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Category: Fashion

Retail Asia23/01/2019
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Fashion

The Lipstick Effect drives South Korea cosmetics sales

1min0
The Lipstick Effect has seen a rise in cosmetics sales despite South Korea’s economic downturn of 2018. The term The Lipstick Effect describes the phenomenon whereby colour cosmetics sales surge during a recession as consumers turn to small-ticket luxuries to lighten their mood. Major South Korean health and beauty retailer Olive Young saw a 35 […]
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Retail Asia23/01/2019
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Fashion

The rise of men’s cosmetics

3min0
Chanel is launching a make-up line entirely for men Boy de Chanel collection in 2019, and other brands might follow. Just as Gabrielle ‘Coco’ Chanel rocked the boat by flouting gender dressing rules in order to marry style and comfort in the early 20th century, the iconic fashion house is stirring the waters once again […]
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Retail Asia23/01/2019
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Fashion

Calvin Klein seeking a New Creative Lead

3min0
Less than a month after announcing the departure of Raf Simons, Calvin Klein is looking for a new creative lead, said a person with knowledge of the business. Chief executive officer Steve Shiffman said in a separate statement on Thursday that the brand will close its 654 Madison Avenue flagship store, which Simons renovated in 2017, relaunch its […]
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Retail Asia22/01/2019
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Fashion

Love Yourself a BTS-themed coca cola

2min0
Coca-Cola launched BTS-themed bottles as part of its “Share a Coke” campaign on Monday. The bottles come in seven different designs – each one representing a member of the K-pop boy group – with inspirational messages referencing the group’s song titles. This year, the special Coke bottle labels read in Korean “Your spring day is today,” “I’m […]
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Retail Asia22/01/2019
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Fashion

Rihanna to launch a fashion house with LVMH

2min0
WWD reported that, according to multiple sources, the Rihanna is working with French luxury conglomerate LVMH to launch a luxury house under her name. It would be the first time LVMH has launched a brand new label since Christian Lacroix in 1987. No word on an official launch date, but perhaps that is why Rihanna […]
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Retail Asia22/01/2019
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Fashion

Tiffany sales reported drops

3min0
US jewellery retailer Tiffany & Co has reported a 1 per cent drop in worldwide net sales and 2 per cent drop in comparable sales for the two months to December 31. While Tiffany sales grew strongly in China over the holiday period, softening in other markets that are more dependent on foreign tourist spending led total […]
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Retail Asia22/01/2019
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Fashion

Vans, The North Face boost parents sales

3min0
VF Brands has posted strong third-quarter results, with balanced growth across its entire portfolio. The US-listed apparel company, which owns and operates Vans, The North Face, Timberland, Wrangler and Lee, among others, says sales grew 8 per cent in the third quarter, to US$3.9 billion. Its share price soared 12.39 per cent after the announcement […]
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Retail Asia22/01/2019
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Fashion

Living Coral proves Color of the Year sells well

4min0
After color forecaster Pantone announced its annual Color of the Year in December, Korean companies, spanning cosmetics brands to hiking-gear makers, have rushed into releasing products in the vibrant hue. According to Pantone, the color was chosen for being “animating and life-affirming” able to energize and enliven with a softer edge. The color, which stands […]
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Retail Asia21/01/2019
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Fashion

Luk Fook sales drop 10 per cent in latest quarter

2min0
Luk Fook sales in the third quarter fell 10 per cent on a same-store basis. “Recent market sentiment has been adversely impacted by the US-China trade war, the depreciation of Renminbi, and downward pressure in the stock and property markets,” said chairman Wai Sheung Wong ina  stock exchange filing. Luk Fook says same-store sales of […]
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Retail Asia21/01/2019
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Fashion

‘KAWS:HOLIDAY’ lands in Taipei

1min0
After KAWS announced that a massive 36-meter-long COMPANION piece would be making its debut in Taipei, the collaborative project with creative studio AllRightsReserved has finally been revealed to the public. The largest sculptural work by the artist to date, KAWS:HOLIDAY depicts the recognizable COMPANION character in a seated position, overlooking Liberty Square in front of […]
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Retail Asia21/01/2019
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Fashion

The Seiko Dream Square opens in Tokyo

2min0
Seiko Watch Corporation has opened an interactive hub of its watchmaking to allow visitors to “look, feel and experience” the rich history and heritage of the brand. The Seiko Dream Square is a new four-story retail complex in the heart of the watch brand’s birthplace in Tokyo’s Ginza district and showcases its heritage of watchmaking […]
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Retail Asia21/01/2019
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Fashion

Jack Wills bags cash injection to save the business

1min0
Creditors of fashion label Jack Wills under HSBC have ordered an assessment of the firm’s finances, according to a report. The news comes just weeks after Jack Wills achieved new investment of £10 million (US$12.8 million), followed by speculation that the company may soon need further financial help – prompting the appointment of advisers from […]
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Retail Asia18/01/2019
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Fashion

Jaspal unveils collection joined by Lynnie Z

2min0
Thai fashion brand Jaspal has opened a new flagship store featuring its limited edition collaboration with London-based artist Lynnie Z. The partnership with Jaspal’s Hi Life collection marks the opening of the brand’s new IconSiam flagship. It is one of a series of partnerships between Jaspal and global artists to ensure that unique styles emerge […]
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Retail Asia18/01/2019
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Fashion

LVMH invests into Gabriela Hearst

2min0
LVMH Luxury Ventures, an investment arm of the multinational conglomerate, has taken a minority stake in New York-based luxury label Gabriela Hearst. The terms of the deal were not disclosed, although LVMH Luxury Ventures typically invests between €2 and €15 million. Hearst, who ran contemporary-priced label Candela for more than a decade before launching her upscale […]
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Retail Asia18/01/2019
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Fashion

Poh Kong Malaysia to open three more stores

2min0
Malaysian jeweller Poh Kong plans to open three more stores this year, boosting its profit. The improved profit is also likely to be driven by  higher gold prices, tipped by some to range from US$1300–$1400 per ounce later this year. The firm’s new stores will open in IOI Mall Puchong, Aeon Nilai and South Key […]
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Retail Asia17/01/2019
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Fashion

Bossini losses set to double

1min0
Bossini International has warned the group is expected to record a loss attributable to owners of between HK$23 million and $28 million (US$2.93 million to $3.6 million) for the six months to December – roughly double the loss of the same period last year. Chairman Bess Tsin said in a stock exchange filing that the […]
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Retail Asia17/01/2019
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Fashion

Richemont Group sales soars after YNAP acquisitions

4min1
Richemont Group sales soared 24 per cent in December quarter, to €3.915 billion. It was largely down to the inclusion of online acquisitions Yoox-Net-A-Porter (YNAP) and Watchfinder, which were consolidated into the group’s accounts on May 1 and June 1, respectively. But even excluding that, the sales growth was still strong at 5 per cent […]
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