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Travellers can experience professional consultation services for skincare, make-up, and haircare, along with personalised treatments at professional skincare cabins by Lancôme, Helena Rubinstein, SkinCeuticals and Armani Beauty. An array of tech-enabled…
L’Oreal sales in Asia Pacific soared 25.8 per cent on a like-for-like basis in the latest quarter – making it the French-headquartered company’s strongest international market. Sales in the region hit €1.794 billion in the quarter and €5.342 billion year to…
Kering sales growth significantly outpaced its rivals during the third quarter, up 27.6 per cent as reported and 27.5 per cent on a comparable basis, to €3.402 billion. In Kering-operated stores, Asia Pacific sales rose 33.3 per cent on a comparable basis,…
Fashion giant Kering’s decision to focus the business on luxury appears to be paying off. In what chairman and CEO Francois-Henri Pinault termed “dazzling top-line and earnings performances” during the first half year, total revenue rose 33.9 per cent on a…
Yves Saint Laurent Beaute has set a record for the most sales by a beauty brand in its first day on Tmall, reports the Chinese B2C shopping platform. In just 14 hours, the L’Oreal-owned brand generated more than RMB30 million (US$4.77 million) in sales when…
Luxury goods and apparel giant Kering has reported a 10.5 per cent global rise in revenues in the latest quarter, with luxury sales up 11.3 per cent and sports and lifestyle brands up 9.3 per cent. Most significantly, at a time its peers are battling falling…
Asia is driving huge growth for cosmetics giant L’Oreal, despite a slowdown in Hong Kong. At the end of September, L’Oréal posted growth of 4.4 per cent on a like-for-like basis – and 21.9 per cent based on reported figures as the company expands its retail…
French-headquartered luxury brand owner Kering has unsuccessfully sought to fast track its legal suit against Alibaba after what it considered “greatly troubling” comments by Jack Ma. Kering, which owns Gucci and Yves Saint Laurent among others, filed suit…
Luxury international retail group Kering says it expects to be paying less rent in Hong Kong by the end of the year. Kering is the owner of a raft of luxury fashion brands, including Yves Saint Laurent, Bottega Veneta and Gucci, the latter of which comprises…
