Category: Fashion

Retail News Asia is committed to providing both local and global retailers with the latest Fashion news throughout the Asian market. This on a daily base.

  • Chow Tai Fook sales slip amid consumer uncertainty

    Chow Tai Fook sales slip amid consumer uncertainty

    Chow Tai Fook sales declined by 11 per cent in same-store sales volume in both Mainland China and Hong Kong & Macau in the December quarter. However the decline in value was less, at 7 per cent in Mainland China and 6 per cent in Macau. Retail sales on the mainland rose by 1 per cent, which seems a modest rate given the company opened 259 new points of sale there during the quarter. Total retail sales value in Hong Kong fell by 1 per cent, despite five new stores opening there.

    In a stock exchange filing, the company said the decline in same-store sales came “amid an uncertain macro environment”.

    In Mainland China, same-store sales of gem-set jewellery declined by 5 per cent, while the average selling price (ASP) fell from HK$6900 in the preceding quarter to $6600.

    In Hong Kong and Macau, gem-set jewellery sales fell by 8 per cent and the ASP from $11,800 to $11,500.

    Sales of gold products in both markets was affected by a decline in volume growth as the gold price strengthened, the company reported. That drove the ASP from $7000 to $7400 in Hong Kong and Macau and from $3900 to $4300 in Mainland China.

  • Luxottica and CDFG/Sunrise launch new Miu Miu colour

    Luxottica and CDFG/Sunrise launch new Miu Miu colour

    Italian eyewear firm Luxottica Group has entered its second partnership with China Duty Free Group and Sunrise Duty Free to offer the latest Miu Miu sunglasses collection. The travel retail exclusive has opened in selected airports and other Chinese travel retail stores, trading a reinterpreted version of Miu Miu’s Noir collection. Pop-up sites and personalised backwalls have been prominently installed in the selected locations amplified by customised brand furniture and trained staff.

    “It is a privilege to partner with China Duty Free Group and Sunrise Duty Free on a second China travel retail exclusive color from Miu Miu,” said Luxottica’s travel retail director Enrico Destro. “Both retailers bring our brands to the heart of the Chinese travelling consumer, presenting the opportunity to collaborate on projects to truly capture Chinese spending power and sophisticated appetite for luxury brands, as well as respond to these consumers increasing demand for unique and exclusive products.”

    “At CDFG, our sunglasses category is growing in sophistication very quickly,” added China Duty Free Group’s fashion department director Lee Meili. “We see a large growth opportunity for the category and we will continue on our path to bring newness and exclusivity to our offer … This exclusive Miu Miu color was specially selected with Chinese travellers in mind, and has been presented in a very compelling launch package.”

  • The Body Shop India to open 20 new stores in 2019

    The Body Shop India to open 20 new stores in 2019

    The concept of beauty has evolved dramatically over the last few years. The desire to look attractive and feel good is at an all time high among consumers from all walks of life. Consumers are continuously looking out for products that make them look good. Innovation, ingredients and integrity are the new buzzwords in beauty. Natural and organic has never been more popular. The movement towards healthier, wellness-oriented lifestyles around the world – complemented by a growing consumer awareness of sustainability, naturality, and ethical sourcing, has influenced personal attitudes towards beauty.

    There has been a huge upsurge of consciousness in beauty purchase – Beauty with Responsibility. Today consumers want to buy beauty products which are chemical free, natural, organic, vegetarian and not tested on animals. ‘Ethical and Clean Beauty’ is indeed on the rise.

    Keeping up with the rising demand, many new brands have entered the beauty retail space in India but brands like The Body Shop which have been there in the industry from past 12 years, has carved a niche for itself.

    Vishal Chaturvedi, General Manager-Retail – India, Sri Lanka and Bangladesh, The Body Shop explains how the brand has become a established household name. He says, “The brand is a one stop shop for new and trending beauty products and ingredients. We have ranges across skincare, bath and body, haircare, make-up, men’s grooming range and gifting. Perfected by centuries of wisdom, the brand brings to its cusotmers the finest natural ingredients, refined textures and delicate fragrances, from purifying and firming clays, sensorial and luxury oils, refining natural scrubs and decadent creams.”

