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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.

  • L Catterton Asia to form JV sportswear

    L Catterton Asia to form JV sportswear

    LVMH-backed private-equity firm L Catterton Asia has launched a JV between two of its portfolio companies, Chinese menswear fashion group GXG, and Australian compression activewear company 2XU.

    The strategic partnership will enable both companies to capitalise on the growing fitness and sportswear market in China.

    Established in 2007, GXG has a portfolio of four brands – GXG, gxg.jeans, gxg.kids and Yatlas. Its lines are available in more than 2100 stores across China, as well as online through third-party platforms such as Tmall and VIPshop. Its e-commerce GMV is expected to surpass RMB2.5 billion (US$378.5 million) this year, an increase of more than 50 per cent over last year. The company also achieved record sales of RMB485 million in this year’s Tmall 11.11 shopping festival.

    Since acquiring a controlling stake in GXG last year, L Catterton Asia has been working with the company’s management team to expand into new categories. It has supported GXG by offering extra collaboration opportunities and helping with global expansion.

    “GXG and 2XU are led by seasoned management teams with deep understanding and complementary knowledge of the fashion and retail industries, and we look forward to continuing to work alongside and support both teams,” says L Catterton Asia chairman/managing partner Ravi Thakran.

    Founded in 2005, 2XU produces technical athletic wear that is endorsed by elite athletes internationally.

    “Since L Catterton Asia’s investment in 2013, 2XU has experienced significant growth and I am grateful for their partnership as we continue to expand into attractive markets around the world,” says 2XU CEO Paul Higgins.

    With more than $14 billion of equity capital across six fund strategies in 17 offices globally, L Catterton has a team of more than 140 investment and management professionals. L Catterton Asia (previously L Capital Asia) was launched in 2009 and manages more than $ 1.6 billion across two private equity funds, and more than $2 billion including co-investments. It has offices in Singapore and Mauritius, with a regional advisory presence in Hong Kong, Mumbai and Shanghai.

    L Catterton Asia draws on its strategic relationship with Groupe Arnault and LVMH across the investment process. Its investments include Jorya Group, Marubi, Pepe Jeans, Sasseur, Trendy International and YG Entertainment.

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  • More Dickson Concepts stores in Taiwan

    More Dickson Concepts stores in Taiwan

    Hong Kong fashion and watch retailer Dickson Concepts has opened three new stores in Taiwan this year as it continues its regional expansion.

    Dickson Concepts operates retail stores under brands including Tommy Hilfiger, JT Dupont, Bertolucci, Roger Vivier, Tod’s and Harvey Nichols.

    At the end of September, the retailer had 111 stores: 25 in Hong Kong, 58 in Taiwan, 15 in Mainland China, five in each of Singapore and Malaysia and three in Macau. However, Hong Kong accounted for 75.6 per cent of its sales in the first half of this financial year, with Taiwan’s share just 18.4 per cent, despite the higher store count. Mainland China and the rest of Asia accounted for just 6 per cent of sales.

    Dickson Concepts reported total sales of HK$1.576 billion for the first half, an increase of 11.7 per cent. Same-store sales increased by 12.4 per cent. It posted a net profit attributable to shareholders of HK$8.1 million.

    The company said it expects the retail climate in Hong Kong, China and Southeast Asia to “remain volatile” in the foreseeable future.

    “The performance of the group in the Hong Kong retail market has improved slightly, but remains inconsistent,” said the company in its half-year profit announcement.

    “The Taiwan retail market has remained weak due to continued reduction in tourist arrivals from China, primarily caused by poor political relationship between Mainland China and Taiwan. In China, consumer demand continues to be affected by reduced spending on gift-giving.

    “Given these difficult conditions, the group will continue to rigorously control costs and expenses at all levels of operation and adopt a very cautious approach to its further expansion and development strategies.”

