Retail News CRM

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.

  • Tod’s Landmark introduces new store concept

    Tod’s Landmark introduces new store concept

    Just opened, Tod’s Landmark flagship introduces the brand’s new store concept to Hong Kong.

    Covering 255sqm, the luxury leather brand’s two-storey boutique features steel vitrines with silver and taupe saddle-stitched leather panels, suspended showcases, high-gloss ceilings and travertine marble floors.

    A cocktail party to mark its opening was attended by its brand ambassador, Chinese actress Liu Shi Shi, wearing the latest Tod’s styles. Other guests included socialites and celebrities such as Gaile Lok,  Jason Chan, Jennifer Tse, Kathy Chow, Pakho Chau and Sarah Song.

    A highlight of the evening was a demonstration by an Italian artisan flown in to showcase the craftsmanship of Made in Italy with the label’s latest icon bag, Tod’s Sella.

    Every Tod’s product is handmade in Italy. The group has six shoe factories and two for leather goods, and also uses a handful of specialised laboratories.

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  • Tumi Hong Kong expands

    Tumi Hong Kong expands

    Travel essentials brand Tumi Hong Kong has opened a boutique store at Elements Mall in Tsim Sha Tsui and unveiled a new look for its IFC outlet in Central.

    On Hong Kong Island, Samsonite-owned Tumi has introduced its new “Madison Concept” store design, originally created by award-winning designer/architect Dror Benshetrit for the brand’s New York City flagship. It features clean lines, light-coloured furnishings and custom shelving to display Tumi’s travel, men’s and women’s everyday bags, business bags and accessories. Angled display bays offer a 360deg view of the bags while ensuring they are more accessible to customers.

    Other features are polished metal fixtures, walnut-finished wood detailing and a flat-screen video wall sharing Tumi videos. There are such details as mirror-polished steel door handles in the shape of the brand’s “T” logo, and tone-on-tone glass panels that subtly reproduce the logo in miniature inside and outside the store.

    As with all other Tumi stores in Hong Kong, there is a monogramming station where shoppers can customise their purchases at no extra charge.

    To mark the Elements opening, the store introduced the new limited-edition 19 Degree travel case in matte black aluminium with rose gold. Exclusive to the store until the end of this month, the case comes in three sizes and features internal dividers and organisational pockets, a patented telescoping handle system and dual recessed wheels.

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  • Two more stores for Uniqlo Singapore

    Two more stores for Uniqlo Singapore

    Uniqlo Singapore is opening two more stores – at Changi Airport Terminal 4 at the end of this month and at Northpoint at the end of December.

    This will take its Singapore store total to 26, as well as its online outlet.

    Its airport store will be in the departures hall of the new Terminal 4, and will cover about 3000sqft (279sqm). Unlike the current Uniqlo airport store in Terminal 1, the new outlet will offer children’s clothing as well. Exclusive offers will be available from October 31 to November 12.

    The new store at Northpoint City in Yishun will cover about 10,500sqft and offer clothing for men, women and children.

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  • Coach Vietnam to have its first store

    Coach Vietnam to have its first store

    The first Coach Vietnam store is soon to open in Ho Chi Minh City.

    The American leather-goods brand will make its market debut in the Saigon Center next month, with the store already under construction.

    The first store is set in the concept of ‘Modern Luxury’, and will sell all latest items and collections from the brand, including Coach x Selena Gomez.

    Coach Vietnam is operated by Maison Group, which also distributes other brands such as Christian Louboutin, Karen Miller, Mango, MaxMara and Topshop.

  • Mango India moves offline with store in Delhi

    Mango India moves offline with store in Delhi

    Mango India has moved on to the ground with a store in Delhi in conjunction with its e-commerce business partner Myntra.

    In turn, Myntra has partnered with select retail companies to curate the Spanish apparel company’s offline business and help it expand its omni-channel strategy in India.

    Mango’s expansion plan comprises 25 store openings in India over the next five years. Its first store, at Select Citywalk Mall in Delhi’s Saket district, was launched with an event hosted by model/actress Ileana D’Cruz. The second store will open at Phoenix Mall in Mumbai next month, to be followed by three more openings before year’s end.

    Delhi’s store has advanced technology to provide a seamless shopping experience. It sets the style for the stores to come, featuring integrated inventory and the “endless aisle” concept. Customers can browse the Mango collection on an in-store tablet, check out product details and availability, and have goods from other stores delivered to their home. The tablets also provide personalised recommendations based on purchase history, and advise customers about new products and styles.

    By using the assisted-checkout feature on the tablets, customers will be able to skip queues.