    “We are always on the verge of experiments to bring new beauty formats and testing efficacy to bring the very best to our consumers,” he adds.

    All the products of the brand are made exclusively in the UK and supplied across the world. India is one the fastest growing markets and among the top markets for The Body Shop.

    “We have been in India since 2006 and have 175 stores across the country. We have presence in 60+ Indian cities and over 600 towns and cities through own e-commerce channel. The brand is known for its ethical positioning with strength of natural ingredients, community trade programs, animal cruelty free and 100 percent vegetarian products. The Body Shop has a fast growing consumer base. We are expanding into new markets and are a leading global beauty retailer in the country,” asserts Chaturvedi.

    Store Innovations

    The Body Shop keeps the customers at the centre of their business and their location strategy is driven by the endeavour to reach as many customers across a wide spectrum of segments.

    “We choose locations that allow us access to all kinds of beauty consumers and where we can offer our unique The Body Shop experience,” reveals Chaturvedi.

    The brand’s pillars are naturality, animal cruelty free and activism and the stores celebrate this through their ambience and every customer touch point.

    “Through the stores, the brand offers a heightened personalized experience by unique display of products and experiential zones which uplift the sensorial experience of the customers. We have a marquee Community Wall that specifically talks s about our ongoing ethical campaigns and initiatives,” states Chaturvedi.

    “Our greatest innovation is our beauty experts and advisors. They are the true ambassadors of the brand. The advisors undergo rigorous training and each one of them is well equipped to give a 360° experience of the brand,” he adds.

    Future Plans

    The beauty brand has endeared itself not only to consumers in big cities like Mumbai, Delhi, Bangalore, Chennai, Hyderabad, Kolkata but is also hugely popular in Tier II cities like Guwahati, Siliguri, Jammu, Aurangabad, Patna, Nasik, Mysore, Calicut and many more towns and cities.

    “We shall be opening 20 more stores this year in 2019, establishing our footprint in new cities to make ourselves even more accessible to new customers,” he reveals.

    “Apart from physical presence, we have a very strong online presence. E-commerce is our fastest channel of reaching 600+ cities and towns adding almost 30,000 customers to The Body Shop family every year. Our e-commerce business contributes to 10 percent of our business. We are expecting to grow by 12 percent,” he concludes.

  • H&M Tested New Concept and Digital Developments

    H&M Tested New Concept and Digital Developments

    Global fast-fashion retailer H&M plans to introduce further digital services and features to improve its customer experience both in physical stores and online. The brand launched a series of tests in selected stores last year while rolling out digital features and services to boost its customer offer, experimenting with factors such as the interior and exterior, the product range and the overall look and feel of its stores. The firm also introduced technical solutions to make it easier for both staff and customers to navigate stores and identify fashion favourites.

    H&M plans to continue that work this year in line with the firm’s omnichannel strategy. Testing this year will include cafe concept It’s Pleat, a florist shop-in-shop, self-service checkouts, monogramming services and repair services as well as a digital wall where customers can share their H&M favourites under the #HMxME tag.

    “These stores give us a chance to try out and explore new concepts and activities to make our stores more inspiring and offer customers a great experience,” said H&M MD Fredrik Olsson.

    “We are looking forward to continuously evaluate these tests where we are exploring the strength of a global brand in combination with a more personal touch and local relevance. We are also rolling out digital services and features to offer fashion fans inspiring and seamless shopping in line with our omni-channel strategy.”

