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Dutch department store operator Topshelf appears to be closing down. The company has announced its last store in Alkmaar will close in mid-January, following the shuttering of stores in Arnhem, Nijmegen and Groningen. The company has not filed for bankruptcy…
Versace Hong Kong has opened a flagship store in the Shanghai Commercial Bank Tower in Central. Covering about 743 sqm, it features men’s and women’s ready-to-wear and accessories. It joins standalone stores for the Italian fashion house at Gateway Arcade,…
Following other international fashion labels, Ralph Lauren Hong Kong has closed its flagship store. Four years ago, its then CEO Ralph Lauren said the company was transforming its presence in China, “a region we believe will become an important driver of…
Multi-label Italian luxury fashion retailer Antonia has opened its first store in Asia, at The Parisian Macao in Macau. Designed by architect Vincenzo de Cotiis, the 3000 sqm store features such brands as Gucci, Rick Owens, Sacai, Saint Laurent, Valentino and…
Three years after the Japanese luxury department store chain announced plans to enter Saigon, Takashimaya Vietnam opened its doors at the weekend. As the anchor tenant of downtown Ho Chi Minh City’s Saigon Center, Takashimaya takes up a whole five floors…
While other luxury brands are scaling back in Hong Kong’s subsiding retail market, international fashion brand Versace Asia plans to open a flagship store in Central in October. Shanghai Commercial Bank says the Milan-based fashion house has signed a…
German accessories brand MCM, owned and run by South Korean entrepreneur Sung-joo Kim, aims to more than double sales to RM7.8 billion (US$2 billion) within five years. Founded in Munich in 1976, MCM is known for its colourful $700 studded canvas backpacks.…
