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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.

  • Swedish Chic Hits Bangkok: Acne Studios Launches First Store in Thailand at Siam Paragon

    Swedish Chic Hits Bangkok: Acne Studios Launches First Store in Thailand at Siam Paragon

    Acne Studios, a leading fashion house from Sweden, has made its debut in Thailand with the inauguration of its first outlet at Siam Paragon, located in Bangkok.

    Design Aesthetics

    The new store, nestled in the heart of the city’s primary shopping area, mirrors the brand’s distinctive, minimalist retail design concept with a specific emphasis on materials. Conceived by the brand’s creative director Jonny Johansson in collaboration with Halleroed, a renowned Swedish architecture firm, the store’s innovative design language is seamlessly integrated with Acne Studios’ worldwide aesthetic.

    Pink granite is the highlight of the store’s design, utilized extensively throughout the facade, flooring, and structural pillars. It plays a pivotal role in establishing the brand’s unique visual identity and setting a unique ambiance for the store.

    Product Range

    The Siam Paragon store will showcase Acne Studios’ Autumn/Winter 2025 collections for men and women. Customers can also shop for shoes, accessories, and the brand’s latest product, the Camero bag.

    Expansion in Asia-Pacific

    The opening of the Bangkok store marks yet another milestone in Acne Studios’ ambitious expansion plan across the Asia-Pacific region. The inauguration follows closely on the heels of the recent launch of a flagship store in Tokyo’s Aoyama district, as the brand seeks to intensify its presence in key regional markets renowned for high-end contemporary fashion.

    Questions & Answers

    What design concept does the new Acne Studios store in Bangkok follow?
    The store mirrors the brand’s distinctive minimalist retail design concept with a specific emphasis on high-quality materials. It features an extensive use of pink granite, setting a unique ambiance for the store.

    What products does the new Acne Studios store offer?
    The store offers Acne Studios’ Autumn/Winter 2025 collections for both men and women. It also retails footwear, accessories, and the newly launched Camero bag.

    What does the opening of the new store in Bangkok signify for Acne Studios?
    The opening of the Bangkok store marks yet another milestone in Acne Studios’ ambitious expansion plan across the Asia-Pacific region. It follows the recent launch of a flagship store in Tokyo’s Aoyama district.

  • Singapore’s Retail Sector Sustains Growth in September, Led by Watch and Jewellery Sales Surge

    Singapore’s Retail Sector Sustains Growth in September, Led by Watch and Jewellery Sales Surge

    In September, retail sales in Singapore continued their upward trajectory, albeit at a slower pace than in August.

    Overview of Retail Sales

    Singapore’s retail sales, excluding motor vehicles, witnessed a 2% growth in September. This figure is slightly lower than the revised 4.7% increase recorded in August. The total retail sales value for the month was estimated at SG$3.5 billion (US$2.67 billion), with online sales accounting for 17.6% of this value.

    However, when adjusted for seasonal factors, there was a 2.3% decrease in retail sales in September compared to August.

    Sector-wise Breakdown

    The growth in retail sales was majorly driven by the watches and jewellery sector, which saw a year-on-year increase of 16.6%, largely due to increased jewellery sales.

    Next in line was the recreational goods sector, which exhibited an 11% rise in sales, followed by supermarkets and hypermarkets with a 5.1% increment.

    In stark contrast, both petrol service stations and retailers of apparel and footwear experienced a decline in sales by 8% and 3.6% respectively.

    Food and Beverage Services Sales

    Sales in the food and beverage services sector also declined, registering a 1.6% drop, a more significant decrease compared to the 0.2% drop in the previous month. This downturn was primarily attributed to the underperformance of the restaurant sector. The total sales value for the F&B services sector was estimated at SG$966 million, with online sales constituting 26.3% of this value.

    Questions & Answers

    What was the percentage increase in Singapore’s retail sales for September?
    The retail sales in Singapore saw a 2% increase in September.

    Which sector led the sales growth in September?
    The watches and jewellery sector led the sales growth in September with a 16.6% increase year-on-year.

    Did all sectors see an increase in sales?
    No, the sales of petrol service stations and retailers of apparel and footwear saw a decline, as did the food and beverage services sector.

