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Retail Asia31/10/2018

WatchTime New York, America’s largest public watch event dedicated solely to collectors and enthusiasts, wrapped up its fourth year in Manhattan at Gotham Hall today. The two-day event began with a sold-out VIP cocktail party on Friday, October 26, followed by a full day of exciting panels, seminars, tours, and events on Saturday, October 27. […]

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Retail Asia30/10/2018

Bangkok’s CentralWorld shopping centre is home to the newly opened Skechers Thailand flagship store. The North American footwear company says Thailand represents its fastest-growing market in the region which is why the store, at 275sqm, is its largest yet in Southeast Asia. In the first nine months of the year, sales grew by more than […]

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Retail Asia30/10/2018

Bata Malaysia has opened the first Bata Kids concept store at Sunway Pyramid. Located on the first floor of the mall, the store offers children’s footwear and accessories from brands such as Bubblegummers, Disney’s Marvel, Hello Kitty, Barbie, and My Little Pony. “The flagship store is carefully constructed to be fun and colourful in order […]

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Retail Asia30/10/2018

Pandora has recently opened its fifth store at New Delhi Terminal 1D. This will be the third store opening in 2018 for Pandora. The brand launched its first store at DLF Mall of India, Noida in April 2017, followed by Select Citywalk in September 2017, DLF Promenade in April 2018 and Galleria Market Gurgaon in June 2018. […]

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Retail Asia30/10/2018

Alibaba is to launch Yoox Net-A-Porter China after entering into a partnership with Yoox’s owner, Swiss luxury fashion group Richemont. Under the partnership, YNAP and Alibaba will establish a joint venture (JV) to launch two mobile apps for YNAP’s Net-A-Porter and Mr Porter multi-brand, in-season online stores for consumers in China. Alibaba will provide technology […]

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Retail Asia30/10/2018

U.S. sports apparel company Brooks Running is considering shifting its manufacturing operations from China to Vietnam to avoid trade war tariffs. The firm’s CEO Jim Weber said Monday that the impact of President Donald Trump’s trade war with China is going to put a 45-percent tariff on his company’s running shoes. “We’re preparing for a […]

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Retail Asia30/10/2018

Esprit sales slumped further in the first quarter as the embattled fashion brand’s store network continued to shrink. In a stock exchange filing on Friday, Esprit said group revenue for the quarter to September 30 slumped 16.2 per cent year on year in local currency while its own offline store sales area reduced by 10.6 […]

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Retail Asia30/10/2018

Puma worldwide sales increased by 17 per cent on a constant currency basis in the first nine months of this year as the sportswear label achieved growth in every region. Asia and the Americas drove sales, with both markets achieving double-digit growth year-on-year. Sales for the period reached €3.422 billion, with gross profit margin by […]

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Retail Asia30/10/2018

The Incheon International Airport Corporation is planning to open Korea’s first on-arrival duty-free store in May next year. The airport operator announced on Sunday that it has commissioned a study to look into how it can optimize the duty-free service, which will be concluded by the end of the year. The study will focus on […]

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Retail Asia29/10/2018

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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, bettered only by North America’s 36.1 per cent increase. Growth in online sales […]

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Retail Asia29/10/2018

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Asia has proven to be the core driver of Moncler sales growth year to date. The edgy Italian fashion house which specialises in outdoor wear reported a 23 per cent increase in global sales this week in the nine months to September 30, measured in constant currency. But Asia and the ‘rest of world’ (which […]

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Retail Asia29/10/2018

Japanese jeweller Kataoka has opened its first store in the US. In stark contrast with the firm’s 700sqft shop in Tokyo, the new 1600sqft New York flagship has been located in the trendy Tribeca neighbourhood to reflect Kataoka’s brand identity with its historic look. The store has been distinctively designed with a blend of Japanese […]

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Retail Asia29/10/2018

Korean cosmetics firm The Face Shop has lost a trademark infringement case filed against it by French luxury brand Louis Vuitton. The infringement case relates to Face Shop’s collaboration with American brand My Other Bag, known for its parodies of luxury products. LV has unsuccessfully pursued My Other Bag for damages in American courts. Seoul’s […]

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Retail Asia26/10/2018

Hong Kong-listed, Luxembourg-headquartered beauty products retailer L’Occitane has reported healthy sales growth on the back of a key acquisition. Same-store L’Occitane sales in Hong Kong rose 18.6 per cent on a currency-neutral basis in the six months to September 30, and by 14.1 per cent in Mainland China. Chairman Reinold Geiger said the Hong Kong […]

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Retail Asia26/10/2018

Long, 23, was frustrated that he was not able to get a pair of glasses that were comfortable, of good quality, long lasting and somewhat unique. These are qualities people generally want in personal wear, especially one that adorns their face for most of the day, but Long was finding that such expectations were not […]

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Retail Asia26/10/2018

The Louis Vuitton New Delhi flagship store is being expanded. The French luxury house, which has been present in India for 15 years, is expanding its DLF Emporio Mall outlet to another floor, and will for the first time house men’s and women’s ready-to-wear collections. The store’s decor uses both vintage pieces from Paris and […]

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Retail Asia26/10/2018

After the success of Fila India’s flagship heritage store in Mumbai, Fila has just launched its new heritage store in Pune. Sneaking its way into the affluent neighborhood of Viman Nagar at the bustling Phoenix Market City mall Pune, the store is a 1,068 sq. ft. mecca for sneakerheads and sports fashion enthusiasts alike. The bold, oversized, backlit logo is […]

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Retail Asia26/10/2018

The first full-range Victoria’s Secret Malaysia store has opened. Located in Mid Valley Megamall, the boutique has been launched by the US brand’s regional partner Valiram Group, which is also behind Victoria’s Secret stores in Macau, Bali and Singapore, (but not Hong Kong and Mainland China). It is reportedly planning more stores in Jakarta, Bangkok […]

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Retail Asia26/10/2018

Speaking at the 2018 Milano Fashion Global Summit, Tod’s Chairman and CEO Diego Della Valle denied rumours surrounding a possible sale of the Tod’s group, reports WWD. The report quoted Della Valle saying: “This rumor is a “recurring” one, but “if we really had to do an operation, it would be to buy, not to […]

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Retail Asia26/10/2018

Embattled UK fashion retailer New Look is to quite China, closing some 130 remaining stores. The move follows a strategic review of the China business announced back in June, when the company put the brakes on an ambitious 450-store rollout plan after opening just 148. New Look has appointed property specialist CBRE to find new tenants […]

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