxury brands need to use new technologies and offer experiences for their customers, the second Luxury Society keynote event in Shanghai has been told. UCO Cosmetics CEO Arthur Zhang told the event that the early-stage eCommerce model of simply providing a…
Project X, a multi-brand boutique that caters to young creative minds, has launched at Plaza Indonesia in Jakarta. From Time International, Project X offers a new take on men’s and unisex casual fashion and lifestyle. Its curated retail concept introduces 22…
Spanish lingerie brand Oysho, owned by Inditex, continues its international expansion with the opening of its first store in Indonesia. In Jakarta’s centre, the 300 sqm shop is in Plaza Indonesia, a shopping centre that is also home to other Inditex brands…
Chinese company Yaok has built an online reservation service for offline brand boutiques to tackle the online/offline conflict. It is the result of 10 years of market research the preparation, including five years of in-depth communication with more than 100…
Japanese cosmetics group Shiseido is aiming to become one of the world’s top five perfume makers in five years, up from its current seventh spot. New acquisitions will help Shiseido perfume market share grow – along with a step-up in marketing, especially…
Paris-based affordable luxury fashion chain Sandro Asia, along with sister brand Maje and Claudie Pierlot, recorded 51 per cent year-on-year growth in Asia Pacific in the first six months of the year. Sandro opened its largest Asia flagship store in the heart…
More luxury brands and new-to-market retail concepts are debuting at The Shoppes at Marina Bay Sands – along with an expanded collection of premium children’s brands at the North Promenade. Gucci Kids, Kenzo Kids, Paul Smith Kids and Stella McCartney Kids…
Pre-owned luxury items are becoming more popular, according to the 2016 Asia Luxury Index, compiled by Singapore-based online luxury retailer Reebonz. Drawing on industry reports and its sales data, the index reveals 30 per cent sales growth in the pre-owned…
As Macau resorts swing the spotlight from gaming to shopping, designer labels are lining up to open their first stores in the former Portuguese colony. Established brands have already led the way, and the opening of two major resorts has introduced a broad…
Indonesians have become Asia’s foremost online buyers of luxury goods, according to the latest Asia Luxury Index. Amid difficult economic conditions, online sales of luxury goods in Indonesia have grown by 84 per cent, according to the index, which draws…
International tourists, particularly from Asia, have been a major driver of strong revenue growth in Australian luxury retailing over the past five years. The latest Luxury Retailing in Australia report from business data company IbisWorld predicts that…
Singapore cosmetics startup BeautyFresh is eyeing the eCommerce potential in its home market and broader Asia. Stocking more than 70 international brands including Chanel, Dior, Jo Malone and Nars, the company ensures authenticity of its products by scanning…
Gucci America has become the second brand to quit the International Anti-Counterfeiting Coalition(IACC) since the US-based group allowed Chinese eCommerce giant Alibaba to become a member last month. Describing Alibaba as “our most dangerous and damaging…
Global duty-free retailing is expected to reach nearly US$98 billion in revenue by 2019, according to a new study by global technology research and advisory company Technavio. With the expansion of low-cost airlines, many middle-class travellers are taking…
The Chinese New Year – the Year of the Monkey – has passed. The Gregorian calendar year has gotten off to a somewhat inauspicious start – certainly as far as commodities are concerned (although diamonds seem to have bucked that trend somewhat), so what is in…
In 1992 Louis Vuitton made its debut in China with a store in Beijing’s bustling shopping district of Wangfujing, becoming the first luxury brand to set foot in the Middle Kingdom. The timing was perfect. The Chinese economy was just coming into its own,…