  • Coolmate, Vietnam’s Digital Fashion Powerhouse, Secures Series C Funding for Global Expansion and Women’s Line Launch

    Coolmate, Vietnam’s Digital Fashion Powerhouse, Secures Series C Funding for Global Expansion and Women’s Line Launch

    Coolmate, a Vietnamese brand known for its digital-first approach in fashion, has successfully completed its latest Series C financing. The specific details of the funding have been kept under wraps, but it is understood that the funds will be used to fuel both global expansion and the brand’s entrance into women’s fashion.

    The fundraising effort was spearheaded by Vertex Growth Fund and saw contributions from Cool Japan Fund, YoungOne CVC, and other pre-existing investors such as Vertex Ventures SEA & India and Kairous Capital.

    Nhu Chi Pham, the CEO and founder of Coolmate, expressed her gratitude for the investment. She asserted, “This financial boost enables us to further endorse our vision, break into new markets, and continue to cultivate a brand that is a true symbol of Vietnamese ingenuity.”

    A Look at Coolmate’s Journey

    Established in 2019, Coolmate has quickly made its mark on the industry, having already fulfilled over 5 million orders across the nation. It operates using a technology-aided local supply chain, allowing for efficient and effective business transactions.

    This latest influx of capital will be strategically funneled into three main areas: Women’s fashion, global market penetration, and the establishment of physical retail outlets.

    Detailed Expansion Plans

    Coolmate launched its “Go Women” initiative in March, introducing a new line of activewear for women. The company has a 2030 target of generating 40% of its total revenue from women’s products.

    The “Go Global” strategy has been initiated with Coolmate’s debut on Amazon US where it has quickly gained a “Best Seller” status and now processes over 25,000 orders monthly. The next phase of this strategy involves expanding throughout Southeast Asia in an effort to reach 30% international revenue by the year 2030.

    Finally, with the “Go Offline” strategy, Coolmate plans to open brick-and-mortar stores, aiming to enhance customer experience, and projecting to obtain 40% of its revenue from offline sales by 2030.

    It’s worth noting that Coolmate secured a $6 million investment in a Series B fundraising round last year, led by Vertex Venture Southeast Asia and India.

    Questions & Answers

    What is Coolmate’s business model?
    Coolmate operates with a digital-first approach in fashion, utilizing a technology-enabled local supply chain to conduct business transactions efficiently.

    What are the future expansion plans of Coolmate?
    Coolmate plans to venture into women’s fashion, expand its brand globally, and establish physical retail outlets to enhance customer experience.

    What are the goals set for 2030 by Coolmate?
    Coolmate aims to achieve 40% of its total revenue from women’s products, 30% international revenue, and 40% of its revenue from offline sales by 2030.

  • Armani Beauty Debuts in Mumbai with Flagship Store and Celebratory Diwali Campaign

    Armani Beauty Debuts in Mumbai with Flagship Store and Celebratory Diwali Campaign

    Armani Beauty has recently unveiled a flagship store in Mumbai’s Phoenix Palladium Mall. This grand opening coincides with the brand’s debut Diwali campaign in India, marking the luxury beauty brand’s retail expansion within the nation during the festive season.

    Embracing Local Culture

    To celebrate this milestone, Armani Beauty has decorated its Palladium Mall store with Diwali-themed items that draw inspiration from the marigold motifs prevalent in Indian culture. This approach aims at highlighting India’s largest festive season, thereby blending Armani’s presence seamlessly with local traditions.

    Charles-Alexandre Bockzmak, GM of L’Oréal International Distribution Sapmena, noted that this novel Diwali initiative in India aligns with Armani Beauty’s goal of local and cultural relevance. It also aims to provide Indian consumers with unique experiences that transcend mere commercial transactions.

    Biju Kassim, CEO of Global SS Beauty Brands, which is Armani Beauty’s distribution partner in India, echoed this sentiment. He emphasized that this first-ever Diwali campaign by Armani in India signifies a transformative beauty movement in the country.

    A Vision Beyond Commerce

    Both Bockzmak and Kassim agreed that this venture reaffirms Armani’s mission to “take beauty beyond commerce,” making the brand more relatable and in tune with the evolving needs and trends of Indian consumers. This collaborative approach with local partners underscores the brand’s commitment to remain current and connected with its target market.

    Armani Beauty operates under the Giorgio Armani fashion house and is marketed under a long-term license with L’Oréal. The brand announced its first flagship store in India in November of the previous year, marking a significant expansion in its global retail footprint.

