HANDBAGS

Retail Asia02/03/2021

French luxury group Kering has taken a 5 percent stake in Vestiaire Collective, a leading platform for second-hand clothes and handbags, betting that the booming resale market will help it woo younger and more environmentally conscious shoppers. The purchase is part of a 178 million euro (US$215 million) financing round announced on Monday which valued […]

Retail Asia05/04/2019

Hong Kong handbag retailer Milan Station losses halved last year, despite a 17 per cent fall in sales to HK$264.3 million. The company reported a net loss for the year of $40 million, compared to $80.8 million the prior year, mainly due to decreased rental expenses due to the closure of unprofitable stores, and the […]

Retail Asia05/03/2019

Luxury French brand Faure Le Page will open its first Singapore flagship store this June, at Takashimaya. The store will be the fashion brand’s first in Southeast Asia and its ninth worldwide. Designed to resemble a garden, the boutique will pre-launch a collection of bags and accessories, specially designed for the local market. Known for […]

Retail Asia26/11/2018

Indian-Italian handbag and accessories retailer Da Milano is aiming to be operating 100 stores by the end of this financial year, including in Singapore. The company offers “affordable luxury” items and is likely to open further locations in airports and Tier II and III cities across India. It currently runs 80 stores across the country, […]

Retail Asia17/04/2018

Sandy Friesen’s small and young handmade handbag company Welden generated nearly US$300,000 in gross merchandise volume during a two-day live-streaming event in China. On Alibaba’s C2C marketplace Taobao, the campaign was the New York brand’s first foray into China. It became an instant hit, attracting 808,000 views and 4.06 million likes on the first day. […]

Retail Asia05/01/2018

MCM offers a harmony of art and fashion, introducing works of art and artists. MCM starts art activities in ‘MCM House’ store, Hongdae ‘MCM Popup’ store located in Hongdae youth street in Mapo-gu, and other flagship stores in Seoul. All activities take inspiration from the brand’s identity, and the 70s, years in which the brand was established […]

Tag: HANDBAGS

Kering invests in resale platform Vestiaire Collective

Milan Station losses halve after store closures

Luxury French brand Faure Le Page heading to Singapore

Da Milano aims for 100 stores by year end

Welden handbags flies high in China

MCM stores become art hubs