  • Uniqlo sales performs well globally, not in hometown

    Uniqlo sales performs well globally, not in hometown

    Fast Retailing Group has reported a decline in revenues for Uniqlo Japan against broader successes internationally in its first quarter. A sharp profit decline on sluggish sales of seasonal ranges during a warm winter in Japan has given rise to disappointing results in the Uniqlo brand’s home territory. Uniqlo Japan posted revenues of ¥246.1 billion (US$2.27 billion), a decrease of 4.3 per cent year on year, with first-quarter profit before taxes of ¥111 billion ($1.03 billion), down 5.7 per cent; and profit attributable to owners of the parent firm of ¥73.4 billion ($678.4 million), down 6.4 per cent. Online sales expanded favourably in the market, however, showing an increase of 30.9 per cent.

    Uniqlo International saw an operating profit far exceeding that of Uniqlo Japan, with revenues at ¥291.3 billion (2.69 billion) up 12.8 per cent. Uniqlo Greater China and Uniqlo South Korea both reported higher sales and profits despite the dampening effect of the warm winter. Uniqlo Southeast Asia & Oceania continued to report significant revenue and profit gains.

    The report said Fast Retailing’s consolidated business estimates for the financial year ending August 31 remain unchanged from the initial forecasts released last October, predicting an 8 per cent expansion in revenue and 14.3 per cent increase in operating profits.

  • L’Occitane adds Elemis to portfolio

    L’Occitane adds Elemis to portfolio

    Hong Kong-listed cosmetics retailer L’Occitane International is to buy privately owned beauty and skincare brand Elemis for about US$900 million. “This is L’Occitane’s largest acquisition since listing and a major step forward in building a group of premium beauty brands,” said CEO Reinold Geiger in a statement.

    The move is part of a strategy to boost L’Occitane’s sales in the UK and the US. In a statement, the company said the the deal will allow Elemis to expand into new markets and boost L’Occitane’s business in markets in which it is not so strong as yet.

    L’Occitane has agreed to buy the Elemis brand from Steiner Leisure, which owns the US business, and Nemo UK, which owns the European business.

    The deal, to be funded by cash and bank loans, will be closed in the first quarter of this year.

    L’Occitane, which listed in Hong Kong in 2010, currently has 3285 outlets in 90 countries, including 1555 stores it owns and operates directly. Last financial year it achieved a profit of €141 million on sales of €1.3 billion.

  • How Richemont is plotting Yoox Net-a-Porter’s expansion with Alibaba

    How Richemont is plotting Yoox Net-a-Porter’s expansion with Alibaba

    While 2018 saw several luxury conglomerates consolidating their empires through brand acquisitions, others like Yoox Net-a-Porter looked to strategic partnerships. With the new Richemont and Alibaba deal, the company is now able to better bring its retail offerings to the world’s largest luxury audience: China.

    As Richemont’s takeover of e-commerce giant Yoox Net-a-Porter has come to a completion, the Swiss-based luxury group is mapping out its growth ambitions for the platform and working towards solidifying its leadership position in the online space.

    Among Richemont’s top priorities: Tapping into the China opportunity.

    Yoox Net-a-Porter’s presence in the region has been limited to date, as the company lacks the logistical tools to service the market. But as Richemont is looking to scale YNAP post-takeover, China – which is expected to account for half of the global luxury market share by 2025 – can no longer be ignored and provides a viable avenue to achieve the kind of growth the group is looking for.

    Richemont Partnership

    That’s why Richemont formed a strategic partnership with Alibaba earlier this year, that will enable the company to bring all of Yoox Net-a-Porter’s retail offerings to Chinese consumers.

    As part of the joint venture, Alibaba will provide the technology infrastructure, marketing support and payment logistics to power the launch of two new apps, for Net-a-Porter and Mr. Porter.  In addition, both Net-a-Porter and Mr. Porter will open online stores within Alibaba’s Tmall Luxury Pavilion.

    The venture is focusing on YNAP’s on-season, premium luxury sites for the moment. But the company added that in the future Yoox and the Outnet, which sell off-season, discounted stock, and Watchfinder which sells second-hand watches online, will also be able to benefit from the tie-in.

    Johann Rupert, Richemont’s chairman, said that the venture recognizes the growing importance of Chinese consumers both at home and abroad, and readies the company to build up its China business, which is currently still “in its infancy.”