    Questions & Answers

    What is the significance of Armani Beauty’s new flagship store in Mumbai?
    The store marks Armani Beauty’s retail expansion in India, timed perfectly to coincide with the festive season of Diwali.

    What is unique about Armani Beauty’s first-ever Diwali campaign in India?
    The campaign emphasizes Armani’s commitment to cultural relevance and aims to offer Indian consumers unique experiences that extend beyond traditional commercial interactions.

    How does Armani Beauty plan to stay current with the evolving needs of Indian consumers?
    Armani Beauty aims to remain current by embracing local culture and traditions, and working collaboratively with local partners to understand and cater to evolving consumer trends and demands.

  • Coach Dives into Hospitality with Flagship Restaurant Launch at Jewel Changi Airport: A Mix of Fashion, Food, and New York Heritage

    Coach Dives into Hospitality with Flagship Restaurant Launch at Jewel Changi Airport: A Mix of Fashion, Food, and New York Heritage

    Coach, the American fashion brand, has unveiled The Coach Restaurant Singapore at Jewel Changi Airport as part of its continued expansion into the hospitality industry and overarching lifestyle approach.

    The Restaurant Blueprint

    The restaurant’s design is heavily influenced by Coach’s New York roots, boasting an impressive view of the Jewel’s Rain Vortex. Its layout is spacious, accommodating a 56-seat dining room, a 10-seat bar, and a 10-seat chef’s counter that is centered around an open woodfire kitchen.

    The interior design is a creative harmony of bronze mirrors, terrazzo flooring, tropical wood louvres, and leather accents, the latter being utilized in menu covers and staff aprons. As the centerpiece, a full-sized yellow taxi cab is suspended above the dining area, a nod to the brand’s origin.

    Location and Comment from Coach

    Marcus Sanders, VP of global food and beverage at Coach, highlighted Singapore’s vibrant food culture and international community as the driving factors behind the decision to place the hospitality concepts there.

    He said, “In this venue, we are providing an opportunity for guests to come together, celebrate, and experience the Coach brand in a manner that is both timeless and innovative.”

    The Wider Strategy

    This latest venture enhances Coach’s existing food and beverage initiatives and aligns with its Coach Coffee Shop and the recently revamped retail store at Jewel. These three spaces are designed to fortify the brand’s most comprehensive integrated lifestyle concept in Asia.

    Questions & Answers

    What is the design inspiration for The Coach Restaurant Singapore?

    The design takes its cues from Coach’s New York heritage and includes elements such as bronze mirrors, terrazzo flooring, tropical wood louvres, and leather accents.

    What are the features of the restaurant?

    The restaurant includes a 56-seat dining room, a 10-seat bar, and a 10-seat chef’s counter built around an open woodfire kitchen. A full-sized yellow taxi cab is suspended above the dining area as a focal point.

    What is the purpose of the new restaurant in Coach’s broader strategy?

    The new restaurant is part of Coach’s continued expansion into the hospitality industry. It complements Coach’s existing food and beverage ventures, including the Coach Coffee Shop and the refurbished retail store at Jewel, strengthening the brand’s integrated lifestyle concept in Asia.

  • Coach Unveils Chic Dining Experience with New Flagship Restaurant at Jewel Changi Airport

    Coach Unveils Chic Dining Experience with New Flagship Restaurant at Jewel Changi Airport

    Coach, the well-known American fashion brand, has expanded its horizons into the hospitality industry by introducing The Coach Restaurant in Singapore’s Jewel Changi Airport. This venture is a part of the brand’s wider lifestyle strategy.

    Design Inspired by New York Heritage

    The Coach restaurant’s design takes inspiration from the brand’s New York roots. The establishment offers breathtaking views of Jewel’s Rain Vortex. It includes a spacious 56-seat dining room, a 10-seat bar, and a chef’s counter with 10 seats, all built around a centralized, open woodfire kitchen.

    The interior design showcases a harmonious blend of bronze mirrors, terrazzo floors, and tropical wooden louvres. Leather accents have been thoughtfully utilized in menu covers and staff aprons, adding to the restaurant’s sophisticated ambiance. A noteworthy feature is a full-sized yellow taxi cab hanging above the dining area, serving as a focal point and a nostalgic nod to the brand’s origins.