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  • Online brand “Imvely” to open 1st flagship store

    Online brand “Imvely” to open 1st flagship store

    The online brand ‘Imvely’ is about to reach 100billion won this year. Lim Ji-hyun, who has a strong presence as a marketing role model promoting her own brand wearing ‘Imvly,’ has an attention by presenting a new growth model that combines model and business.

    The online star brand ‘Imvely’ opened its first flagship store ‘velyne’ in Sangsu-dong, Seoul on the 25th.

    The concept of ‘Imvely’ flagship store, which reflects the signatures and identity of Lim Ji-hyun, is like a ‘mansion’, a ‘house of velyne’ where you customer meet all of Imvely at once.

    Everyone who enjoys online shopping knows “Imvly”, and Imvly is the brand that makes a buzz when buying an open line shop.

    The first flagship store Imvly’s ‘velyne ‘is five stories. The first floor is composed of signature cosmetics brand ‘VELYVELY’ and Imvly’s new products, bestselling products.

    The floor is made up of the lifestyle brand ‘Bleu Home’ and the 4th and 5th floors are composed of its own cafe ‘U’all’.

    Imvly, which has been rapidly growing since its launch, already has a solid product lineup and a self-manufacturing line beyond the limits of online shopping malls.

    The company opened eight new stores in Lotte department store this year, and currently operates 13 stores in Lotte Department Store.

    The annual sales of Imvely, which was about 3 billion won at the time of its launching, increased to 148 billion won in 2015, 70 billion won in 2016 and 100 billion won in sales this year.

    With the open of duty-free shop, Imvely has a positive reputation in the global markets, including China and Japan, as well as the domestic market.

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  • Chu Ja-hyeon & Woo Hyo-kwang to become a model of Vivlas

    Chu Ja-hyeon & Woo Hyo-kwang to become a model of Vivlas

    Actors Chu Ja-hyeon and Woo Hyo-kwang, who appeared on SBS entertainment program ‘ Dongsang Imong’ recently, were selected as models of the cosmetics brand Vivlas.

    Vivlas has a brand philosophy of confident beauty. Vivlas official said “we are looking forward to the synergy of Chu Ja-hyeon who is sophisticated and healthy energy, and Woo Hyo-kwang who is honest and loving with the brand philosophy of Vivlas.

    “I often used Vivlas Vital Water Mask packs that lasted for long periods of time, and I’m happy to be selected as a brand model,” Chu Ja-hyeon said.

    Vivlas is a cosmetic brand that pursues the distinctive beauty of a brand philosophy that is characteristic of an independent and imposing woman found in all seasons.

    Especially, ‘revive me lips’ (fountain pen lipstick) is a motif of fountain pen used for signing, so it is filled with the spirit of beauty feminism that supports women who are dignified and beautifully decorate themselves with their own signature.

    The fountain pen lipstick proved to be very popular, with a record of 100,000 copies in 10 minutes, the biggest shopping festival in China.

    Vivlas will hold a ‘ Vivlas Day’ event at Time Square in Yeongdeungpo from December 2 to 3 in commemoration of the launch of the new 3STEP cleansing line.

    The brand models Chu Ja Hyeon and Woo Hyo Kwang will attend the special event of ‘ Vivlas Day’.

    Vivlas Day’ is equipped with an experiential zone where customers can experience new products. In the experiencing zone, various events such as SNS certification event and homepage signup event are going on.

    Vivlas is speeding up to expand its domestic distribution. It opened Lotte Duty-free shop, Shilla, Doota, and Donghwa duty-free shops after the Shinsegae duty-free shop.

  • A PornHub pop-up shop has opened in SoHo

    A PornHub pop-up shop has opened in SoHo

    Pornhub chose Black Friday to open a popup store in New York’s trendy Soho district as the brand continues to position itself as mainstream and connect with fans.

    The store – which will trade until December 20 – features Pornhub-branded streetwear, books, gifts and toys for adults created in partnership with retailer Ann Summers.