    “We believe that partnering with Alibaba will enable us to become a significant and sustainable online player in this market,” said Rupert, adding that the investment costs of the deal were relatively small and that the company sees clear potential in the tie-in, despite the stagnation in consumer growth in China and the brewing trade war with the U.S. “We would not have done this deal if we could not see potential in the medium and long-term future. Everybody is excited about China and Chinese travellers, and we thought this was the best way to go. We don’t have the tools for China, but Alibaba is a vast ecosystem and marketplace.”

    “Plug and Play” Approach

    The deal has received positive feedback from retail analysts too, who see potential in the strategic marrying of YNAP’s strong brand relationships and curated approach, with Alibaba’s e-commerce leadership in the region, as well as its logistical, technological and marketing capabilities.

    “It’s a sensible move with an obvious appeal, of tapping into Alibaba’s pool of 600 million potential customers,” said Paul Thomas, retail consultant at the U.K.-based firm Retail Remedy, adding that Alibaba’s anti-counterfeiting efforts across all platforms are also more closely aligned with YNAP’s values than other Chinese e-commerce players.

    According to Thomas, partnering with a local player and adopting a “plug and play” approach into China’s bigger digital ecosystem is the best way to go, even for established e-commerce companies.

    “This deal should accelerate YNAP’s top line development in Asia, which only accounted for the group’s sales in 2017,” added Royal Bank of Scotland retail analyst Rogerio Fujimori, explaining that the company is more likely to see sales growth in the long term, given the increasing competition in the e-commerce space.

    The E-commerce Market in China

    Other players like Farfetch, have also been making waves in China.

    The online marketplace – which was valued at $5.8 billion following its IPO – scored a $397m investment from JD.com last year, to help expand its China business. It also purchased Chinese marketing platform CuriosityChina to add to its branding services and be better positioned to help fashion houses amplify their presence in the Chinese market via local social media platforms and digital marketing initiatives.

    “YNAP’s long-term sales potential looks compelling but the increasing competition in the e-commerce space means that higher investment power will be required,” added Fujimori.

    Mario Ortelli, partner at consultancy Ortelli & Co, seconded his thoughts saying that Richemont’s targets to expand into new territories and become more agile are still “a work in progress” and it will take some time until the group can increase value for its shareholders and ensure YNAP becomes profitable.

    For YNAP, the Alibaba deal will also provide an important new growth avenue that will help outweigh the recent loss of a significant portion of its online flagship business. Kering ­– rival luxury group to Richemont – has pulled out of its joint venture with YNAP, through which the company was powering the online platforms of Kering-owned labels such as Alexander McQueen, Bottega Veneta, Balenciaga and Saint Laurent.

    In the longer term, the deal could also provide a gateway into China for Richemont-owned brands such as Cartier, Piaget, Jaeger-LeCoultre and Vacheron Constantin, which have slowly been embracing the world of online commerce joining the carefully curated fine jewellery and watch hubs of Net-a-Porter and Mr Porter – a new, growing category for the platforms that is also providing another additional means of achieving scale.

  • Nike appoints new Converse CEO

    Nike appoints new Converse CEO

    In the week leading up to Christmas 2018, Nike Inc. said it has recruited a new leader for its Converse brand, naming G. Scott Uzzell as its president and chief executive officer, to helm the heritage sneaker company in the New Year. Uzzell replaces Davide Grasso who has decided to retire at the end of this calendar year. He will report directly to Michael Spillane, President, Categories and Product, Nike Inc.

    Effective January 22, 2019, Uzzell’s new appointment comes at a time when the brand is setting “the stage to move into new spaces by reconnecting to its heritage in sport,” according to a press release in December from Nike Inc.

    “Scott’s unique blend of experience driving both strategic business growth and strong brand development is well-suited to help unlock the full potential of the Converse Brand and lead its next phase of growth globally,” said Michael Spillane, President, Categories and Product, Nike Inc.

