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French luxury group Kering has taken a 5 percent stake in Vestiaire Collective, a leading platform for second-hand clothes and handbags, betting that the booming resale market will help it woo younger and more environmentally conscious shoppers. The purchase…
Hong Kong handbag retailer Milan Station losses halved last year, despite a 17 per cent fall in sales to HK$264.3 million. The company reported a net loss for the year of $40 million, compared to $80.8 million the prior year, mainly due to decreased rental…
Luxury French brand Faure Le Page will open its first Singapore flagship store this June, at Takashimaya. The store will be the fashion brand’s first in Southeast Asia and its ninth worldwide. Designed to resemble a garden, the boutique will pre-launch a…
Indian-Italian handbag and accessories retailer Da Milano is aiming to be operating 100 stores by the end of this financial year, including in Singapore. The company offers “affordable luxury” items and is likely to open further locations in airports and Tier…
Sandy Friesen’s small and young handmade handbag company Welden generated nearly US$300,000 in gross merchandise volume during a two-day live-streaming event in China. On Alibaba’s C2C marketplace Taobao, the campaign was the New York brand’s first foray into…
MCM offers a harmony of art and fashion, introducing works of art and artists. MCM starts art activities in ‘MCM House’ store, Hongdae ‘MCM Popup’ store located in Hongdae youth street in Mapo-gu, and other flagship stores in Seoul. All activities take…