    It’s the first of two popups planned by the previously online-only business, which last year attracted 23 billion visits – that’s 44,000 every minute – and streamed nearly 92 billion videos.

    A Pornhub holiday-themed popup shop will be opening in Milan in Italy, at Via De Cristoforis 5 – right by the famous Corso Como, on a street which is home to brands including Christian Louboutin, Chiara Ferragni and Moschino. The Milan store will offer what Pornhub describes as “an intimate boutique environment for European fans of the site to shop Pornhub-branded limited-edition apparel and gifts”.

    In a partnership with the Museum of Sex, the Soho store will offer products from the Museum’s gift shop, including Taschen books, ‘aphrodisiac apothecary herbs’ and sex games. Some of Pornhub’s most popular actresses will also be making appearances during the month.

    “As an online brand, we’ve been limited to interacting with our fans on the site and through social media,” said Pornhub’s VP Corey Price, explaining the strategy behind the store.

    “As we continue to increase brand awareness and expand into new verticals like retail, we are looking for new ways to interact with our fans. We thought it would be great to open up a store where fans can come check out the recent streetwear pieces we’ve collaborated on and some of our product lines,” he said.

    The store will feature products from two of Pornhub’s latest partnerships: a line of streetwear by the clothing brand, Richardson, which includes reissues from their fall line and two new designs; and the Pornhub couple’s sex-toy line from Ann Summers. The Pornhub store will also carry its own products such as limited Pornhub clothing inspired by the iconic Pornhub logo, including both men and women’s clothing; the Adult Coloring Book; and branded gear from content partners Brazzers and Team Skeet.

    The space Pornhub is occupying on Soho’s Wooster St was previously home to Thai-American fashion designer Thakoon Panichgul. Neighbours include such brands as Moschino and Celine

    Casey described the site as “an exceptional location” for Pornhub’s retail debut. The space has been reconfigured to simulate the look and feel of the Pornhub homepage, including a bed inside where people are invited to sit and “interact” with the camera on a live-feed streaming onto Pornhub.com directly. Visitors to the store must be aged 18 or over.

     

  • Zalora Group to focus on Its in-house labels

    Zalora Group to focus on Its in-house labels

    Singapore-based Zalora Group is featuring its own in-house labels Something Borrowed and Zalora in its upcoming Chinese New Year collection.

    Both labels will have capsule collections offering themes and styles that can be mixed, matched and worn beyond the lunar festivities.

    With a Scarlet Garden theme, Zalora the label will have 105 SKUs featuring practical and sophisticated silhouettes in multiple colours such as deep red, jungle green, soft pink and gold. Jacquard fusion metallic and satin jacquard pieces will debut in its collection to put a contemporary spin on traditional elements.

    For street-inspired styles, Something Borrowed will offer a spring-themed collection with 89 new SKUs that mix youth culture with Chinese New Year colours. The floral biker jacket is a key statement piece, and the floral print is worked into the other stories of the collection. As an update to previous collections, Something Borrowed will feature a full range of embroidered and precious denims.

    Founded in 2012 as part of Global Fashion Group, Zalora has a presence in Brunei, Hong Kong, Indonesia, Malaysia, Singapore, Taiwan and the Philippines. It offers international and local brands and products across apparel, shoes, accessories and beauty categories for men and women.

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  • Cath Kidston to change focus on expansion

    Cath Kidston to change focus on expansion

    As Cath Kidston China scales back because of diluted profits, the British handmade accessory chain is rolling out an expansion in other parts of Asia.

    It’s prime focus is Japan, where it plans to nearly double its presence over the next three years. South Korea and Thailand are the next two markets flagged for growth.

    CEO Kenny Wilson says the company plans to expand to about 55 stores in Japan, a decision based on two independent studies. Known for its flowery prints, the brand is likely to pop up soon in prime spots such as Tokyo’s Shibuya and Shinjuku shopping districts as well as cities like Chiba and Shizuoka.