    Uzzell comes to Converse from The Coca-Cola Company, where he most recently served as President, Venturing & Emerging Brands Group (VEB).

    As head of Coca-Cola’s VEB Group, the consumer goods executive led a portfolio of high-growth brands for The Coca-Cola Company, including Honest Tea, ZICO Coconut Water, Fairlife Milk and Suja Juice.

    Uzzell began his career within sales and marketing for companies such as Procter & Gamble, Coca-Cola and Nabisco, before returning to Coca-Cola in 2000 in the Strategy & Planning division. Since then, he has held a number of leadership positions across its business including McDonald’s U.S. Division, Global New Business Development, Global Marketing, ZICO and VEB.

    In addition, he is a member on the boards of State Bank and Trust Company; Fairlife and Suja Juice Company, as well as being a member of the Florida A&M University Foundation Board and is part of the Executive Leadership Council (ELC).

    Founded in 1908, Boston-based Converse is today owned by Nike. Converse shoes are sold globally in over 160 countries.

  • Burberry and Louis Vuitton lose counterfeiting appeal in Singapore

    Burberry and Louis Vuitton lose counterfeiting appeal in Singapore

    Burberry and Louis Vuitton have lost their appeal in a trademark dispute against local transport company Megastar Shipping. The luxury brands alleged that Megastar Shipping had handled counterfeit goods in Singapore that were headed for Indonesia, citing the Trade Marks Act that states a trademark is infringed by any person found to import or export goods using that mark without the proprietor’s consent.

    The upper division of the Singapore Supreme Court found this week that Megastar was not the importer of counterfeit goods shipped from China that were seized in March 2013, and was only intended to handle the goods in transit to their final destination in Indonesia. Megastar Shipping had been listed on seaway bills and arrival notices as the consignee of the goods.

    The appeals court ruled that the protection of IP rights had to be balanced against extending liability for infringement to “honest commercial persons who happened to be tangentially involved” in the shipping of counterfeit goods.

  • Sa Sa sales drops in HK, Macau

    Sa Sa sales drops in HK, Macau

    Sa Sa International sales slipped 2.2 per cent in the latest quarter, with same-store sales in Hong Kong and Macau down 3.7 per cent. The company says that while the transaction volume of mainland tourists rose 5.8 per cent in the three months to December 31, transactions by locals fell 5.2 per cent. However the average sale to tourists fell by 6.1 per cent and just 0.2 per cent to locals.

    Sa Sa International’s retail and wholesale turnover in markets outside Hong Kong and Macau (including Mainland China, Singapore, Malaysia and e-commerce) increased by 1.3 per cent in the third quarter.

    “[Hong Kong] consumer sentiment remained sluggish due to the weaknesses in RMB exchange rate and stock market under the continued shadow of the Sino-US trade war,” said chairman and CEO Simon Kwok in a stock exchange filing.

    “In addition, the new e-commerce law passed by the Chinese government in August came into force early this year and made daigou traders more cautious in running their businesses. The group’s sales performance was affected and negative growth was recorded in both retail sales and same store sales in the Hong Kong and Macau markets in November and December.”

    Kwok said that since the launch of the Hong Kong section of the Express Railway Link, the Group’s SaSa stores located in the Hong Kong West Kowloon station and the neighbouring Tsim Sha Tsui district have been reporting satisfactory sales performance. However, the increased influx of mainland tourists via the new Hong Kong-Zhuhai-Macau Bridge were mainly sightseeing trippers with limited purchasing power and barely contributed to the group’s overall sales in Hong Kong.

    “Nevertheless, the group believes the two mega infrastructure projects will attract more mainland travellers with higher consumption when they are gradually consummated. The group remains optimistic towards the outlook of Hong Kong and Macau markets in the middle to long run under the favourable development of the Greater Bay Area.”

    Kwok said Sa Sa International will strengthen promotional efforts to boost traffic and sales in physical stores to offset a decline in the online-driven daigou business.

