Fashion

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16/05/2024 The TikTok ban could hurt small businesses that prosper thanks to mobile users ( General )
16/05/2024 WhatsApp could add a new sticker-related feature very soon ( General )
15/05/2024 Facebook and Instagram experiencing outages along the East and West Coasts of the U.S. ( General )
14/05/2024 Qantas to launch new route from Manila to Brisbane ( General )
13/05/2024 Meta expands paid verification service for businesses ( General )
10/05/2024 For complex iPhone AI tasks, Apple will use cloud-based servers running M-series chips ( Electronics )
10/05/2024 Samsung plans to add $1B to Vietnam investment annually ( Electronics )
08/05/2024 Digital content exporters open foreign offices to avoid tax ( General )
06/05/2024 WhatsApp’s new status update tray with previews is rolling out more widely in beta ( General )
02/05/2024 A Deep Dive into Grade A Buildings in Hong Kong ( General )
02/05/2024 Shopee races past other e-commerce rivals ( E-Tailing )
30/04/2024 TikTok, Facebook, and other foreign service providers pay $575M in taxes ( General )
29/04/2024 Sacombank assures no loss on $141M loan to Bamboo Airways ( General )

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 Asia09/12/2022

Levi’s will be launching new stores and rolling out existing store refreshes as well as new in-store services throughout the East Asia Pacific (EAP) region. New stores are expected to launch this year in Singapore, Malaysia, Indonesia, Japan, Australia, and Thailand. This is part of the company’s plans to accelerate sustainable business and commercial growth in the EAP region. Its stores […]

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Retail Asia07/12/2022

Patrizio Bertelli, the current CEO of the premium brand, will be chosen chairman at the annual shareholder meeting next spring. He will succeed Paolo Zannoni, who will be proposed for the position of executive vice chairman of the group and chairman of Prada Holding, the parent firm. Current Co-CEO Miuccia Prada, age 73, will continue […]

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Retail Asia28/11/2022

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Louis Vuitton on Friday announced plans to open a dedicated furniture and homewares store in Shanghai, a world first for the French luxury brand as it aims to expand further into lifestyle offerings to affluent Chinese clients. The appointment-only showroom, which will open on Monday, is located in a century-old three-storey mansion situated just behind […]

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Retail Asia24/11/2022

The company announced Wednesday that Alessandro Michele is stepping down as Gucci’s creative director. Michele, who has been with Gucci for 20 years, assumed the role in 2015. Before becoming creative director, he was in the company’s shoe and accessories department. “There are times when paths part ways because of the different perspectives each one […]

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Retail Asia22/11/2022

As part of its new store opening in Singapore, Spanish retailer Mango has debuted its ‘New Med’ concept for the first time in Asia, as it continues to follow through on its international expansion. The new 500 square metre space adds to its growth in the region, with it now operating 10 stores in Singapore […]

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Retail Asia17/11/2022

Estee Lauder Cos. Inc. said on Tuesday it agreed to buy U.S. fashion label Tom Ford for US$2.8 billion, its biggest deal yet, adding a line of beauty products and apparel to the Clinique brand owner’s portfolio. Luxury companies have so far enjoyed steady demand for their products, but cracks are starting to show as […]

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Retail Asia09/11/2022

US apparel retailer Gap Inc has agreed to sell its Greater China businesses to Baozun Inc, the e-commerce service provider said on Tuesday, as headwinds persists for global consumer brands in the world’s second-largest economy. Dealmakers have seen opportunities for merger and acquisitions involving multinational firms that look to spin off their China units, as […]

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Retail Asia03/11/2022

South Korean beauty conglomerate Amorepacific has recorded a 15.6 percent year-on-year drop in sales for its third quarter of this year, with operating profit plummeting 62.6 percent to US$13.2 million. In its home market, revenue was down 18.6 percent with operating profit dropping 49.8 percent. Despite a 10 percent increase in online sales, the domestic […]

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Retail Asia01/11/2022

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Fast fashion retailer Shein is set to open its first permanent store in the world – in Japan’s capital Tokyo. The store, located in the bustling fashion precinct of Harajuku, will open on November 13. Shein’s first brick-and-mortar store will display items and styling that caters to the Japanese market. Spanning 201sqm and two storeys, […]

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Retail Asia01/11/2022

Italian fashion retailer Diesel has launched its new flagship store in Japan, at Ginza Marronnier Gate 1, Tokyo. The shop, which features two floors, is designed by creative director Glenn Martins with red and white as the primary theme colors. Diesel says this renovation reflects a refreshed image and looks under Martins’s creative guidance. The […]

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Retail Asia27/10/2022

Chinese fashion retailer Shein has opened its first pop-up store in the Philippines, seeking to build brand awareness in the market. An opening took place last week at Ayala Malls Manila Bay, featuring a fashion runway, partnerships with Alipay+ and its e-wallet partner GCash and Filipina actress Belle Mariano, its newly appointed local brand ambassador. […]

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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 Asia13/10/2022

Japan’s Fast Retailing Co, owner of clothing brand Uniqlo, is expected to post a record annual profit on Thursday as the yen’s slump has boosted the value of its overseas sales even as soaring living costs dampen prospects for retailers. The company, Japan’s biggest retailer, has posted strong performances in North America and Europe in […]

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Retail Asia09/10/2022

Adidas says it is reviewing its Yeezy partnership with Kanye West days after he showed a “White Lives Matter” T-shirt design at Paris Fashion Week. The company did not mention the controversy but said “successful partnerships are rooted in mutual respect and shared values”. The rapper and fashion designer responded on Instagram, claiming the firm […]

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Retail Asia26/09/2022

Esprit has announced London and New York as two new locations for its Futura innovation hubs. Futura is part of its digital strategy to “reinvent customer engagement experiences by turning data into insights, fuelling the brand’s global expansion matched to the fast-growing scale of digital change in today’s fashion retail landscape”. As part of its wider […]

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Retail Asia22/09/2022

Forever 21 and American Eagle Outfitters Inc. are set to return to Japan after both U.S. fast-fashion brands exited the market in 2019, according to company announcements on Wednesday. Forever 21 will begin e-commerce sales next February and open a physical store in the spring, according to Japanese trading company Itochu Corp., which acquired domestic […]

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Retail Asia21/09/2022

Gap Inc is eliminating about 500 corporate jobs, the apparel chain said on Tuesday, as it struggles to protect margins and battles weak sales of outdated clothes at brands including Old Navy. The company is laying off staff and eliminating positions that are currently open across a range of departments, it said. The eliminated roles […]

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Retail Asia21/09/2022

UK fast fashion retailer Primark will make a “responsible exit” from the country following the Ethical Trade Initiative’s (ETI) latest report on human rights and responsible business conduct within the country. Primark described the situation in the country as “extremely concerning and very complex”, with international stakeholders holding differing views as to the best course of action […]

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Retail Asia20/09/2022

Italian luxury brand Furla has announced the appointment of Giorgio Presca as the group’s new chief executive officer, effective immediately. Presca will succeed COO Devis Bassetto, who temporarily held the position of CEO since April, following the exit of Mauro Sabatini. Presca joins the Bologna-based company with 30 years of fashion industry experience. He most […]

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