Tag: Christian Dior

Retail Asia13/04/2021
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2min0
Expensive luxury brands are racking up strong sales in South Korea, despite the coronavirus outbreak. Consumers, denied overseas travel, have resorted to spending on luxury goods instead, gaining popularity among the MZ Generation (millennials and Generation Z) in particular. The Financial Supervisory Service reported that Christian Dior Couture Korea Co, the South Korean branch of […]

Retail Asia31/01/2019
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7min0
The world’s largest luxury retailer LVMH shrugged off broader market pessimism overnight reporting record revenue of €46.8 billion last year, up 10 per cent over 2017. Excluding the closure of the unprofitable Hong Kong airport duty-free business in December 2017, the group’s organic growth was 12 per cent. Every business division delivered what the company […]

Retail Asia29/01/2018
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3min0
It has been another record year for luxury products group LVMH Moet Hennessy Louis Vuitton. Revenue increased by 13 per cent year on year to reach €42.6 billion (US$52.9 billion), while organic revenue growth was 12 per cent. All business groups recorded double-digit organic growth with the exception of wines and spirits, where second-half growth […]

Retail Asia25/04/2017
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3min0
Ginza Six, one of the largest commercial complexes in Tokyo’s Ginza district, will open tomorrow. At Ginza’s 6-chome block, the retail venture was jointly developed at a cost of about ¥86 billion (US$12.4 billion) by companies including J. Front Retailing, which runs the Daimaru and Matsuzakaya department stores, and Mori Building. Ginza Six has about […]

Retail Asia19/04/2017
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4min0
LVMH sales surged 15 per cent in the latest quarter to €9.88 billion (US$10.477 billion). That was nearly €400 million more than analysts had been expecting, with the result driven across all of the luxury group’s business units. Fashion and leather goods, which account for more than half the company’s turnover, rose 15 per cent […]

Retail Asia25/02/2017
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2min0
Tokyo’s Ginza district is gearing up for the opening of its biggest shopping centre, Ginza Six mall. It occupies the site of the former Matsuzakaya Ginza department store, which closed in June 2013. Ginza Six mall has a total floor area of about 150,000 sqm over 19 floors. Its commercial offering takes up the second […]

Retail Asia23/12/2016
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3min0
Luxury brand group LVMH is thinking about taking its eyewear business in-house. This could be a further blow for Italian eyewear group Safilo, which lost the Armani licence in 2013 and those for the Kering Group labels (Alexander McQueen, Bottega Veneta, Gucci and Saint Laurent) at the end of 2014, reports CPP-Luxury.com. Italian investment bank […]

Retail Asia17/09/2016
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3min0
As Macau resorts swing the spotlight from gaming to shopping, designer labels are lining up to open their first stores in the former Portuguese colony. Established brands have already led the way, and the opening of two major resorts has introduced a broad choice of new retail space. Both the US$4.2 billion Wynn Cotai Palace […]

Retail Asia03/03/2016
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3min0
Global duty-free retailing is expected to reach nearly US$98 billion in revenue by 2019, according to a new study by global technology research and advisory company Technavio. With the expansion of low-cost airlines, many middle-class travellers are taking inexpensive holidays, a trend that has helped the Asia Pacific and Middle East emerge as the fastest-growing […]

Retail Asia09/02/2016
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2min
Dior inaugurated a brand new boutique in China at the end of December 2015. Located in the heart of the Beijing central business district in the China World mall, the boutique is the largest Christian Dior flagship in China, joining a network of 20 plus stores in the country. Designed by American architect Peter Marino, […]


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