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 International poses ‘significant’ profit increase in H1 2022
It saw a nearly 50% increase in profit to ¥100.3b.
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.
Reliance Retail buys nearly 90% stakes in Clovia fashion business
The investment was worth INR950m.