    Cath Kidston also plans to bolster its online presence by creating synergy between its physical stores and e-commerce shop.

    Wilson believes the brand’s initial success in Japan comes from its “pretty, feminine, cute and colourful” products. “I think people in Japan like our business, because they love handcraft.” Each Cath Kidston print is hand drawn.

    Meanwhile, the brand has been growing about 20 per cent on average across Asia Pacific and expects the demand for design-focused accessories to increase against a backdrop of continued economic growth.

    It has upped its output of leather products, tapping into the business market, while collaborative items with Disney have also helped boost sales.

    As high rents cut into profitability, the company has shifted its strategy in China. This will see it close more shops and concentrate on e-commerce.

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  • AmorePacific opens new headquarters in Yongsan

    AmorePacific opens new headquarters in Yongsan

    AmorePacific has opened its new headquarters in Yongsan-gu, Seoul, beginning a new era for the 72-year-old cosmetics maker seeking to become one of the world’s top five “beauty” companies.

    The completion is expected to facilitate the firm’s Vision 2025 plan in which it aims to become a “great company. ” Toward that end, it is trying to bolster its overseas presence, innovate the way it conducts business, create additional value for employees and local companies, and expand its product portfolio.

    The construction, which began in August 2014, was to demolish the previous 10-story building and create the new 22-story structure on a 14,526 square-meter site. British architect David Chipperfield designed the structure in a moon-shaped jar of white porcelain, the company said.

    More than 3,500 employees from holding company AmorePacific Group and its subsidiaries, who used to work at Signature Tower near Cheonggye Stream in Jongno-gu, have moved into the new building.

    The building, which can accommodate as many as 7,000 people, will also host Samil PricewaterhouseCoopers that has signed a 10-year lease contract to use four stories from April 2018.

    Its entire fifth floor is reserved exclusively for AmorePacific employees as the space will be occupied by a cafeteria, a gym, a massage room and other amenities designed to improve workers’ wellbeing.

    On the first floor, AmorePacific has built a museum, a library, a daycare center and other facilities that can be used by its employees and visitors.

    “AmorePacific, which started its business in Yongsan in 1956, has become an exemplary corporate citizen that prospers with global communities,” CEO Suh Kyung-bae said. “Our new headquarters will become a hall of beauty for the entire world.”

    Suh said the company will continue to work hard to be recognized as one of the most sustainable and socially responsible businesses for its employee-friendly corporate culture, a win-win partnership with small businesses and active social giving programs.

    Founded in 1945 in Gaeseong, North Korea, by his late father Suh Sung-whan, AmorePacific started operations in Seoul in 1956 by purchasing a two-story building. In 1976, the company rebuilt it into a 10-story structure as it emerged as one of Korea’s largest cosmetics makers.

    In 2016, AmorePacific had 6.7 trillion won (US$6 billion) in sales with a 1.8 trillion won operating profit, ranking as the 12th largest cosmetics firm in the world. It exported products worth 1.7 trillion won in 2016, mostly to its three major markets: China, Southeast Asia and North America.

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  • Elliatt launches first brand store in China

    Elliatt launches first brand store in China

    Six-year-old Melbourne design brand Elliatt has opened its first-ever own-brand store – not in Australia, not in an established market of the West, but in China.

    However, it did use its home city’s most famous sporting event, the Melbourne Spring Racing Carnival, to promote its arrival in Shanghai with the first of 16 stores for an initial roll-out.

    It invited Chinese actress Zhang Meng (“Lemon”) to socialise in the celebrity “birdcage” area at the race course for two days, showing off a range of Elliatt styles and, of course, sending out images and comments to her 7.6 million Weibo followers in China.

    “Iconic sporting events like this provide a great opportunity for local brands and designers to launch themselves on to the world stage and break into new markets, especially in China,” says executive director for trade Gonul Serbest of Trade Victoria, a government department that connects state brands with international partners. “The races have always been a place for Melbourne to flaunt its reputation as Australia’s fashion capital.”

