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Category: Fashion

Retail Asia21/06/2018
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Fashion

Missoni bought by Italian firm

2min0
The Missoni family has relinquished its hold on maintaining full ownership if its namesake Italian label, confirming that FSI Mid-Market Growth Equity Fund will take a minority holding in the brand. Coinciding with the kick-start of Milan fashion week for men last week, the Italian government-backed firm has acquired a 41.2% stake. The Missoni family will continue […]
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Retail Asia21/06/2018
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Fashion

Urban fashion concept at Macau’s City of Dreams

2min0
Luxury retailer DFS Group has launched a new multi-brand concept store World Design Space at T Galleria by DFS at Macau’s City of Dreams. The store introduces emerging international brands in a technologically enhanced shopping environment that features more than 50 visual and audible screens. It targets consumers seeking broad selections of street and urban […]
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Retail Asia21/06/2018
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Fashion

Bottega Veneta appoints British designer Daniel Lee

6min0
A new high luxury designer reshuffle brings some interesting aesthetic food for thought. Bottega Veneta, the quiet power of Italian stealth wealth, has appointed Daniel Lee, a 32 year old British graduate of Central St Martins, to replace its outgoing creative director of 17 years, Tomas Maier. Mulberry poached her head of accessories Johnny Coca to […]
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Retail Asia20/06/2018
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Fashion

Adidas Originals launches new Personalisation System

1min0
Adidas Originals has launched its newest silhouette ‘Point of Deflection System’, which allows customers to create their own sneakers. Inspired by Adidas’ iconic 90s ‘POD System’ technology and engineered with a podular sole unit, the new silhouette is built to create natural motion, flexibility and comfort. To celebrate the launch, global creators including Cali Thornhill […]
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Retail Asia20/06/2018
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Fashion

New Look about to Quit China

2min0
Struggling UK fashion retailer New Look is set to cull its China store network. Weeks after signing a Company Voluntary Arrangement with its creditors and landlords in the UK – a plan which will see it close 60 stores – chairman Alistair McGeorge has cast doubt on the future of the ambitious China plans announced […]
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Retail Asia20/06/2018
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Fashion

Zara owner hits another revenue record

2min0
Inditex Group announced a new first quarter record revenue of €5.7 billion, driven by flagship brand Zara. This marks a 2 per cent increase in net sales growth, up from €5.6 billion in the first quarter of 2017, which was underpinned by solid business performance and same-store sales growth across all geographies. Gross margin rose […]
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Retail Asia20/06/2018
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Fashion

H&M sales stagnates due to record inventory

2min0
H&M sales worldwide – in local currencies – stagnated in the second quarter, reaching SEK 51.98 billion (US$5.88 billion). The poor figure was achieved despite a net increase of 303 stores between May 31 this year and the same time last year, taking the network to 4801. H&M was carrying record levels of inventory estimated […]
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Retail Asia18/06/2018
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Fashion

Off-White heading for more Manila stores

1min0
After the opening of designer Virgil Abloh’s store in Vancouver, Off-White has finally announced its next location will be Manila in the Philippines. It will be the first Off-White retail store to open in Asia for four years. An official announcement via Instagram shows August 1 as the date for the probable opening. The store […]
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Retail Asia18/06/2018
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Fashion

Former Billabong chief bags top job at Gap

3min0
Former Billabong International chief executive Neil Fiske has landed a new job steering the ship for Gap Inc.’s struggling namesake brand. After spending almost five years trying to flip the fortunes of Billabong prior to its acquisition by Boardriders earlier this year Fiske will again be responsible for a disrupted retail business. As the president […]
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Retail Asia18/06/2018
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Fashion

Mon Purse Launches New Retail Strategy

4min0
Design-your-own handbag business Mon Purse is revamping its bricks-and-mortar presence in the US market. After a much-publicised expansion to America through a deal with Bloomingdale’s in November 2016, the Australian e-commerce company has pulled out of the upmarket department store chain, and is gearing up to launch its first standalone store in New York City […]
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Retail Asia18/06/2018
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Fashion

Guess Jeans taking Farmers Market bigger

1min0
Guess Jeans is expanding its Farmers Market concept to global stores until the end of next month. Created by Guess and vintage streetwear collector Sean Wotherspoon, the collection features reworked items from the Guess archives developed in the ’80s and ’90s, with a colour palette derived from the Californian landscape. Key pieces include hoodies, denim […]
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Retail Asia15/06/2018
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Fashion

The rise and rise of Spendless Cosmetics in China

11min0
In just five years, Singapore-based Leza Parker (pictured)’s life has transformed from stay-at-home mum to being the founder/CEO of a US$50 million company selling 15,000 beauty products online. Her Spendless Cosmetics has evolved into a world-first social e-commerce business platform, empowering women all over Asia to earn money working from home with no technology or […]
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Retail Asia15/06/2018
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Fashion

Giorgio Armani Beauty launches in Thailand

2min0
High-end fashion brand Giorgio Armani Beauty has launched its first boutique for southeast Asia, at Central Lat Phrao. Part of the L’Oreal Group, the store stocks Luminous Silk Foundation, Maestro Foundation and My Armani To Go Cushion, as well as the Lip Maestro line. Also available are skincare products and floral fragrances. On the second […]
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Retail Asia15/06/2018
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Fashion

Redesign looms for Bulgari Hong Kong flagship

3min0
Bulgari has reimagined its Hong Kong Landmark Chater flagship with a design concept specially developed by American architect Peter Marino. Opened in 2002, the flagship has been restyled to now occupy more than 3000sqft of the facade of the Landmark Chater. The design draws inspiration from architectural elements of the brand’s flagship store on Via […]
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Retail Asia14/06/2018
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Fashion

Mulberry FY profit falls; to form South Korea JV

2min
Mulberry Group PLC (MUL.LN) said Wednesday that fiscal 2018 pretax profit declined 8% and that it will form a new majority-owned joint venture to develop its business in South Korea. The luxury leather-goods company said it has signed an agreement with SHK Holdings Ltd. to form a new entity called Mulberry (Korea) Co. Mulberry said […]
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Retail Asia14/06/2018
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Fashion

Reebok names new global creative director

3min0
U.S. sporstwear brand Reebok has recruited Nike alumni Karen Reuther to be its global creative director. The Adidas-owned Reebok has tapped Reuther to replace Thomas Steinbruck, who exited the company earlier this year. With 12 years brand creative experience at Nike, Reuther was appointed global creative director at the rival U.S. sports company during her […]
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Retail Asia14/06/2018
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Fashion

Red soles are Christian Louboutin’s trademark

2min0
World-famous designer Christian Louboutin has won a legal battle to protect his brand’s distinctive red soles. In 2012, Louboutin sued rival firm Van Haren for selling high-heeled shoes with scarlet soles, reports bbc.com. Under EU law, companies cannot trademark common shapes of products such as the soles of shoes and Van Haren argued that applying […]
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