Topic
1,864 stories in this topic
Chanel, the renowned French luxury brand, has recently launched a duplex store in partnership with Shilla Duty Free at Seoul’s Incheon International Airport. This store, situated in Terminal 2, is a reflection of the brand’s signature style, featuring a…
Renowned fast-fashion retailer, Forever 21, is poised to venture once again into the Chinese market for the fourth time. The brand’s previous three attempts, beginning in 2008, were unsuccessful in maintaining a solid foothold in the second-largest global…
The luxury fashion conglomerate, Lanvin Group, which houses brands such as Lanvin, Wolford, Sergio Rossi, St John, and Caruso, has reported a decline in first-half revenue to US$155.6 million. This figure represents a 22% decrease compared to the same period…
Uniqlo is poised for a dramatic uplift in its Indian operations, aiming for a threefold sales increase by 2028, according to insights shared by the company’s COO with Nikkei Asia. This ambitious goal surfaces amid a backdrop of tepid consumer spending and…
As the retail landscape in Asia rapidly evolves, global brands are increasingly eyeing the region for their strategic expansion plans. A striking example is the decision by major cosmetics player L’Oréal to significantly ramp up its investment in local…
Gill Capital Group is making waves in the retail sector with its recent pilot of a generative AI-powered search agent and a virtual shopping assistant on H&M’s e-commerce platforms in Indonesia and Thailand. This initiative seeks to enhance the online…
Dolce & Gabbana, the revered Italian luxury fashion brand, has unveiled financial figures for the fiscal year that came to a close on March 31. The company saw its revenue climb by 4 per cent, translating to a total of US$2.2 billion. Revenue Drivers and…
In a grand unveiling that is sure to turn heads, Hermès has launched its newly relocated and expanded store within the Galleria department store at Apgujeong Rodeo in Gangnam, South Korea. This West Hall location shines as a beacon for luxury, showcasing all…
The renowned brand, Hermes, has recently reopened its enlarged boutique in the high-end shopping zone, Apgujeong Rodeo, within Seoul’s Galleria department store. This area is famously known as a luxury buying hub in the Gangnam district. Design and Aesthetics…
In the bustling Harajuku district of Tokyo, Calvin Klein is set to unveil its latest global flagship store this Friday. This new move is a significant step in the brand’s ongoing global expansion efforts, following the successful establishment of a store in…
Valentino, the renowned Italian luxury brand, has announced the appointment of Riccardo Bellini as the company’s new CEO. Bellini’s appointment follows the recent resignation of his predecessor, Jacopo Venturini. Bellini is set to officially assume the CEO…
Guess, a renowned fashion and lifestyle brand, is preparing to transition into a privately-held company following a US$1.4 billion pact with Authentic Brands Group, major shareholders, and co-founders Maurice and Paul Marciano, Nicolai Marciano, as well as…
In a move that underscores the ever-evolving world of retail, French luxury goods giant LVMH Moët Hennessy Louis Vuitton has set its sights on expansion in Asia. The company recently announced plans to increase its investment in the region, aiming to capture…
Brand Studio Lifestyle, the parent company of Indian fast-fashion labels Highlander and Tokyo Talkies, has expanded its operations into the Middle East with the launch of three flagship stores in the United Arab Emirates (UAE). Flagship Stores Launch in the…
The South African retail market has witnessed significant disruption with the entry of Chinese e-commerce firms, Shein and Temu. Together, they constitute 3.6% of the nation’s retail sector, specifically the clothing, textile, footwear, and leather (CTFL)…
Rodrigo Pizarro has been announced as the new Chief Executive Officer for L’Oreal Korea, effective immediately. Pizarro brings an impressive 30-year experience from within the L’Oreal organization to the role. Three Decades of L’Oreal Experience Pizarro’s…