    Elliatt’s target niche is consumers between 25 and 35 years old who want well-cut clothing with special details such as lace, embroidery and prints, and high-quality materials at a price point within the accessible luxury segment.

    Global boutiques

    Its fashions are stocked in more than 1200 boutiques globally, including Bloomingdale’s and Nordstrom, and the brand has distribution networks spanning Asia, Australia, New Zealand, Europe and the US. The brand has turnover of about US$5.3 million annually.

    “China is our biggest growth market,” says Elliatt founder/designer Katie Pratt. “My business partner is Chinese and knows the market quite well. We are seeing more rapid growth with our brand in China in a shorter period than anywhere else.”

    It was this that prompted Elliatt to finally launch an own-brand store, but not at home.

    Pratt believes consumers in China identify strongly with the brand. “We’re quite quirky, we’re colourful, we’re detailed and quite feminine, and that is resonating really well with Chinese consumers. Also, in the areas of the market we are pitching at, there is less competition in China.”

  • Take a deeper look on Pharrell Williams & Chanel’s collaboration

    Take a deeper look on Pharrell Williams & Chanel’s collaboration

    Pharrell Williams’ sneaker collaboration with Adidas Originals HU NMD and Chanel launched at the Paris boutique Colette.

    Chanel at Colette
    Source : WWD

    To celebrate, the luxury French house founded by Gabrielle Chanel threw a party attended by the likes of Karl Lagerfeld and Justin Timberlake. Indeed Williams has collaborated with Timberlake for his upcoming album.

    The sneakers, 500 of which have been made and which 120,000 hopefuls pre-registered on the Colette website to be in with a chance of buying, are retailing for almost $1200. Williams, however, speculated that the might fetch up to $40,000 on the resale market.

    Here, are 13 of the most illuminating takeaways from the day’s experience. Quotes from Pharrel Williams are used as explanations.

    1. His relationship with Chanel began in an unexpected way.

    “I used to listen to Notorious B.I.G. back in the day and he used to talk about bags by Chanel.”

    2. Williams began wearing the label long before the unisex trend took shape.

    “One day I had the audacity to buy a belt even though I knew it was a woman’s brand and other things that would fit me, like a couple of sweaters that felt like they were unisex.”

    3. He’s also been customizing his sneakers since forever.

    “I started writing the CCs on some of my sneakers and the rest is history.” He customized his own Chanel collaboration pair with slogans such as “Women’s Rights” on the back and “God Is The Greatest,” “Love Your Enemy” and “Others First” on the sides of the soles.

    4. Williams does not consider himself a style beacon.

    “I’m definitely not a style icon. I’m learning all the time and I pride myself on doing collaborations with people I can learn from.”

    5. He was initially worried that Chanel might say no when he proposed the collaboration.

    “I could not believe it [when they said ‘yes’] and I still cannot believe I’m here. It has been never done in the history of the brand.”

    6. Yes, some people do actually say no to Pharrell Williams.

    “My wife tells me no all the time.”

    7. Those sneakers could have looked very different.

    “We picked five different designs and these were the ones that Karl liked,” he said of the collaboration sneakers he sported. “They say Chanel on one foot and Pharrell on the other. There were some that just said Chanel or Gabrielle. There were different combinations. It is another level to have my name alongside Chanel. That’s what I was really honored by.”

    8. Like many artists, Williams has synaesthesia, meaning he perceives music as colors.

    “It is because [the artists’] minds are wired to perceive things metaphorically: If they hear something, they see a color. That’s an instant metaphor.” Indeed color plays a major role in his life, not least his hair. While he is now sporting an orange dye job, “two years ago I dyed my hair green and that was the tipping point when I decided to do another album with N.E.R.D. I am like a method actor.”

    9. So what color is his “Lemon” track with Rihanna?
    Yellow of course. And as for that eagerly anticipated, upcoming N.E.R.D. album, it involves “a lot of colors like crazy graffiti.”

