Luxury fashion retailer Moncler has reported a strong momentum in sales growth, driven predominantly by its expanding presence in Asia. Strong Performance Across Moncler and Stone Island Brands The first half of their financial year saw a significant rise in…
Chloé, an esteemed French luxury fashion house, has recently established its first store in Vietnam, nestled within a bustling shopping complex in the heart of Ho Chi Minh City. The brand, recognized for its romantic, free-spirited and distinctly feminine…
The luxury hotel sector in Hong Kong has shown remarkable resilience, bouncing back stronger than the broader hospitality industry in the city. According to the property consultancy JLL, room rates have even surpassed those of 2018, indicating a significant…
Established Danish electronics manufacturer, Bang & Olufsen, recently unveiled its flagship store at Singapore’s Scotts Square shopping complex. With a retail area of approximately 2853 square feet, this site represents the company’s first Culture Store in…
High-end fashion house Miu Miu has inaugurated a new boutique in Hong Kong’s K11 Musea, further enhancing the luxury retail location’s high-grade fashion repertoire. The 161 square metre boutique showcases ready-to-wear collections, handbags, footwear and…
Italian luxury brand, Golden Goose, has recently gone through a significant change in ownership. A majority stake in the company is now held by Chinese private equity firm HSG, while Singapore’s investment firm, Temasek, has also joined as a minority…
Tiffany & Co, the prestigious luxury jeweller, announced their plans to launch their first-ever Blue Box Cafe in Southeast Asia. Set to make its debut in Singapore’s flagship store next month, this move is meant to elevate the brand’s presence within the…
Chow Tai Fook, a leading Chinese jewelry retailer, recently unveiled its revamped boutique in Oakridge Park, Vancouver, Canada. This follows the successful refurbishment of numerous other stores across the globe, including locations in Singapore, Thailand,…
OTB Group, a prestigious Italian luxury conglomerate, has recently procured the remaining shares of Dutch fashion house Viktor&Rolf, thereby securing complete ownership of this innovative label. This acquisition comes after OTB’s initial investment in 2008…
Lanvin Group has announced the appointment of Barbara Werschine as the new Chief Executive Officer (CEO) of Lanvin. This strategic decision is part of the luxury fashion group’s initiative to bolster Lanvin’s global standing and promote growth. Barbara…
Siam Piwat Group, a leading Thai developer and operator of renowned shopping outlets like Siam Paragon, Siam Center, and Siam Discovery, has announced a strategic alliance with four major luxury brands: Belmond, Galeries Lafayette, Insignia, and MJets. The…
Tiffany & Co, esteemed luxury jewellery brand, has broadened its reach in Hong Kong with the inauguration of a flagship store at Lee Gardens, introducing a fresh retail experience. The boutique, situated in Causeway Bay, extends over two floors and more than…
The Paris-based luxury fashion brand Chanel has experienced a significant surge in demand, piquing the interest of first-time buyers. This increase has been attributed to the reimagined versions of classic items such as bags, shoes, and jackets by the brand’s…
Thai shoppers can now enjoy the elegant and sculptural designs of Alaia, as the brand has expanded its Southeast Asian presence by opening its inaugural boutique in Bangkok. The luxury retail venue, Central Embassy, is host to the new store. The boutique…
In the first quarter of 2021, SSI Group, a leading luxury retailer in the Philippines, witnessed a significant drop in profits. The company reported a decrease of 58.5 per cent in net income to US$2.4 million (PHP$152.9 million), even though revenue increased…
Balenciaga, the luxury fashion brand, has launched its first ever two-level flagship store at K11 Musea, located in the bustling Tsim Sha Tsui district of Hong Kong. Details of the New Store Occupying a generous 461 square meters of retail space spread over…