high end brands

Retail Asia07/01/2019

Toy company MGA Entertainment has preemptively sued Louis Vuitton in an attempt to prevent the fashion house from taking actions that might impact sales of its slime-filled children’s purse Pooey Puitton. Filed 28 December 2018 in Los Angeles federal court, the lawsuit aims to prevent any potential claims of trademark infringement that Louis Vuitton might have against the plastic, poop-shaped purse. […]

Retail Asia21/11/2018

New data from Bain & Company shows global luxury goods sales will struggle to maintain growth, as the US-Sino trade war and other geopolitical events impact on consumer confidence. In June, Bain said the personal luxury goods market was “on a tear” this year and would grow by between 6 per cent and 8 per […]

Retail Asia15/11/2018

Furla Group continues to grow, with 252 million euros in turnover in the first half of 2018, a 10.6% increase at constant exchange. Turnover increased in the first part of the year across all markets. In particular, the Asia Pacific region registered a 28.6% increase at constant exchange, while Japan saw a 9.5% increase. The […]

Retail Asia14/11/2018

Richemont sales in Asia Pacific surged 20 per cent in the first half of this year with the region the group’s single-largest market, accounting for 37 per cent of total sales. The increase was fuelled by the inclusion of the Yoox Net-A-Porter (YNAP) business into the Swiss-headquartered multibrand luxury retailers figures for the first time. […]

Retail Asia07/11/2018

Last month, Chanel reported its financials for the first time in its 108-year history, lifting the company’s traditional veil of secrecy, in part, to quash speculation that it could be acquired. The disclosure revealed that the French luxury giant generated $9.6 billion in sales last year – just a shade behind LVMH cash cow Louis Vuitton. What’s […]

Retail Asia07/11/2018

Kering, which owns Gucci, Saint Laurent and Balenciaga, said it planned to buy back up to 1 percent of its share capital over a 12-month period. According to the luxury-goods group, the total amount of the share buyback agreement would not exceed €300 million (about $342 million) and the price would not exceed €480 per share. A stock buyback, […]

Retail Asia06/11/2018

International lifestyle magazine publisher Condé Nast has confirmed it’s entry into the Hong Kong market. It will launch a local edition of fashion bible Vogue, which is set to debut in spring 2019. Vogue Hong Kong will be the 26th edition of the glossy publication and will be published under a licensing agreement with Rubicon Media. Desiree Au has […]

Retail Asia22/10/2018

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Vestiaire Collective is refreshing its image as the luxury resale site looks to grow sales in Europe and Asia. The branding changes involve a new, black-and-white logo, that will feature on updated packaging. Vestiaire Collective is also launching a campaign which promotes resale as a modern alternative for the luxury and sustainability-conscious consumer. It will roll out […]

Retail Asia22/10/2018

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 […]

Tag: high end brands

Pooey Puitton toy purse makers file lawsuit against Louis Vuitton

Global luxury goods sales drop: Bain

A look into Furla recent success strategy

Yoox Net-A-Porter acquisition boosts Richemont sales

Chanel’s recipe for success revealed

Why is Kering buying its shares back?

Vogue Magazine makes debut in Hong Kong

Rebranding for luxury resale site Vestiaire Collective

Tod’s chairman denies rumours about a possible sale