Fashion

Youth consumers drive APAC’s luxury retail market: report

Brands are adopting strategies to connect deeper with younger luxury consumers.

Youth consumers drive APAC’s luxury retail market: report

Brands are adopting strategies to connect deeper with younger luxury consumers.

Pandora to build crafting facility in Vietnam

The jewellery brand will invest $100m for the building of the new facility.

Adidas, Foot Locker enter strategic partnership

They target retail sales to exceed $2b by 2025 under the partnership.

LVMH’s Celine launches flagship store on JD

The luxury fashion brand is showcasing its 520 capsule handbag series on the store.

Nike’s Singapore and Malaysia outlets now owned by GMG

The new operator has expressed plans to expand their footprint in Asia.

Shein launches new purpose-driven collection

The “evoluSHEIN” line offers sustainable products supporting a women’s nonprofit.

Malaysia-based Vertice disposes stake in Kumpulan Voir for $2.08m

Its fashion retailing business has recorded net losses since 2017.

UNIQLO Japan profit sees ‘considerable dip’ in H1 2022

Its operating profit stood at ¥80.9b, a 17.3% drop.

India’s apparel sales to return to pre-pandemic levels in 2022: GlobalData

This will be driven by increased urbanisation in the country.

Eland Retail fined $3.33m by South Korean regulator

The regulator said the company gave undue financial support to its parent company.

Athleisure market to grow 25% by 2025: GlobalData

The market is expected to be valued at $551b by 2025.

Zalora label enters Indian market in Myntra partnership

It will offer some 5,000 options on Myntra from its portfolio.

Cosmetics brand Etude House stops offline Singapore operations

The company will be operating in Singapore purely online.

Jewelry brand Qeelin launches on JD’s platform

The company is bringing three new series of jewelry on the platform.

UNIQLO, Japan Tennis Association extend sponsorship agreement

The clothing retailer will supply match apparel and training wear in 2022.