Designer footwear label Stuart Weitzman has opened its first airport outlet worldwide at HKIA in partnership with Lagardere Travel Retail. The airport boutique is opening with a curated selection from the brand’s future-inspired Autumn 2019 Collection and SW…
Alibaba Group sales soared 41 per cent in the December quarter as its customer based neared 700 million. The Chinese company’s turnover for the three months reached US$17.057 billion and its net income attributable to shareholders $4.807 billion. “Our…
One year into its major push to become an American luxury conglomerate, things appear to be moving in the right direction at Tapestry, which recently posted first-quarter results that topped expectations across the board. The firm — parent of Coach, Kate…
Tapestry growth continues to be boosted by the inclusion of Kate Spade. The US apparel retailer has reported fourth-quarter revenue of US$1.48 billion and a net income of $211.7 million. A 31 per cent uplift in sales is the result of the acquisition of the…
Tapestry, the fashion retailer formerly known as Coach, has taken back operational control of its Kate Spade China joint ventures in Hong Kong, Macau, Taiwan and the mainland. CEO Victor Luis described the move as “an important business development…
Former Stuart Weitzman CEO Wayne Kulkin has launched a new brand to take advantage of the fast-growing luxury sneaker category. StreetTrend is a partnership between Kulkin and Hilco Global, which is better known in retail circles for managing the liquidation…
Supermodel Gigi Hadid has partnered with Stuart Weitzman on two exclusive footwear styles for launch this fall. Hadid, face of the F/17 ad campaign has created the Eyelove and Eyelovemore ranges, pointed-toe mules which represent the first project for Stuart…
The leather goods company formerly known as Coach Inc., Tapestry, has reported earnings for the first time since the name change. Tapestry, which is in the midst of a major rebranding, posted a 24.2 per cent increase in revenue to $1.29 billion and a net loss…
New York design house Coach reports “notable strength” in Mainland China while reporting its second-quarter results for the quarter ended December 31. Coach China sales were roughly even but increased 6 per cent on a constant currency basis when the impact of…
Coach Asia has reported a strong rise in Mainland China sales in the last quarter – which was eroded by a decline in Hong Kong and Macau. The rebounding US fashion retailer says international sales rose 5 per cent in the three months to March 27 to US$448…
Coach Inc says its net sales totalled US$1.27 billion for the second fiscal quarter – up 4 per cent year on year, and up 7 per cent on a constant currency basis. China was a primary driver of the increase in the three months to December 26, with sales up in…
Luxury shoe brand Stuart Weitzman named Alyssa Mishcon President of Global Retail on Monday. Mishcon will oversee all aspects of the global retail business including customer experience and relationship management, strategic operations development,…