    “Digitalisation and information technology enhancement will be sped up to improve operational efficiency and shopping experience. In addition, the group will seize the opportunities brought by the Greater Bay Area to achieve sustainable business development for the group,” he said.

  • Korea’s Beyond Closet confirms strong potential at Pitti Uomo

    Korea’s Beyond Closet confirms strong potential at Pitti Uomo

    Korean label Beyond Closet, showing for the third time at Pitti Uomo for the ‘Concept Korea’ project, won over the audience with a stylish, highly colourful catwalk show.bThis season perhaps even more so than in the past, Beyond Closet’s self-taught designer Taeyong Ko proved he is truly well-versed in his craft. It is surely not by chance that his menswear label, whose style is defined as “classic, with a twist,” managed to double its multibrand clients from one season to the next, growing from 15 to 30, chiefly in South Korea.

    Taeyong Ko, who in his younger years was a swimming enthusiast, and cut his fashion teeth working in a clothes shop, has managed to create a highly distinctive, recognisable style through a classic wardrobe with a preppy vibe, infused with a touch of slightly humorous extravagance that is never excessive.

    Taeyong Ko’s main strength is his ability to subtly blend genres and to create looks that are as original as they are attractive. His style is all about the way he plays with the accessories and the details which spice up Beyond Closet’s looks, as well as how he mixes and matches materials and registers. As he quipped backstage: “I dress men whose uniqueness lies in their own style.”

    The show’s setting was reminiscent of a military encampment, with tents erected in a desert-like environment, and you could hear a motorbike revving up as the first models strutted out on the catwalk to the notes of Lou Reed’s ‘Walk on the Wild Side’. Trousers gathered at the ankles, woollen check shirts and oversize parkas alternated with Price of Wales suits and navy-style looks, a nod to the theme chosen by Taeyong Ko this season, translating into sailor-style pea-jackets with golden buttons worn over striped tops, small scarves knotted around the models’ necks.

    The mood was both relaxed and elegant, as in the case of the dandy ambling around in tracksuit bottoms and furry mules, sporting a classic tweed jacket, or in tartan trousers and a navy-style cardigan.

    There was an emphasis on snug, ultra-warm items for protection against the cold, like plush coats and boiled-wool tops, fleece sweaters worn under jackets, oversize turtlenecks and curly-wool tracksuit bottoms, not to mention sundry jackets with generous collars and lapels, all strictly fur-lined, and an assortment of quilted trousers and jackets, featuring colourful patchwork fabrics in menswear’s classic printed motifs, like checks and houndstooth patterns.

    The whole collection is made even sharper by the great attention paid to details and colour combinations. For example, the back of a khaki jacket is embellished with a vertical string of golden buttons. Elsewhere, in the guise of knee or elbow pads, Taeyong Ko opted for a kind of rectangular fitted panel, while some of his grey felt shirts featured ample pockets in brightly coloured nylon fleece, gloves in bright yellow leather were matched with a Prince of Wales checks look, and royal blue or velvet flaps livened up a classic trench coat.

    The designer also played with layering and trompe l’oeil effects, as with the Teddy-style sweater whose back morphs into a grey nylon jacket, or the pinstripe jacket which strays into baseball kit territory, sporting the number 27 on the reverse side. Other examples are the overcoat which unexpectedly turns into a wind-breaker or the jacket which becomes an orange waxed top.

  • Ombre Lane India wins seed funding

    Ombre Lane India wins seed funding

    Indian women’s workwear brand Ombre Lane has received seed funding from a group of angel investors. The investment group includes ex-LinkedIn India CEO Akshay Kothari, LinkedIn general counsel Aditi Jha, and director at Bristol-Myers Squibb US Neeraja Balachander. The fashion start-up plans to use the funds to establish Ombre Lane as a go-to destination for modern Indian women seeking to buy functional office-wear styles. Forecasting a five-fold annual growth rate, the brand plans to scale significantly over the next year while staying focused on building the brand.