    10. Williams doesn’t like interviews.

    “Talking about your art form too much drives out the lucidity and the vividness of it. So if it was a painting, by the time you’re done doing the interview the painting will have faded a bit.”

    11. Women have taught him everything he knows.

    “From my mom women I dated from fashion, taste, how to take care of my face how to see deeper into things and not just be hooked on aesthetics that’s how a woman’s mind works. They do not just stare at the painting, they figure out what it means.”

    12. And as evidenced by the messages he wrote on the back of his shoes, he strongly believes in women’s rights.

    “You guys deserve to get paid as much as we do. We owe the female species.”

    13. Any more collaborations with Chanel in the pipeline?

    “I think that is up to them. I would love to.”

  • Buccellati China opens store in Shanghai

    Buccellati China opens store in Shanghai

    Buccellati China has opened its first store, in Shanghai’s Plaza 66 shopping mall.

    To celebrate, the Italian luxury jeweller hosted a grand opening ceremony followed by a gala dinner attended by its brand ambassador, international actress Zhang Ziyi.

    Buccellati also unveiled The Labyrinth High Jewelry capsule collection for Japanese luxury watches and jewellery store Wako featuring seven one-of-a-kind pieces, all embellished with diamonds and featuring such iconic Buccellati touches as tulle patterns and “rigato” engravings.

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  • Malaysia Airports reports +17.0% year-on-year surge in retail revenues

    Malaysia Airports reports +17.0% year-on-year surge in retail revenues

    Malaysia Airports Holdings Berhad (MAHB) has reported a +17.0% year-on-year surge in retail revenue to RM623.5 million (US$151.8 million) in the nine months ended 30 September 2017.

    Group retail and food & beverage sales per passenger increased +12.3%.

    Non-aeronautical revenues at the group, which runs Malaysia’s major airports as well as having a stake in Istanbul Sabiha Gökcen Airport in Turkey, rose by +13.9% to RM1,169.2 million (US$284.7 million).

    Retail and F&B sales at Kuala Lumpur International Airport (KLIA) and low-cost terminal klia2 combined – the key locations for commercial activities at the group –increased +26.7% to RM1,546.8 million (US$376.6 million).

    Malaysia Airports’ retail arm Eraman posted revenue of RM536.3 million (US$130.6 million) across KLIA and klia2, up +15%. Sales per passenger increased +2.0% to RM12.37 (US$3).

    At Istanbul Sabiha Gökcen Airport, where the concessionaire is Setur Duty Free, duty free spend per passenger fell -5.5% to €8.81. Non-aeronautical revenue slipped -7.8% to €62.9 million.

    MAHB said group passenger traffic increased +8.6% to 95.3 million. International traffic growth in Malaysia (+14.7%) and Turkey (+6.6%) outpaced respective domestic growth.

    MAHB group revenue was up +10.1% to RM3,405.5 million (US$828.4 million). EBITDA increased +10.6% to RM1,478.4 million (US$359.6 million).

    Travel retail seems to be gaining a continuous growth, not only in Malaysia, but all Asia Pacific, without ignoring the high number of tourists purchasing goods in the country of origins of the brands.

  • Neo Investment to Fund $40 million for Victoria Beckham

    Neo Investment to Fund $40 million for Victoria Beckham

    Fashion entrepreneur Victoria Beckham has raised £30 million (US$40 million) from growth equity firm Neo Investment Partners in exchange for a minority stake in her namesake luxury label.

    While the terms of the transaction have not been disclosed, market insiders say the deal values the business at £100 million.

    “As the business continues to grow, I appreciate the need for external investment which, in turn, would bring external expertise,” says the former Spice Girl. “Neo has shown it can take founder-led businesses with a global outlook to new heights. Our focus is on building a sustainable, profitable luxury brand.”