    Singapore: A Natural Choice for Coach’s Venture

    Marcus Sanders, the Vice President of Global Food and Beverage at Coach, shared his excitement about the brand’s new venture. He highlighted that Singapore’s vibrant food culture and diverse international community made it an excellent choice to host their hospitality concepts.

    Sanders expressed his desire to create a space where guests can gather, celebrate, and experience Coach in a manner that feels both traditional and innovative.

    Building on Previous Successes

    The new restaurant is an extension of Coach’s earlier forays into the food and beverage sector. It enhances the brand’s in-house coffee shop and its refurbished retail store, both located at Jewel. These three distinct spaces are strategically devised to bolster the brand’s most extensive integrated lifestyle concept in Asia.

    Questions & Answers

    What is the inspiration behind the design of The Coach Restaurant?
    The design of the restaurant is inspired by Coach’s New York Heritage. It features bronze mirrors, terrazzo flooring, and tropical wooden louvres alongside leather accents used in menu covers and staff aprons.

    Why did Coach choose Singapore for their hospitality venture?
    Coach chose Singapore due to its dynamic food culture and globally diverse community, which aligns with Coach’s broader lifestyle strategy.

    How does the new restaurant enhance Coach’s integrated lifestyle concept?
    The new restaurant, along with Coach’s coffee shop and refurbished retail store at Jewel Changi Airport, strengthens the brand’s largest integrated lifestyle concept in Asia.

  • Singapore’s Aupen, Adored by Taylor Swift, Partners with LVMH for a Stellar Debut Jewelry Collection

    Singapore’s Aupen, Adored by Taylor Swift, Partners with LVMH for a Stellar Debut Jewelry Collection

    Aupen, a luxury bag brand from Singapore whose designs have been sported by renowned personalities like Taylor Swift and Selena Gomez, is eager to unveil its debut fine jewelry collection. This exciting event, scheduled for Saturday, is happening in collaboration with the French fashion powerhouse LVMH.

    The New Collection

    The upcoming collection features exquisite pieces, adorned with gold and diamonds. These intricate designs are deeply influenced by the life experiences of Aupen’s founder, Nicholas Tan. Tan, a former Southeast Asian Games swimming gold medalist and a Harvard graduate, founded Aupen with a vision to create products that resonate with his personal journey.

    The successful collaboration with LVMH has been facilitated by LVMH Metiers d’Art, a creative initiative under the umbrella of the LVMH group.

    Exclusive Website Launch

    The new jewelry line will be exclusively available on Aupen’s website, and this launch will be accompanied by the re-release of select bags from the brand’s archives. One of these iconic designs includes the Joy bag, recently made popular by American actress and singer, Selena Gomez.

    Established in November 2022, Aupen is known for its asymmetrical leather bag designs that pay homage to the beauty of life’s imperfections. The brand’s design ethos revolves around minimalistic and authentic styles, with a strong emphasis on superior craftsmanship.

    High-End Production

    The manufacturing process of Aupen’s products involves top-tier facilities. The hardware is produced at the Paris-based Jade Groupe, while the handbag leather is sourced from Tanneries Roux, a company known for its specialization in calfskin.

    Aupen has captured the attention of global celebrities. Taylor Swift, the American billionaire singer, was seen with an Aupen Nirvana bag in August 2023. Other stars like Emily Blunt, Jennifer Aniston, and Ana Taylor-Joy have also been photographed with Aupen products.

    Questions & Answers

    What is the inspiration behind Aupen’s new fine jewelry collection?
    The collection draws inspiration from the life experiences of Aupen’s founder, Nicholas Tan, a former Southeast Asian Games swimming gold medalist and a Harvard alumnus.

    Where can consumers purchase the new jewelry line from Aupen?
    The fine jewelry collection will be exclusively available on Aupen’s official website.

    Who are some of the celebrities seen with Aupen products?
    Well-known celebrities seen with Aupen products include Taylor Swift, Selena Gomez, Emily Blunt, Jennifer Aniston, and Ana Taylor-Joy.

  • Mouawad Debuts First Asian Boutique in Bangkok, Unveiling Masterpiece Collection of Rare Gems

    Mouawad Debuts First Asian Boutique in Bangkok, Unveiling Masterpiece Collection of Rare Gems

    The famed fine-jewellery brand, Mouawad, has expanded its global presence with the inauguration of its premier boutique in Thailand. Located on the ground floor of The Emporium in the bustling city of Bangkok, this new establishment marks the brand’s initial foray into the Asian retail location.

