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Category: Fashion

Retail Asia31/08/2018
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Fashion

Runway-inspired Michael Kors store opened in Malaysia

1min0
Michael Kors Malaysia is opening a runway-inspired store at Suria KLCC. The launch is part of the US fashion label’s Runway 2020 strategy intended to modernise its business, which also includes the introduction of e-commerce and wearable technologies to the label. Designer Michael Kors’ strategy was announced last year and will involve an overhaul of […]
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Retail Asia31/08/2018
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Fashion

How blockchain is disrupting fashion

9min0
One of the most cutting-edge development is the incorporation of blockchain technology. Blockchain is a global online database that anyone with an internet connection can use, but it doesn’t belong to anyone. Block What? A blockchain is a distributed database maintaining a constantly-growing list of data records secured from tampering and revision. The data are recorded in a blocks […]
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Retail Asia30/08/2018
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Fashion

GEO X HBX launches in HK

1min0
First launched as a merchandise project by London based designer in 2016, Geo Owen is very well known for his album art, tour merchandising, and prints for Kanye’s coveted YEEZY Season One. After years of experience, Geo Owen has now created GEO, a Ready-To-Wear label that is inspired by the study and understanding of the human […]
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Retail Asia30/08/2018
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Fashion

Shilla Duty Free wins Gimpo’s bid for L&T concession

1min0
Shilla Duty Free wins the bid against Lotte Duty Free for Gimpo International Airport’s five-year liquor and tobacco concession. Gimpo is South Korea’s third busiest airport and the core duty categories will now be divided between South Korea’s two biggest duty free retailers – Shilla and Lotte. Last month, the two travel retail giants were shortlisted for the five-year […]
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Retail Asia30/08/2018
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Fashion

Emperor Watch & Jewellery profit jumps high

2min0
Emperor Watch & Jewellery cites “strong momentum in luxury consumption” as the reason for a massive profit boost in the first half of this year. Total sales surged 34.3 per cent to HK$2.454 billion (US$312.6 million), as inbound tourism arrivals from the mainland recovered and Hong Kong retail sales rose. Revenue from its core, home […]
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Retail Asia30/08/2018
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Fashion

Musinsa : Online shop creates offline opportunities

5min0
Online fashion retailer Musinsa held a presentation to introduce its newly opened Musinsa Studio and announce its goal of reaching a total sales volume of 1 trillion won (US$902 million) by 2020 in Dongdaemun, central Seoul. Musinsa, Korea’s largest online fashion retailer, was founded in 2001 as a fashion message board where users shared fashion […]
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Retail Asia30/08/2018
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Fashion

Ermenegildo Zegna acquires Thom Browne

8min0
The Italian company Ermenegildo Zegna Group has acquired 85 percent of the business at a $500 million valuation. Browne is the sole other shareholder. The American designer label, best known for its intellectual and imaginative take on silver-spoon tropes — most notably, its signature shrunken grey suits — is partnering with a strategic investor on […]
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Retail Asia29/08/2018
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Fashion

The Children’s Place growth is satisfying

1min0
US apparel chain The Children’s Place has recorded same-store sales growth of 13.2 per cent – its highest ever comparable sales gain. Five years ago, The Children’s Place revealed plans to close 300 stores across the US and focus its efforts on stores located in the best malls. To date it has closed 191. Second-quarter […]
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Retail Asia29/08/2018
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Fashion

Uniqlo takes on H&M in its home market Sweden

6min0
Fast Retailing, the world’s third largest apparel company behind the brand Uniqlo, threw down the gauntlet against world number two Hennes & Mauritz on Friday, opening its first store in H&M’s home market of Sweden, as it makes further inroads in Europe. “This is a big step toward becoming a global brand,” Chairman and CEO Tadashi Yanai said. He usually spends […]
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Retail Asia29/08/2018
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Fashion

L Brands slides as sales slumps for Pink lingerie

5min0
L Brands, parent of Victoria’s Secret, Pink, La Senza and Bath & Body Works, has reported a drop in sales and earnings for the second quarter. Teen-focused diffusion-brand Pink, now a US$3 billion business which achieved $12 billion in sales last year, is suffering from decline in its core US market, where it seems exposed […]
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Retail Asia28/08/2018
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Fashion

Foot Locker revealed Asia expansion plan

2min0
New York-based athletic retailer Foot Locker has announced plans to expand into Asia. The Foot Locker Asia ambition was laid out in the group’s second quarter report, which showed a US$88 million net income compared $51 million takings for the same period the year previous. However, poor store traffic throughout the period contributed to the […]
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Retail Asia28/08/2018
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Fashion

Galaxy watches go on sale this week

3min0
Samsung Electronics’ new smart watches will go on sale today. Out of two new Galaxy Watch models, one works through a connection to a smartphone via Bluetooth. Its sales start today. The second, which operates totally independently via phone networks, will be available for purchase on Friday. Each type of smart watch, the fifth series […]
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Retail Asia28/08/2018
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Fashion

Travelon will open first standalone store in Philippines

2min0
Chicago-based travel product retailer Travelon has opened its first standalone store in the world – in the Philippines. The brand specialises in anti-theft luggage – bags with straps that cannot be cut, slash-proof materials, locking zips and even RFID-blocking technology. The brand has been represented in the Philippines by Primer Group since 2011, with the […]
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Retail Asia28/08/2018
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Fashion

Rado new Suria KLCC boutique open door

1min0
Swiss watchmaker Rado has launched a new boutique at Suria KLCC. The brand’s largest store in Malaysia, the store’s layout represents Rado’s latest minimal design concepts contrasted with textured and handcrafted materials. Rado is generally known for its use of unusual materials to create exceptionally durable watches. The store is exclusively hosting the brand’s new […]
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Retail Asia28/08/2018
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Fashion

SportsDirect Malaysia opens its largest store

1min0
SportsDirect Malaysia has opened its largest store yet in the country, at Section 51A. The British sporting goods retailer’s new Petaling Jaya flagship, together with sister company MST Golf, comprise a 41,000sqft joint destination that is the largest sporting goods retail outlet in the country. The opening reflects the reportedly significant success of the brand […]
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Retail Asia28/08/2018
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Fashion

Trinity blooms under Shandong Ruyi

2min0
Menswear retailer Trinity has announced double-digit same-store sales growth in its first half year. The period coincides with Shandong Ruyi International Fashion Industry Investment Holding taking a controlling interest in the group last April. During the review period, the group’s total revenue increased by 3.2 per cent compared to the same period last year to […]
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