    Neo Investment Partners founder/managing partner David Belhassen says Beckham is an inspiration to millions of women around the world. “She has built a unique, differentiated luxury brand with a strong identity and very high potential.”

    Beckham plans to use the funding to expand the luxury womenswear brand’s physical retail and e-commerce presence, as well as drive growth of core product categories.

    After a series licensing deals for eyewear, denim and fragrance, Beckham launched her own luxury womenswear line in 2008 with a range of dresses. Initially shunned by the fashion industry, she has since expanded into handbags, eyewear and shoes and currently employs 180 people with stores in London and Hong Kong as well as an e-commerce site.

    Beckham teamed with Target last year for a capsule collection, and is now working on a collaboration with Reebok expected to launch late next year. “To challenge the traditional notions of fitness wear within a fashion context is something I have always wanted to do,” she says.

    The Victoria Beckham label is controlled by Beckham Brand Holdings, a holding company that also owns the licensing of the former football star’s name. The company is owned by the husband-and-wife team of David and Victoria Beckham as well as Simon Fuller, the entertainment impresario who created the Idol franchise.

  • Burberry Japan to close all beauty stores before 2018

    Burberry Japan to close all beauty stores before 2018

    Burberry Japan will shutter its entire beauty retail network by 2018, comprised of Burberry Beauty and Burberry Beauty Box stores.

    Following the closing of the Yokohama store in October 2017, Burberry Beauty before December 31 will have finalised mass store closures across Japan, after the British firm’s Japanese distributor Shiseido ended the contract partnership in April 2017.

    The Japanese cosmetic giant Shiseido, who recently announced a strategic shift in operations to focus more on its own prestigious brands, formed its allegiance with Burberry back in 2015, and has since held the contract granting it distribution rights Burberry’s beauty line and fragrance in Japan.

    Under the new store approach in Japan, Burberry Beauty has already closed its Lumine Yokohama store on November 13, and the Ikebukuro Seibu store is scheduled to close on 25 December 2017.

    Moreover, the Ginza Mitsukoshi store and the Umeda Hankyu store will close on 31 December 2017.

    Japanese customers are still able to buy the brand’s makeup items from the Burberry website even after the stores close. As for Burberry fragrances, the company will look for new distributors and gradually redeploy its retail presence in Japan.

    The news follows Burberry Beauty’s new partnership with American company Coty, which has obtained the licencing rights for beauty products developed by the heritage brand.

    Kicking of in October 2017, Marco Gobbetti, CEO of Burberry, said: “Following months of hard work to ensure a smooth transition, this strategic partnership, which brings together tremendous beauty experience and expertise, has begun.”

    Coty will have overall responsibility for strategic direction on the portfolio’s development, leveraging its global capabilities in beauty strategy, innovation, supply-chain and go-to-market, working in partnership with Burberry.

    Coty CEO Camillo Pane said the firm’s “world-class ability in developing and bringing to market beauty brands will help drive a new phase of development and growth for Burberry Beauty.”

    In Japan, as well as in other Asian markets, Burberry beauty products will be sold in leading luxury beauty retailers globally as well as in remaining Burberry stores and digital channels.

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  • Fashion TV cosmetics to open store

    Fashion TV cosmetics to open store

    Inspired by models’ daily routines and backstage beauty secrets, FashionTV has introduced its beauty line, FTV Cosmetics, to Singapore.

    With years of experience from working with industry experts, such as makeup artist Felix Shtein, FTV Cosmetics combines technology, natural ingredients and special formulas that cover makeup and skincare to haircare and styling, as well as bodycare.

    On offer are more than 140 products, including its best-selling 24Karat Golden Hero Mega Mask, Translucent Highlighter Powder and FTV Perfect Selfie Liquid Foundation.

    FTV Cosmetics debuts at Wisma Atria and within the next few days will follow up with a flagship store at 313 Somerset.

    FTV Cosmetics already has a presence in China, Macau and the Philippines and plans further global expansion with 52 more outlets by the end of next year.

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