    Mediterranean-Inspired Boutique Design

    Mouawad’s Bangkok boutique showcases a unique Mediterranean-inspired design. It is adorned with terracotta tones, arches, and olive motifs, echoing the aesthetic first debuted at Mouawad’s London store. This design concept is meant to provide a warm, welcoming atmosphere to entice and exhilarate its clientele.

    Sun on the Seven Wonders Masterpiece Collection Launch

    To celebrate the opening of the new boutique, Mouawad is unveiling its complete ‘Sun on the Seven Wonders’ Masterpiece Collection. This collection, which pays tribute to iconic global landmarks, features yellow diamonds as a primary motif. The stunning pieces are designed to encapsulate the splendour and grandeur of these world wonders.

    Appreciation of Asian Clientele

    Fred Mouawad, co-guardian of the house, expressed his enthusiasm for the Bangkok boutique’s opening. He acknowledged the city’s importance as a nexus of culture and luxury, and expressed gratitude towards the Asian clientele, whose respect for artistry and heritage perpetually inspires the brand’s evolution.

    Mouawad: A Legacy of Craftsmanship

    Established in 1890, Mouawad has its headquarters in Geneva. The brand is renowned for its exceptional craftsmanship, particularly with rare gemstones. It is also a multiple Guinness World Records recipient for its exquisite diamond creations.

    The Bangkok boutique signifies Mouawad’s strategic move to increase its presence in Asia, a region that remains highly significant in the high-end jewellery market.

    Questions & Answers

    What is unique about the design of Mouawad’s new boutique in Bangkok?
    The Bangkok boutique showcases a Mediterranean-inspired design, featuring terracotta tones, arches, and olive motifs. This aesthetic was first introduced in Mouawad’s London store.

    What is the ‘Sun on the Seven Wonders’ Masterpiece Collection?
    The ‘Sun on the Seven Wonders’ Masterpiece Collection is a series of jewellery pieces inspired by iconic global landmarks. It features yellow diamonds as a primary motif.

    What is Mouawad’s relationship with the Asian market?
    Mouawad values its Asian clientele for their appreciation of artistry and heritage. The opening of its Bangkok boutique marks the brand’s first retail location in Asia, hinting at a strategic plan to grow its presence in this key market for high-end jewellery.

  • Indonesian Fashion Brand Buttonscarves Debuts in Singapore with Exclusive Jewel Changi Boutique Launch

    Indonesian Fashion Brand Buttonscarves Debuts in Singapore with Exclusive Jewel Changi Boutique Launch

    Indonesia-based fashion brand, Buttonscarves, has recently established its premiere standalone store in Singapore. The new outlet is conveniently situated in the bustling Jewel Changi Airport.

    Store Overview

    Located on Basement 1 of the complex, this boutique showcases the label’s renowned scarves and brooches. Each item is elegantly displayed in packaging that is perfect for gift-giving. Additionally, the establishment carries exclusive Jacquard Voile scarves, a unique product line that can only be found at this Jewel location.

    Linda Anggrea, CEO of Buttonscarves, commented on the brand’s new venture. She noted that Singapore’s position as a regional hub with significant global reach permits the brand to interact with both local communities and international tourists. This strategic location places Buttonscarves at the center of Southeast Asia’s dynamic fashion scene.

    New Collection Launch

    To coincide with the store’s opening, Buttonscarves has launched the Singapore 2 Series. This novel line is a joint collaboration with the Singapore Tourism Board. The collection, featuring 16 different color variations, is an ode to the city’s cultural diversity and contemporary energy. Two color shades are exclusive to the Jewel Changi Airport store, enhancing the uniqueness of the collection.

    Buttonscarves was established in 2016 and is recognized as a modest fashion and lifestyle brand under the Modinity Group. The brand currently operates over 50 stores spread across Indonesia, Malaysia, and Singapore.

    Questions & Answers

    What products does Buttonscarves sell in its new Singapore store?
    The store showcases the brand’s signature scarves and brooches. It also offers exclusive Jacquard Voile scarves only available at this location.

