Fashion
What could make shoppers switch to another luxury brand
What could make shoppers switch to another luxury brand
Chinese consumers give emphasis on whether the brand is aligned with their identity.
China captures luxury brands despite headwinds: report
The luxury retail market will likely grow 6.1% and 6% in 2023 and 2024, respectively.
Is Gen Z becoming the bigger spender in China?
They are rapidly becoming the largest consumer base for luxury brands, KPMG said.
UNIQLO Japan’s operating profit drops by 5.6%
Its operating profit stood at JPY39.4b in the first quarter of FY2023.
Fast Retailing Q1 profit contracts 9.1% in FY2023
This is despite a 14.2YoY revenue growth.
South Korea’s make-up market to surge by 5.5%
This will be driven by product innovation and rising online sales.
Luxury market’s last quarter growth hinges on China’s reopening
It will also be boosted by consumer confidence in Europe and America.
Shein reduces water use in new printing technology
It also accelerates the efficiency of printing.
Luk Fook Group’s net profit inches up by 0.6%
The company’s net profit stood at HK$658m in the six months ending in September.
Vestiaire bans fast fashion brands
This is in support of the circular fashion economy.
Mash may expand luxury brand Gelato Pique after Bain Capital deal
The Japanese apparel maker was recently bought by US-based Bain Capital Private Equity.
Bain Capital to buy majority stake in Japanese apparel maker Mash
Fashion brands under Mash include Gelato Pique, Snidel, and Fray I.D.
Havaianas Asia Pacific pledges to recycle 10% of flip-flops sold
This will be executed through its ReCycle stations.
Yeezy termination drags adidas 2022 outlook
The company ended the Yeezy partnership in October.
adidas AG appoints new CEO
Bjørn Gulden will assume the post in January 2023.
Partygoers are ditching suits and formal dresses
Only 25% prefer wearing formal attire at events.
Rising costs to drive secondhand fashion: report
The apparel resale market to grow 85.5% between 2022 and 2026.
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He stressed that companies can stay ahead by driving personalisation, seamless experiences, and embedding sustainability at the core of their operations.
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Winning at the shelf: Innovative packaging strategies