Fashion
Luxury market’s last quarter growth hinges on China’s reopening
It will also be boosted by consumer confidence in Europe and America.
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.
UNIQLO International operating profit rises 42% in 2022
Its Europe and US markets particularly saw a large improvement.
Nike’s net income stumbles 22% in Q1 2023
Its net income stood at $1.46b in the three months ending in August 2022.
International borders reopening to boost HK’s luxury market
Hong Kong is home to a large number of global luxury retailers.
Tech adoption in luxury goods industry accelerates: report
This enhances customer engagement and operational performance amongst others.
L’Oreal net profit climbs to €3.22b in H1
This is up from €2.36b in the same quarter last year.
adidas CEO steps down
CEO Kasper Rorsted will hand over the position through the course of 2023.
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EY’s Olivier Gergele highlights how retailers can navigate and thrive in today’s complex landscape and evolving consumer preferences
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By implementing a sound omnichannel strategy, prioritising the consumer experience and adapting to changing trends, retailers can differentiate their value proposition.
By implementing a sound omnichannel strategy, prioritising the consumer experience and adapting to changing trends, retailers can differentiate their value proposition.
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1. Here are key consumer trends influencing pet care sales in 2024 2. South Korea’s Paris Baguette opens first Philippine store 3. ZALORA ramps up sustainability amidst rising demand for eco-products 4. Alternative payments dominate Hong Kong's e-commerce in 2023 5. MINISO enhances employee welfare and environmental initiatives in 2023Awards
Jun
11