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Handsome, the fashion unit of South Korean retailer Hyundai Department Store Group, has signed a deal to help accelerate its move into the Chinese consumer market. An agreement between its fashion label The Cashmere with Hong Kong’s…
South Korea’s Hyundai Department Store is buying trading company SK Networks’ fashion business for KRW326.1 billion (US$284 million). When the purchase is complete, probably by February, SK Networks (SKN) will no longer have interests in the fashion industry.…
After a slight uptick in performance at the close of last year, Ralph Lauren sales have tumbled. Compared to 2015 – when total revenues declined by 5 per cent, wholesale by 9 per cent, and retail by 3 per cent – the latest sales figures are decidedly weak. In…
More and more specialised retailers or service providers – ranging from barbershops to paint stores – are making appearances inside Korean department stores. These special shops are appearing as pop up stores rather than taking up permanent residence. The…
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