Fashion

Nike’s net income stumbles 22% in Q1 2023

Its net income stood at $1.46b in the three months ending in August 2022.
21 hours ago

Nike’s net income stumbles 22% in Q1 2023

Its net income stood at $1.46b in the three months ending in August 2022.
21 hours ago

International borders reopening to boost HK’s luxury market

Hong Kong is home to a large number of global luxury retailers. 
1 day ago

Tech adoption in luxury goods industry accelerates: report

This enhances customer engagement and operational performance amongst others.

L’Oreal net profit climbs to €3.22b in H1

This is up from €2.36b in the same quarter last year. 

adidas CEO steps down

CEO Kasper Rorsted will hand over the position through the course of 2023. 

Reliance Brands ‘well positioned’ to tap India’s luxury apparel market

The company recently partnered with Balenciaga amongst other high-end brands. 

Reliance Brands brings Balenciaga to India

The company will be the sole India partner of the luxury brand in India.

Prada posts over €180m net income in H1

This is despite seeing sales drop in its APAC business.

NIKE net income slips by 5% in Q4

Its sales were dragged by its Greater China market. 

LVMH posts 23% profit growth amidst CN business disruptions

Lower revenues were seen in Asia due to lockdowns in China.

Adidas revises 2022 outlook amidst ‘slower-than-expected’ recovery in Greater China

The company expects a double-digit decline rate during the rest of the year.

MICHAEL KORS debuts on JD.com

JD.com now features over 300 premium brands.

L’Oreal achieves carbon neutrality across all North Asia sites

This covers Mainland China, Japan, South Korea, Hong Kong, and Taiwan. 

First Nike Style concept store opens in South Korea

It is located in Hongdae in the capital Seoul.

Longchamp opens flagship store on JD.com

This brings the number of luxury brands on JD to over 300. 

Thailand skincare market to exceed $3b in 2026: report

It is projected to see an average of of 3.8% growth annually.