    The brand, launched by sisters Shweta and Prachi Sharma, launched with the motto of making women feel confident as well as comfortable at work. It conducted extensive surveys to establish average body shapes and sizes of Indian women, finding that more than 70 per cent of Indian women have a pear-shaped body and an average height of 5 feet 2 inches, while more than 75 per cent of Western workwear available on the Indian market is made for a woman with a height of 5 feet 7 inches and the more rectangular body shape common in the west.

    The market for women’s workwear in India is expected to grow in double digits over the next five years. Ombre Lane offers shipping throughout India via its e-commerce platform ombrelane.com.

  • Organic Footwear: Is the Indian consumer ready?

    Organic Footwear: Is the Indian consumer ready?

    Footwear brand Neeman’s has partnered with The Woolmark Company – the global authority on wool – to launch a range of shoes made from 100 percent Merino wool. The eco-conscious brand showcased its attractive range of men’s shoes in New Delhi.

    Neeman’s is India’s first footwear brand to use natural, renewable and biodegradable fibre in its shoes. The brand’s footwear collection comprises joggers (multi-functional, lightweight running shoes), classic sneakers with a modern twist, and simple, yet elegant, loafers in subtle colours, fit for all occasions. Its shoes are suitable to wear throughout the year with the ability to withstand every weather condition.

    Celebrating the unique organic inclusion in Indian lifestyle through their exclusive men’s shoes, Taran Chhabra, Founder, Neeman’s explains that it was his own personal struggle to find a shoe that could truly provide all-day comfort. “This led me to look beyond synthetic fibres and my search ended with the naturally versatile Merino wool fibre,” he stated.

    Ajay Pradhan, Marketing Manager, The Woolmark Company, India says, “The Woolmark Company is looking at innovative ways to showcase the versatility of the Merino wool fibre and this collaboration with Neeman’s allows us to do exactly that. Merino wool is the world’s most revolutionary natural fibre that’s trans-seasonal, breathable and has a variety of eco-credentials, making it the perfect addition to your wardrobe be it in the form of luxury apparel or innovative. We cannot wait for consumers to try them and experience the natural benefits and versatility of Merino wool.”

    The Idea Behind Neeman’s

    Neeman’s focuses on two core principles – true comfort and creating a culture of sustainability.

    “We are focused on bringing truly comfortable footwear that looks good, feels good and is good for the planet. Today, when the whole world is talking of organic and natural resources, we decided to take undervalued ‘comfort’ for wearers to the heart of the shoe industry and follow nature’s path of environmental sustainability using natural fibres along with recycled and renewable materials,” Chhabra says.

    While in the pursuit to understand footwear manufacturing, Taran Chhabra had travelled to many footwear manufacturing hubs around the world and what he saw left him perplexed. He found that footwear manufacturing units use too many synthetic materials like nylons, polyesters and leathers and consume a lot of non-renewable resources like petroleum in the manufacturing process. Apart from this, the industry is responsible for emitting a huge amount of carbon dioxide into the atmosphere.

    “According to a recent study, around 10 percent of the carbon dioxide that is emitted in the atmosphere is by footwear units alone. So these things kind of hit me,” he explains.

    As a result, while making Neeman’s, he made a conscious decision to remove everything synthetic and unnecessary, and kept only the stuff that was required to actually make shoes. He chose a natural fiber like Merino wool from Australia in-place of synthetic materials. Merino wool is a superfine and lightweight fiber with features like moisture-wicking and breathable, naturally odour resistant and keeps skin cool and dry even in extreme temperatures.

    “Merino wool comes from Merino sheep, and all it takes is water, sunshine and grass to raise them. So we are not spending any energy, we are not emitting any carbon dioxide into the atmosphere, we are not using any petroleum based oils and we are preserving our environment,” he says.

    Another important component within a shoe is the insole. Traditionally the insole is made of petroleum based foams. Neeman’s also reduced the amount of petroleum based foam with a natural plant-based castor bean oil and recycled rubber.

