10 Corso Como reopens in Tokyo
Italian high-end retailer 10 Corso Como has reopened in Japan with a new partnership. Opening its doors, the Tokyo concepts – two in total – have bowed inside the Sogo-Seibu department store.
View ArticleJD.com and Central Group form partnership in Thailand
JD.com and Central Group have formed a $500-million joint venture in e-commerce and financial technology, as China’s second biggest e-commerce company seeks to boost its presence in Southeast Asia with...
View ArticleFosun and Septwolves eye Bally purchase
Chinese investor firms Fosun Group and Fujian Septwolves are said to be eyeing off the purchase of luxury leather goods brand Bally, which is worth some 600 million euros ($717 million), according to...
View ArticleEstée Lauder appoints new global retail manager
Estée Lauder has promoted Olivier Bottrie to oversee the American cosmetic firm’s international retail and travel operations, taking on the dual title of President Travel Retail and Retail Development,...
View ArticleGiuseppe Zanotti plans Macau, Beijing openings in 2018
Giuseppe Zanotti plans to invest more into Asia in the coming twelve months, according to a recent interview with the luxury brand’s CEO, as it opens two more stores in Macau and Beijing and boosts...
View ArticleEsprit profit soars despite revenue dip
Esprit Holdings saw a three-fold rise in full-year profit on the back of slimmer operating costs, despite an overall dip in revenues for the twelve months.
View ArticleTopshop/Topman New Zealand to close stores
Topshop and Topman New Zealand are closing its Auckland and Wellington store after a failed attempt to find a buyer for the fast-fashion retailer.
View ArticleChiara Ferragni plans 35 China stores
Chiara Ferragni is taking her digital brand to retail outlets. After opening locations in Shanghai and Chengdu this year, Chiara Ferragni and her shoe collection has inked a deal with Riqing Group for...
View ArticleAlexander Wang relinquishes role as CEO
Fashion designer Alexander Wang has stepped down from the role of CEO for his eponymous luxury brand, announcing the appointment of Lisa Gersh as CEO, effective immediately.
View ArticleH&M profits dive 20% on heavy retail discounts
Swedish fashion retailer H&M said third-quarter profits were adversely affected by heavy discounting of the retailer’s summer collection, in a bid to boost sales over the warmer months.
View ArticleHarvey Nichols reveals management changes
High-end retailer Harvey Nichols has revealed a series of management changes, in a bid to turn around a recent drop in profits.
View ArticleHong Kong retail sales see modest growth in August 2017
Hong Kong total retail sales grew 2.7% in August 2017 in value terms, hitting $34.8 billion, according to the Census and Statistics Department (C&SD).
View ArticleCéline opens in Sydney
French maison Céline has opened its second Australian store in Sydney.
View ArticleMichael Kors reopens Makati flagship store
Affordable luxury leather goods brand Michael Kors has finished renovating its flagship store in Manila, reopening to the Filipino customer in October 2017.
View ArticleIsabel Marant debuts menswear
Isabel Marant will officially launch into menswear next season, after French designer Barnabé Hardy revealed on Instagram his arrival at the French fashion house, where he will lead the new men’s line.
View ArticleFerrari opens new Kuala Lumpur showroom
Ferrari has opened a new showroom in Kuala Lumpur in partnership with Naza Italia, the official importer and distributor of Ferrari in Malaysia.
View ArticleCarlyle group acquires stake in Supreme
Supreme confirmed the skate wear brand has sold a 50 percent stake in its business to private equity giant Carlyle for $500 million.
View ArticleL Catterton to sell stake in Singapore restaurant Crystal Jade
L Catterton is looking to sell its majority stake in Singapore restaurant chain Crystal Jade Group, according to local media reports.
View ArticleLVMH third-quarter sales up 12%, China stays strong
LVMH said total group revenues for the recently ended third-quarter reached € 10.4 bn, as Chinese demand for LVMH’s luxury fashion and spirits helped third-quarter sales to rise more than expected.
View ArticleAlfred Dunhill unveils new retail concept in Beijing
Luxury men’s fashion and accessories brand Alfred Dunhill has opened a new store in Beijing. The new Dunhill store opening follows a string of store closures by many luxury brands in China.
View Article