    What is special about the new Singapore 2 Series collection?
    The Singapore 2 Series, created in collaboration with the Singapore Tourism Board, reflects the city’s cultural diversity and modern energy. It features 16 different color variations, including two shades exclusive to the new store.

    How many stores does Buttonscarves operate?
    Buttonscarves, under the Modinity Group, operates more than 50 stores across Indonesia, Malaysia, and Singapore.

  • Le Saunda in Red: Unsteady Chinese Market Influences Major Losses for Hong Kong Footwear Retailer

    Le Saunda in Red: Unsteady Chinese Market Influences Major Losses for Hong Kong Footwear Retailer

    Le Saunda, a prominent footwear retailer in Hong Kong, recently revealed disappointing financial results for the first half of the fiscal year. The company’s performance reflects a troubling trend, marked by widespread losses across its operations.

    Significant Revenue Drop

    During the six months ending on August 31, Le Saunda’s revenue slumped by 36 per cent. The figures dwindled from RMB146.9 million ($20.66 million USD) to RMB95.8 million ($13.47 million USD).

    Gross Profit and Shareholder Returns Decrease

    The retailer’s gross profit also bore the brunt of financial instability, experiencing a 30 per cent reduction. It plunged from RMB79.4 million ($11.2 million USD) to RMB55.6 million ($7.8 million USD). Meanwhile, shareholder returns nose-dived to a significant loss of RMB31.4 million ($4.4 million USD).

    Reduction in Physical Stores

    The adversity further reflected in the company’s physical presence, with Le Saunda reporting a net reduction of 133 stores in Mainland China, its primary retail market, by the end of the period. This leaves the retailer with only 91 operational stores as against a markedly higher number in the same period from the previous year.

    Global Economic Uncertainties

    Le Saunda attributed its underperformance to a number of factors. The first half of 2025 witnessed frequent fluctuations in international trade relations. Coupled with a sluggish retail environment and low consumer confidence, these developments fostered global economic uncertainties. The company indicated that these conditions have undermined its future growth prospects.

    Questions & Answers

    What was Le Saunda’s revenue for the six months ending August 31?
    Le Saunda’s revenue for this period was RMB95.8 million ($13.47 million USD), marking a 36% drop from the previous year.

    What is the extent of Le Saunda’s gross profit reduction?
    Le Saunda experienced a significant 30% reduction in gross profit, going from RMB79.4 million ($11.2 million USD) to RMB55.6 million ($7.8 million USD).

    How has Le Saunda’s physical store presence been affected?
    Le Saunda reported a net reduction of 133 stores in its key market, Mainland China, leaving it with 91 operational outlets.

  • Diptyque Unveils Immersive Pop-up Store In Hong Kong: Holiday Edition

    Diptyque Unveils Immersive Pop-up Store In Hong Kong: Holiday Edition

    Diptyque, the esteemed French luxury fragrance brand, has unveiled a pop-up store in Hong Kong’s Hollywood Road, promising an immersive and festive experience for customers through its Holiday 2025 collection, ‘A Night of Wax and Gold’.

    The Store Aesthetics

    Spread across two levels and covering 150 square meters, the pop-up store’s exterior is an eye-catching green facade, beautifully engraved with golden excerpts from the collection’s narrative. Adding a whimsical touch to the store’s facade is Archibald, a mischievous cat character rendered by illustrator Vincent Puente.

    Inside, the ambiance takes a nostalgic turn, drawing inspiration from vintage bookshops. The green painted walls are adorned with gold pine cones and shimmering trees, creating a festive atmosphere. Furthering the theme, a central installation, in the form of a pine tree constructed from oversized books, becomes a unique display for the brand’s Sapin (Pine Tree) Candle, the standout piece in their holiday collection.

    The Creative Workshop

    The upper level of the pop-up serves as an interactive creative workshop. Centering around a large wooden table, visitors are encouraged to partake in a variety of engaging holiday activities. From crafting seasonal wreaths and mastering gift-wrapping and decoration techniques to personalizing candles with hand-applied gold accents, the space offers a stimulating and festive experience for all visitors.

    The Magic Book Experience

    Enhancing the unique shopping experience, the pop-up also introduces a ‘magic book’ feature. Visitors are given the opportunity to choose a bookmark, which, when sprayed with perfume, reveals hidden illustrations and even surprise gifts for the customers to take home.

