Fashion

APAC, US to drive global luxury apparel market growth: report

The APAC luxury market will post a CAGR of 7.9% between 2022 to 2025.

APAC, US to drive global luxury apparel market growth: report

The APAC luxury market will post a CAGR of 7.9% between 2022 to 2025.

Fragrances now wear the ‘lipstick effect’

Replacing lip products, scents topped ZALORA’s beauty category both in 2020 and 2021.

Australian skincare market to reach $1.6b in 2026: report

This will be led by the hand and facial care categories.

L’Oréal’s BOLD invests in Japanese beauty startup

This is the company’s first venture capital investment in Japan.

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.