    A Global Brand

    The shoes—conceptualised in America and designed in London—are made from the finest Merino wool sourced from Australia. The Merino wool then travels to South Korea, where it goes through a proprietary process of combing, drawing, steaming and being made into a fabric. There, three different type of fabrics are being produced, one for the shoe upper, another for the insole and a third for lining the shoe. Then the fabric travels to China, where a highly specialised women-owned shoe manufacturing unit—which has been in operation for the past 30 years—assembles the shoes. After that the shoes finally reach India to be sold.

    Market, Consumer & Retail Strategies

    The opportunity for brands like Neeman’s in India is immense. “The Indian footwear market is very vast. India is the second largest in terms of footwear manufacturing and the third largest in terms of consumption. It is just behind China,” says Chhabra.

    Operating within the premium range, the brand’s target consumers are the one who seek comfort. Precisely, any male from 26 to 40 years is its target customer. “Just by looking at the consumption rate in India, there is a vast segment that looks at economy range but there is still a major segment that looks at premium range and we fall within the premium segment,” he says.

    At present, it is being sold through its website (www.neemans.com). Being a direct-to-consumer, the brand has excellent customer acquisition strategies to share, such as educating its consumers through content on social media. “We plan to travel and organise several demo locations, pop-ups locations within major places where people can come and experience our products,” Chhabra says.

    The brand is taking expansion slowly

    “We aren’t giving our shoes to outlets for now. The focus is to drive people to our website and help them understand what Neeman’s stands for. So right now we are keeping a very close hold on how and where our product is being represented. Right now our focus is India and then may be to spread Neeman’s to different countries within Asia in the next year,” he concludes.

  • Shilla duty free open new store

    Shilla duty free open new store

    Shilla Duty Free opens at Gimpo International Airport’s international terminal on Wednesday. The duty-free store run by Hotel Shilla was approved by the government in June last year in a bid against Lotte Duty Free. The duty-free store is renting the place for five years.

  • United Colors Of Benetton appoints new Artistic Director

    United Colors Of Benetton appoints new Artistic Director

    Fashion designer Jean-Charles de Castelbajac has been appointed artistic director of the United Colors of Benetton men’s and women’s collections. “We are happy to welcome Jean-Charles de Castelbajac into our big family,” announced UCB Chairman Luciano Benetton.“His experience, charisma and ability to forecast tomorrow’s social and fashion trends will constitute a great asset for our brand.”

    Castelbajac has a long career that spans from design to painting, advertising and street art. He debuted in the fashion world in 1968, when he launched a brand created in collaboration with his mother. He then went on to inspire fashion trends such as the ‘anti-fashion’ movement and the alternative use of objects to decorate garments.

    In 1974 he co-founded Iceberg. In 1978 he founded maison Jean-Charles de Castelbajac, which he left in 2016. Over the years he has also collaborated with Max Mara, Ellesse, Courrèges, Rossignol, and Le Coq Sportif. Born from a mix of punk and pop, his style is characterized by the use of strong colors and pop icons, the mix of old and new and a whimsical and irreverent touch.

    “An iconic brand, United Colors of Benetton envisioned the world of today: a pop, colorful, affordable and universal fashion, enhanced by Oliviero Toscani’s powerful images,” commented Castelbajac. “United Colors of Benetton and I have always had a similar take on fashion, characterized by the passion for knitwear and the love of pop and rainbow colors.”

    Castelbajac and Benetton also share a passion for contaminating fashion with art. In his career, the French designer befriended and worked with artists such as Andy Warhol, Miguel Barcelo, Keith Haring, Jean Michel Basquiat, M.I.A and Lady Gaga. His creations have been displayed at New York’s Institute of Fashion and Technology, London’s Victoria & Albert Museum and the Galliera Museum in Paris. In 2018 he was guest artistic director at the Paris Biennale.

    “Thanks to social networks, fashion today is visible to everyone. But it remains affordable only to a few,” Castelbajac said, adding: “Together, United Colors of Benetton and I will seek to create tomorrow’s wardrobe, bringing beauty and style to everyday life, at prices that everyone can afford.”