Trinity

Retail Asia05/09/2019

Fashion brand owner and retailer Trinity has hailed “a significant turning point” after releasing its first-half year results. “We have begun to reap the fruits of our reform and transformation efforts, most apparent of which is the group’s return to profitability,” said chairman Yafu Qiu. Trinity, which owns fashion brands including Cerruti 1881, Gieves & […]

Retail Asia08/11/2018

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Fung Retailing and Alibaba have formed a strategic partnership to launch more international lifestyle brands in Mainland China. The partnership will bring closer Alibaba’s 600-million user base and Fung Retailing’s 3000+ network of stores across Greater China, UK, France, South Korea, Singapore, Malaysia, Thailand and the Philippines. Its partly- or majority-owned businesses include Circle K […]

Retail Asia28/08/2018

Menswear retailer Trinity has announced double-digit same-store sales growth in its first half year. The period coincides with Shandong Ruyi International Fashion Industry Investment Holding taking a controlling interest in the group last April. During the review period, the group’s total revenue increased by 3.2 per cent compared to the same period last year to […]

Retail Asia22/05/2018

UK Designer Parfums has acquired the fragrance licence of the Cerruti 1881 brand, chairman/CEO Dilesh Mehta has announced. Nino Cerruti founded the brand in Paris in 1967, which is known for its quality products in the world of fashion, accessories and fragrance. Cerruti 1881 executive VP Laurent Grosgogeat says scents have been a major category […]

Retail Asia29/08/2017

Menswear retailer Trinity has recorded a half-year loss it attributes to subdued spending in Hong Kong, Macau and Taiwan, changing buying patterns, the renminbi depreciation and competition. The group loss to shareholders was HK$257 million (US$32.8 million), with revenue at $862.4 million and gross profit $594.3 million, down from $606.8 million for last year’s first […]

Retail Asia24/12/2016

Italian fashion label Salvatore Ferragamo has taken over four JVs created in partnership with Trinity (Fung Group), which distributes the brand in South Korea and Southeast Asia. Ferragamo says it has bought the companies’ 20 per cent share, still owned by Trinity through Trinity Luxury Brands Holdings and Ferrinch. The value of the transaction has […]

Retail Asia18/10/2016

Under the agreement, the carrier will fly freighters on behalf of the New York-based forwarder from Colombo, Sri Lanka to Columbus, Ohio and to East Midlands Airport in the UK. The weekly flight will be operated with Etihad’s Boeing 747-8F, which offers a cargo capacity of approximately 135 tonnes, or one of Etihad’s 777Fs, which have […]

Retail Asia26/07/2016

Trinity Pictures, India’s first franchise feature film studio, is planning two landmark Indo-China co-productions to be released in fiscal 2018, according to Eros International Media. These are Kabir Khan’s travel drama The Zookeeper (working title) and Siddharth Anand’s cross-cultural romantic comedy Love in Beijing (working title), to be co-produced with China’s Peacock Mountain Culture & […]

Retail Asia27/06/2015

Menswear model Trinity has warned it expects to submit a loss within the half yr to June based mostly on preliminary buying and selling figures. The Hong Kong listed retailer and producer, majority owned by Li & Fung, says it has confronted challenges adapting to the weak retail market within the Chinese language mainland and […]

Retail Asia25/03/2015

Li & Fung subsidiary Trinity, which retails high-end menswear Greater China and Europe, has weathered a stagnant home market in 2014. The company posted revenue of HK$2.6 billion (US$335.2 million) and the gross profit was HK$1.9 billion ($244.95 million). The gross profit margin was 74.1 per cent representing a 1.4 percentage point decline due to […]

Tag: Trinity

Fashion retailer Trinity turns a page and readies for a next chapter

Fung Retailing, Alibaba to collaborate bringing lifestyle brands into China

Trinity blooms under Shandong Ruyi

Designer Parfums acquires Cerruti 1881 fragrance licence

Flat revenue leads to loss for Trinity

Salvatore Ferragamo changes the game in Asia

Etihad Cargo has signed a multimillion-dollar deal with Trinity Logistics

Trinity Pictures co-makes two films with Chinese partners

Trinity warns of looming loss

Trinity weathers stagnant China market