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Administrators have been appointed to wind down the Australian arm of Karen Millen, after the business fell into administration in Britain last month. The UK fashion brand, which turned over approximately $19 million in Australia last year, operates seven…
Fast-growing pure-play online fashion retailer Boohoo is preparing to acquire the Karen Millan and Coast brands. According to sources quoted by Sky News, Karen Millen will be placed in administration as early as today, UK time, in what is termed a “pre-pack…
British clothing retailer Karen Millen has bought a stake in fashion label Coast following the brand’s administration by PwC. The purchasing company has agreed to take on Coast’s UK concessions portfolio and online businesses, saving 600 jobs in the ailing…
Singapore Retailers Association (SRA) is launching the inaugural Singapore Golden Week (SGW), a lifestyle event to be held over three weekends from September 30 to October 16. Its aim is to heighten Singapore’s appeal as a lifestyle destination with a suite a…
Costs related to the closure of retail stores were among the factors contributing to reduced second-quarter earnings for Singapore’s Wing Tai Holdings. Store closures caused a 12 per cent rise to S$23.8 million in administrative and other expenses…
Wing Tai, the corporate retailer which partners with Uniqlo and a raft of other brands, including the Arcadia Malaysia stores, says it is streamlining its retail business. The listed company has 85 retail stores in Malaysia’s major cities under 12…
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