    Questions & Answers

    What is the theme of Diptyque’s Holiday 2025 collection?
    Diptyque’s Holiday 2025 collection is themed ‘A Night of Wax and Gold’.

    What are some of the activities that visitors can participate in at Diptyque’s pop-up store?
    Visitors can partake in a variety of festive activities including crafting seasonal wreaths, learning gift-wrapping and decoration techniques, and personalizing candles with hand-applied gold accents.

    What is the ‘magic book’ experience at Diptyque’s pop-up store?
    The ‘magic book’ experience allows visitors to select a bookmark which, when sprayed with perfume, reveals hidden illustrations and surprise gifts for them to take home.

  • Ho Chi Minh City Ceo Arrested: Accused Of $570,200 Counterfeit Perfume Operation

    Ho Chi Minh City Ceo Arrested: Accused Of $570,200 Counterfeit Perfume Operation

    In a recent turn of events, a CEO and his spouse based in Ho Chi Minh City (HCMC) have been apprehended by the police on the grounds of allegedly manufacturing and marketing tens of thousands of fraudulent perfume bottles. These counterfeit products bore the labels of well-known luxury brands such as Chanel, Gucci, and Dior, among others. The illicit profits gathered from this illegal enterprise are estimated to be around VND15 billion (US$570,200).

    The Masterminds and Their Accomplices

    The individuals caught in this scandal are Nguyen Ngoc Tho, the CEO of Nguyen Huong, and his wife, Truong Thi Mai Hien. Along with them, nine other people were also taken into custody by the HCMC police on charges related to the production and sale of fraudulent goods.

    The couple has been identified by the authorities as the key instigators behind this significant counterfeit perfume production ring.

    The Raid and Confiscation

    During a recent operation at the company’s production site within the city, the law enforcement officers seized 20,000 imitation perfume bottles carrying the tags of elite luxury brands. The authorities also confiscated various perfume-making equipment and tools used in the fraudulent operations.

    The Counterfeit Scheme

    The authorities have accused the couple of initiating this scheme since the beginning of last year. Apparently, Tho observed a surge in perfume demand and started researching and creating formulas for counterfeit perfumes online.

    Together with his wife, Tho procured machinery, raw materials, and perfume bottles. They rented a production facility and mainly hired family members to blend, fill, label, and package the fake perfumes.

    They promoted these spurious products on social media platforms and distributed them in vast quantities across numerous provinces.

    Questions & Answers

    What are the legal implications of the case?
    Given the scope of the fraudulent operation and the brand value of the companies affected, significant legal implications can be anticipated. This includes potential jail time, hefty fines, and possible lawsuits from the affected brands.

    What was the primary market for these counterfeit products?
    The couple leveraged the internet and social media platforms to market these counterfeit products, targeting customers in several provinces.

    Who were involved in the production process of these counterfeit perfumes?
    The CEO and his wife led the operation, hiring mainly family members in their production facility to create the counterfeit perfumes.

  • Salomon Set To Open First Directly-operated Store In Kyoto, Launching Exclusive Red Viper Collection

    Salomon Set To Open First Directly-operated Store In Kyoto, Launching Exclusive Red Viper Collection

    Salomon, a leading sportswear brand, is set to launch its first directly-operated store in Kyoto Prefecture on November 21st. The store will be located in the popular Kyoto Bal shopping complex.

    Pre-Opening Event

    A special pre-opening celebration will take place on November 20th. Salomon will invite 100 members of its S/Plus loyalty program to attend the event. These lucky guests will be chosen through a lottery process.

    Product Range

    The new Kyoto store will offer an extensive assortment of products, with a particular emphasis on sports style and performance footwear. The store is committed to catering to the diverse needs of both sports enthusiasts and casual shoppers.

    Opening Specials

    In conjunction with the store’s opening, Salomon is set to launch the “Red Viper Collection”, featuring three limited-edition shoe models. This special collection will include the XT-Slate Red Viper, XT-4 OG Red Viper, and Spectur 2 Red Viper. These exclusive footwear designs reflect Salomon’s commitment to innovation and style.

    Questions & Answers

    When will the new Salomon store open in Kyoto Prefecture?

    The new Salomon store in Kyoto Prefecture is scheduled to open on November 21st.

    What special event will take place before the official opening of the store?

