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Retail Asia04/12/2023

Italian luxury brand Herno has made its first presence in South Korea, in partnership with Shinsegae International. The launch also marks Herno’s first presence in a duty-free shop. Located on the ninth floor of the Shinsegae Duty-Free Myeongdong branch, the store offers its latest winter collection in a variety of colors, with products made primarily of […]

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Retail Asia28/09/2023

Luxury fashion house Maison Kitsune has opened its first physical presence in Vietnam in conjunction with local distributor Tam Son International. The store, located on Trang Tien, one of Hanoi’s busiest streets, combines French and Japanese influences, as well as Vietnamese fine arts and local cultural identity. The store features a stone-paved facade and a […]

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Retail Asia16/08/2023

Finnish lifestyle brand Marimekko is accelerating its expansion plan in Southeast Asia, eyeing entering Vietnam and Malaysia this year under a franchise partnership with Jaspal Group. The expansion, which will include the launch of online stores in both markets, comes after the brand disclosed its Singapore debut with the first store scheduled to open at Ion […]

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Retail Asia25/07/2023

Gap announced that it is appointing Chris Blakeslee as the new President and CEO of Athleta, joining the company August 7. In this role, Blakeslee will drive strategic growth for the portfolio’s nearly $1.5 billion1 women’s active and lifestyle brand, and certified B Corporation, building on the foundation of Athleta’s product innovation and its mission to ignite a community of active, […]

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Retail Asia12/07/2023

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CHARLES & KEITH’s inaugural duplex flagship store in South Korea, situated in the vibrant shopping district of Gangnam, Seoul, is now open. Spanning an expansive area of over 330 sqm, the two-storey flagship store stands as the largest CHARLES & KEITH boutique in South Korea. Staying true to the brand’s signature minimalist aesthetic, the brand-new flagship store […]

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Retail Asia15/03/2023

Chief Executive Officer Toni Ruiz said that Spanish fashion retailer Mango is focusing on U.S. expansion after turning its back on China. After two previous attempts failed, mango is returning to the United States to offer higher-priced clothes meant for special occasions and parties. It will target states where online sales are already strong. The […]

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Retail Asia10/02/2023

Fendi has opened the doors to its first flagship boutique in Seoul, South Korea. Dubbed “Palazzo Fendi Seoul,” the 715 square meter (approximately 7,696 square feet) store is located in the Cheongdam-dong neighborhood of the city and houses the brand’s women’s and men’s ready-to-wear and fur collections, shoes, accessories, leather goods, and home accessories across four […]

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Retail Asia09/02/2023

s to distribute and market the Italian fashion brand Diesel in Thailand and Vietnam, according to the Bangkok Post. Jaspal Group has opened Diesel’s first flagship store in Thailand inside Bangkok’s giant shopping mall CentralWorld, taking Diesel’s store count in the country to four. The new store was designed under the ‘Sunshine’ concept, featuring the brand’s […]

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Retail Asia07/02/2023

H&M’ s two-storey Ion Orchard outlet is closing in March, after a run of more than a decade. Opened in 2012, the store’s last day of operations is on March 12, according to a Facebook post by the Swedish fast-fashion brand on Feb The post added: “But don’t worry. We’ll meet in other places.” The […]

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Retail Asia09/12/2022

Myntra announces the launch of global designer-led fashion brand, Kenneth Cole, further boosting the portfolio of international brands available on its platform. A brand with huge international repute, Kenneth Cole offers unique premium products catering to an urban and socially conscious audience between the age group of 22-35 years to begin with, the brand will […]

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Retail Asia13/10/2022

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US luxury fashion label Ralph Lauren has launched a cafe in Malaysia, part of its plan to strengthen its presence in the Southeast Asia market. The new coffee shop is located at Pavilion Kuala Lumpur, right next to its fashion retail space. It provides both on-site and takeaway services and is adorned in Ralph Lauren’s […]

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Retail Asia11/07/2022

British luxury fashion house Burberry is the latest luxury brand to withdraw from Hong Kong’s famous shopping street Canton Road. The closure of the three-storey store came after Burberry shut its prominent Russell Street flagship last year, highlighting its struggles in a market still heavily impacted by Covid-19 restrictions. Canton Road is known as a […]

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Retail Asia27/06/2022

H&M has shut its flagship Shanghai store, its latest closure in China where consumer demand has slumped amid COVID-19 lockdowns and the fast-fashion retailer has borne the brunt of a backlash against companies that refuse to use Xinjiang cotton. Although it was open earlier this month, the three-storey building in downtown Shanghai was on Friday […]

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Retail Asia08/06/2022

The owner of Japanese clothing brand Uniqlo said on Tuesday it will raise prices on some goods this fall, reflecting increasing cost pressures from the weak yen and logistical hurdles. Prices on fleece goods and down jackets in the fall/winter product lines will go up by 1,000 yen (US$7.54), a spokesperson confirmed, after an earlier […]

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Retail Asia26/01/2022

Japanese fashion brand Uniqlo plans to open its first store in the northern city of Hai Phong this summer. It will be a 2,000-square-meter outlet at Aeon Mall Le Chan. Uniqlo, which came to the Vietnamese market two years ago, now has 10 stores in Hanoi and HCMC. Globally, it has over 2,300 in 25 […]

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Retail Asia16/11/2021

Double-digit sales growth in China, South Korea, and the Americas underpinned a 37-per-cent lift in first-half sales for luxury fashion group Burberry to US$1.63 billion. The lift reflected a recovery in-store sales as Covid-related lockdowns and trading restrictions eased in the six months to September 25, compared with the same period a year earlier when […]

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Retail Asia08/11/2021

Global apparel retailer UNIQLO today announces that UNIQLO BEIJING SANLITUN Global Flagship Store will open on Saturday, November 6. The company’s third global flagship store to open in Mainland China and the first in Beijing, the new store will engage with Chinese traditions and society, incorporating technology, art, culture, creativity, and sustainability to create China’s […]

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Retail Asia28/10/2021

Love, Bonito today announced the close of its Series C funding round, raising a total of US$50Million. The round was led by Primavera Capital Group, a global investment firm whose previous investments include Alibaba, ByteDance, Yum China and Mead Johnson China. Adastria and Ondine Capital participated in the round too. Love, Bonito’s current investors include Openspace Ventures and Kakaku.com. Proceeds […]

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Retail Asia28/10/2021

Esprit CEO, president, and executive director Mark Daley has exited the company after less than a year at its helm due to personal family matters. “Mr Daley has confirmed that he has no disagreement with the board and there are no matters in relation to his resignation that need to be brought to the attention […]

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Retail Asia15/10/2021

Japan’s Fast Retailing expects continued recovery in sales and profits in the year to August 2022 as the pandemic abates, the owner of clothing brand Uniqlo said on Thursday. The company said it expects operating profit to climb 8.4% to 270 billion yen ($2.4 billion) in fiscal 2021-22. For the year ended in August, it […]

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