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Tag: Versace

Retail Asia13/01/2021
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Fashion

Versace Macau boutique reopens at Four Seasons

2min0
Versace announced the re-opening of its boutique in Macau. Situated in the upscale Shoppes at Four Seasons, the store is located at the city’s premier luxury destination. Inspired by Medusa’s hypnotic gaze, the boutique has been renovated following a new concept created by renowned architect Gwenael Nicolas. An impressive ceiling embellished with concentric golden louvers surrounding a […]
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Retail Asia19/03/2020
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Fashion

Versace launches on Lotte Premium Mall

1min0
Italian luxury fashion brand Versace opened a store on e-commerce site Lotte Premium Mall in South Korea on Monday. Lotte Department Store says the store is a collaboration with the official importer Versace Korea and the online mall. Forty lines of Versace products, including ready-to-wear and accessories including wallets, belts, clutches and jewelry is showcased […]
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Retail Asia22/08/2019
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Fashion

Versace adds gloss to Capri results

6min0
At headline level, the latest Capri results looks to have been a good quarter for the fashion retail owner, with revenues up by a solid 11.9 percent. However, the results are far from spectacular. The uplift in revenue is all a function of the inclusion of sales from Versace, which was not part of the […]
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Retail Asia26/07/2019
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Fashion

Versace China opens Beijing flagship Store

2min0
Versace China’s new flagship has opened in Beijing as part of a concerted plan by the fashion label’s new owners to expand its footprint globally. Launching in Beijing’s China World Mall to bring its store network to 53 outlets, the more than 4300sqft two-level boutique features a marble-based store design overseen by French architect Gwenael […]
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Retail Asia27/06/2019
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Fashion

Versace to expand Asian store network

3min0
More stores, broader range, fewer brands as fashion icon tries to double sales. Versace will open its largest store yet in China this week, part of a concerted plan by the fashion label’s new owners to expand its footprint globally. Capri Holdings, which also owns Michael Kors and Jimmy Choo, bought Versace from Donatella Versace […]
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Retail Asia09/01/2019
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Fashion

New Michael Kors to increase focus on Asia

4min0
With the completion of its acquisition of Versace, global fashion group Michael Kors Holding has successfully transitioned into its new identity as Capri Holdings Limited. The group, which now owns Michael Kors, Jimmy Choo and Versace, hopes to leverage its brands to grow group revenue to US$8 billion, while increasing its exposure to the Asia […]
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Retail Asia06/11/2018
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Fashion

Versus to merge into Versace Jeans line

3min0
It has only been a month since Versace announced it was to be sold to Michael Kors’ parent company Capri Holdings for a reported sum of 2.12 billion dollars. As an early indicator of change, and perhaps cost-saving measures under its new structuring, Versace is to integrate its Versus line into Versace Jeans. Versace Chief Executive Jonathan […]
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Retail Asia22/10/2018
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Fashion

More brands join anti-fur movement

10min0
Among the investors who snapped up shares in luxury e-commerce marketplace Farfetch after its September IPO was one buyer with little interest in operating profits or projected revenue. People for the Ethical Treatment of Animals pounced on shares in the newly public company so it could make its case directly to ban fur sales on the platform. They needn’t […]
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Retail Asia26/09/2018
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Fashion

Michael Kors-Versace deal confirmed

4min0
Michael Kors Holdings LTD confirmed earlier reports that it would buy all outstanding shares from Versace for around $2.1 billion. It also announced the group will officially be called Capri Holdings Limited, named after the island of Capri, which the company referred to as an iconic, glamorous destination. The renaming of the group was expected, […]
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Retail Asia18/12/2017
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Fashion

2017 has been Donatella Versace’s year

9min0
In 1997, Gianni Versace was murdered on the steps of his Miami Beach home. His grief-stricken sister, Donatella, suddenly found herself in charge of the family company. Twenty years later, she has chosen to take this anniversary and make it extraordinary, hijacking the style agenda to the extent that fashion journalists have been calling 2017 […]
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Retail Asia13/12/2017
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Fashion

Ferragamo and Versace watches to innovate

11min0
It is no secret that retailers, distributors and manufacturers need to find new ways to meet consumers’ changing expectations in the luxury and fashion markets. These changes in consumer behavior led Paolo Marai, president and CEO of the Timex Group Luxury Division, which manages the timepiece business for Salvatore Ferragamo, Versace and Versus Versace, to appoint the MadaLuxe […]
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Retail Asia27/11/2017
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Fashion

Dutch chain Topshelf to close down

2min0
Dutch department store operator Topshelf appears to be closing down. The company has announced its last store in Alkmaar will close in mid-January, following the shuttering of stores in Arnhem, Nijmegen and Groningen. The company has not filed for bankruptcy and it says it will continue to employ existing staff as it quits remaining stock. […]
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Retail Asia17/01/2017
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Fashion

Versace Hong Kong opens flagship store

3min0
Versace Hong Kong has opened a flagship store in the Shanghai Commercial Bank Tower in Central. Covering about 743 sqm, it features men’s and women’s ready-to-wear and accessories. It joins standalone stores for the Italian fashion house at Gateway Arcade, MixC Mall, Pacific Place and Sogo Causeway Bay. The flagship incorporates traditional Italian architectural values […]
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Retail Asia09/12/2016
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Fashion

Ralph Lauren Hong Kong closes flagship

3min0
Following other international fashion labels, Ralph Lauren Hong Kong has closed its flagship store. Four years ago, its then CEO Ralph Lauren said the company was transforming its presence in China, “a region we believe will become an important driver of growth for us over the long term”. He was announcing plans to open 60 […]
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Retail Asia26/09/2016
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Fashion

Antonia debuts in Asia at Macau

1min0
Multi-label Italian luxury fashion retailer Antonia has opened its first store in Asia, at The Parisian Macao in Macau. Designed by architect Vincenzo de Cotiis, the 3000 sqm store features such brands as Gucci, Rick Owens, Sacai, Saint Laurent, Valentino and Versace. The store is run in partnership with Modern Avenue, formerly the Canudilo Group. […]
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Retail Asia02/08/2016
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Fashion

Takashimaya Vietnam opens doors

8min0
Three years after the Japanese luxury department store chain announced plans to enter Saigon, Takashimaya Vietnam opened its doors at the weekend. As the anchor tenant of  downtown Ho Chi Minh City’s Saigon Center, Takashimaya takes up a whole five floors making it by far the nation’s largest department store – and likely its most […]
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Retail Asia02/05/2016
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Fashion

Versace Asia to open Central flagship

2min0
While other luxury brands are scaling back in Hong Kong’s subsiding retail market, international fashion brand Versace Asia plans to open a flagship store in Central in October. Shanghai Commercial Bank says the Milan-based fashion house has signed a three-year lease, with an option to renew, for 12,600 sqft (1170 sqm) on the ground and […]
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Retail Asia29/04/2016
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Fashion

MCM aims to double sales in five years

2min0
German accessories brand MCM, owned and run by South Korean entrepreneur Sung-joo Kim, aims to more than double sales to RM7.8 billion (US$2 billion) within five years. Founded in Munich in 1976, MCM is known for its colourful $700 studded canvas backpacks. It  plans to expand in markets from Japan to Europe. “We have not […]
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