    A pre-opening event will be held on November 20th, where 100 members of Salomon’s S/Plus loyalty program will be invited through a lottery.

    What is the focus of the product range in the new Kyoto store?

    The new Kyoto store will focus on sports style and performance footwear along with a wide range of other products.

  • Prada Group Posts 19th Consecutive Quarter Growth Amid Global Retail Challenges

    Prada Group Posts 19th Consecutive Quarter Growth Amid Global Retail Challenges

    The Prada Group has demonstrated sustained growth for the 19th straight quarter, even in the face of a complex global retail landscape. The financial results for the nine months leading up to September 30 reveal a promising overview.

    Financial Overview

    During this period, the luxury group’s net revenues climbed 9% year-on-year, reaching $4.7 billion. This growth was bolstered by a corresponding 9% rise in retail sales, which accounted for $4.2 billion. Despite a high base from the previous year, retail sales in the third quarter increased by 8%, mirroring the growth seen in the second quarter.

    Brand Performances

    Miu Miu, a brand under the Prada Group, has continued its strong performance. It reported a 41% growth over the nine months and a 29% increase in the third quarter. This comes after an impressive 105% surge during the same period the previous year.

    In contrast, sales for the Prada brand itself eased slightly. The third quarter saw a decrease of 1%, and a 2% drop was reported over the full nine months.

    Company Response

    Patrizio Bertelli, Chairman of Prada, viewed these results optimistically. He commented that the consistent performance, despite a challenging macroeconomic environment, “attests to the resilience of our brands and the effectiveness of our strategy.”

    Questions & Answers

    What was the overall growth for the Prada Group in the recent quarter?
    The Prada Group saw a 9% increase in net revenues year-on-year, reaching a total of $4.7 billion.

    How did the individual brands under the Prada Group perform?
    While Miu Miu saw significant growth with a 41% increase over nine months, the Prada brand experienced a slight decrease in sales, with a drop of 2% over the same period.

    What has the Chairman of Prada said about the company’s performance in this quarter?
    Chairman Patrizio Bertelli emphasized the consistent results despite a complex macroeconomic environment, attributing the success to the resilience of the brands and the effectiveness of their strategy.

  • Giordano Reports Q3 Sales Dip Despite Yearly Growth; E-commerce Revenue Soars By 16.5%

    Giordano Reports Q3 Sales Dip Despite Yearly Growth; E-commerce Revenue Soars By 16.5%

    Hong Kong-based fashion retail giant, Giordano, has experienced a decrease in sales for the third quarter of the year, despite an overall positive performance for the year so far.

    Q3 Performance

    The retailer’s third-quarter revenue, ending on September 30, dropped by 1.4 per cent to HK$894 million, equivalent to US$115 million. Sales declined by 8.5 per cent in Southeast Asia and Australia, remained unchanged in Greater China, but impressively jumped by 11.6 per cent in the Gulf Cooperation Council.

    Giordano’s e-commerce revenue continued to demonstrate strong progress with an increase of 16.5 per cent, even as offline sales fell by 4.9 per cent. Same-store sales also experienced a slight dip, declining by 0.5 per cent.

    Strategic Initiatives

    Giordano’s management shared that the company has been actively shifting towards high-growth channels and markets as part of its strategic initiatives. They added, “With a focused approach, we are successfully navigating a period of reset with a view to delivering long-term sustainable growth in line with our strategic vision.”

    Performance for the First Nine Months

    The retailer’s performance for the first nine months of the year remained in the green, with a modest revenue increase of 0.6 per cent.

    Despite challenges like unprecedented adverse weather in Greater China, the company’s core business preserved stability with a 0.4 per cent growth in the quarter and a 2.7 per cent growth for the year so far.

    The quarter ended with Giordano operating 1,627 stores, marking a net reduction of 122 locations since the start of the year. As part of their inventory optimization plans, inventory also declined by 2.9 per cent year-to-date.

    Questions & Answers

    What is Giordano’s percentage of sales decline in the third quarter?
    Sales declined by 1.4 per cent, equivalent to HK$894 million, or US$115 million.

    How has Giordano’s e-commerce revenue been performing?
    Giordano’s e-commerce revenue demonstrated strong progress with an increase of 16.5 per cent.

    What is the net change in Giordano’s store count since the beginning of the year?
    Giordano net reduced its store count by 122, ending the quarter with 1,627 stores.