Fashion

Over two-thirds of largest fashion firms score low in sustainability

Only H&M scored high in the Fossil Free Fashion scorecard. 

How Japanese brands can capture young Chinese consumers

Brands may bank on Mangas and Animes, GlobalData said. 

Indonesian’s evolved self-care habits open opportunities for brands

Nearly 60% of Indonesians say looking good makes them feel confident. 

World of Flight opens first Jordan-only store in Japan

The Jordan World of Flight Shibuya is also the first in Asia. 

L’Oreal invests in biotech for sustainable beauty

This is to include more plant-based ingredients in their beauty products. 

How cosmetics brands in India could gain consumer loyalty?

GlobalData suggested that brands highlight their stance on equality issues. 

Bvlgari wants to tap into China’s male fragrances market

The market is projected to surge at a 10% compound annual growth rate between 2023 and 2027. 

adidas’ Greater China market posts revenue decline

Its revenue from the market dropped by 36% in 2022. 

Prada sees 2% sales decline in APAC in 2022

Retail sales stood at €1.23m (US$1.30b). 

adidas sees US$746m loss in 2023

This is due to the “adverse impact” of the Yeezy write-off.

L’Oreal posts 6.6% sales growth in North Asia in 2022

Its sales amounted to €11.32b (US$12.07b). 

24-hour beauty: Coty SEA blends physical and digital space for limitless store access

Coty SEA stores offer services that give the same customer experience online.

Luxury sales in China to rebound to 2021 levels this year

This comes after the luxury market contracted in 2022. 

China’s luxury market sees more ‘Very Important Clients’ despite 2022 contraction

VIC sales were higher than the 40% global average, Bain & Company reported. 

China’s luxury market contracts by 10% in 2022

This is the first time the market shrunk in the last five years.