Fashion
UNIQLO International poses ‘significant’ profit increase in H1 2022
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.
Zalora label enters Indian market in Myntra partnership
It will offer some 5,000 options on Myntra from its portfolio.
Cosmetics brand Etude House stops offline Singapore operations
The company will be operating in Singapore purely online.
Jewelry brand Qeelin launches on JD’s platform
The company is bringing three new series of jewelry on the platform.
UNIQLO, Japan Tennis Association extend sponsorship agreement
The clothing retailer will supply match apparel and training wear in 2022.
L’Oreal sees over 17% sales growth in North Asia
Sales reached €9.86b in December 2021.
Yves Saint Laurent rolls out Valentine’s Day products to JD consumers
All products could be delivered to consumers within 24 hours.
China dampens Pandora’s 2021 performance: report
And yet, the market remains high up Pandora's priorities.
Henkel to acquire Shiseido’s APAC Hair Professional business
Shiseido will retain 20% share in the Japanese entity to back business growth.
Uniqlo Japan same-store sales slip by 7.1% in January
This was due to a lack of inventory of thermal clothing.
Cettire enters China’s online luxury market
Cettire will be available to Chinese consumers in the second half of the year.
Reliance Brands, Rahul Mishra partner to bring new exclusive RTW collection
The JV plans to have dedicated flagship stores at fashion capitals in the next 5 years.
Commentary
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