Fashion News - Inside Retail Asia
Online sales of second-hand fashion (dubbed “re-commerce”) are expected to reach US$25 billion by 2025.
Ellie Goulding shoes will go on sale in Europe from Wednesday as the UK pop star expands into fashion with Deichmann.
Esprit Holdings reports a “significant recovery” in turning around a HK$238 million loss to a net profit of HK$61 million.
The first Lorna Jane activewear stores has opened in Singapore with a CBD showroom for both stockists and the public.
Indian fashion portal Voonik has raised $6 million from Singapore’s RB Investments and Sequoia.
FJ Benjamin has deepened its losses after discontinuing some of its brands during its second quarter.
Shiseido had net earnings of ¥32 billion yen (US$281 million) last year, but was hit by currency variations.
Soo Kee Group has sealed a deal to form a company with Thai jeweller Aurora Design.
While third-quarter sales grew 9.2 per cent to US$836.7 million for Michael Kors Holdings, revenue fell 3.2 per cent to $1.35 billion.
A 55 per cent revenue drop for Wing Tai Holdings has been offset by gains from its Uniqlo JV in Malaysia and Singapore.
LVMH has launched Luxury Ventures, a new company created to invest in small and promising fashion, cosmetics or accessories companies.
‘Dire’ Ralph Lauren results and disagreement with founder see CEO quit.