    Mango chose Myntra in 2014 to help develop its online business in India. Already Mango has become one of the five top-selling women’s western-wear brands on Myntra marketplace, with annual growth rates exceeding 100 per cent.

    “Myntra’s expertise has allowed us to reach virtually every corner of India and increase our customer base exponentially,” says Mango executive VP Daniel Lopez. “Following an omni-channel strategy and having physical stores will allow us to generate value for consumers by improving their shopping experience”.

    Founded in 1984, Barcelona-based Mango has stores  in 110 countries. Every year it designs more than 18,000 garments and accessories, and closed its latest financial year with sales of  €2.26 billion (US$ 2.6 billion).

    Myntra marketplace lists more than 2000 fashion and lifestyle brands such as Adidas, Diesel, Ferrari, Harley Davidson, Levi’s, Nike, Puma, Timberland and Wrangler.

  • Record trading year for Fast Retailing

    Record trading year for Fast Retailing

    Uniqlo parent Fast Retailing has had record revenue and profit levels for its latest trading year, to August 31.

    Consolidated revenue reached ¥1.8619 trillion (US$16.6 trillion), up 4.2 per cent year on year, the operating profit soared 38.6 per cent to  ¥176.4 billion while profit attributable to the owners ballooned 148.2 per cent to ¥119.2 billion.
    Net profit expanded by 2.5 times mainly because of profit gains by Uniqlo International.

    Uniqlo Japan: Gross profit margin improves but operating profit down…

    • Revenue up 1.4 per cent to ¥810.7 billion
    • Operating profit down 6.4 per cent to ¥95.9 billion
    • Full-year same-store sales expand by 1.1 per cent (second-half growth of 2.4 per cent, thanks to sales of newsworthy items such as wireless bras and Dry Stretch Kando Pants).
    • Gross profit margin improves by 0.3 points.

    Uniqlo International: Operating profit nearly doubles as Southeast Asia business enters growth stage…

    • Revenue up 8.1 per cent to ¥708.1 billion
    • Operating profit almost doubles (95.4 per cent) to ¥73.1 billion on improved gross profit margins and leaner cost structures regionally, as well as a halving of the operating loss at Uniqlo USA
    • Performance especially strong in Southeast Asia and Oceania, where operating profit doubled year on year.

    Uniqlo Greater China and Uniqlo South Korea also reported large year-on-year profit gains, says Fast Retailing.

  • Diesel Ginza re-opens after top-level redesign

    Diesel Ginza re-opens after top-level redesign

    Launched in 2008, the Diesel Ginza store in Tokyo has re-opened after being restyled by the brand’s own design team.

    A showcase for the Italian brand, the store covers three floors at the 12-storey Ginza Glasse shopping mall. The ground floor, which features a gate-shaped LED screen, matches contemporary elements with rustic-inspired props, such as steel fixtures paired with rugs, concrete flooring with wooden ceilings, and antique furniture.

    This floor and the second level offer the full range of men’s and women’s collections of denim, apparel, bags, shoes and accessories.

    On the third floor are areas dedicated to the Diesel Black Gold and Diesel Living collections, set against industrial furnishings and concrete flooring. The Black Gold section has wallpaper as a backdrop, while the Diesel Living features a boombox and wooden planks.

    The store features exclusive pieces such as leather jackets and denim.

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  • Esprit Holdings shares worth HK$900m given to sisters

    Esprit Holdings shares worth HK$900m given to sisters

    Former Esprit Holdings chairman Michael Ying Lee-yuen has transferred all 211.8 million shares he owned in the fashion group, worth HK$900 million (US$115 million), to his two daughters.

    Ying, the husband of former movie star Lin Ching-hsia, transferred the shares to the company Total Market, according to a Hong Kong stock exchange disclosure of interests filing.

    His daughters Claudine Lauren Ying, 29, and Eileen Ying, 20, each own half of Total Market. Neither daughter has previously owned Esprit shares, but the transactions makes them jointly the brand’s second-largest shareholder with a 10.97 per cent stake.

    Their 67-year-old father no longer owns any Esprit shares. He joined the fashion group in the 1970s and played a key role in building it into a global brand. He stepped down as head in 2006, and had sold most of his stake by 2010.

    Ying has a net worth of about US$2.4 billion, Forbes estimates.

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  • Claudie Pierlot sees Asia as ‘next growth vector’

    Claudie Pierlot sees Asia as ‘next growth vector’

    After consolidating its presence in Europe, fashion label Claudie Pierlot sees strong potential in Asia, particularly China.

    It is the smallest of the three labels owned by SMCP group, with Maje and Sandro already well established. Claudie Pierlot joined the group in 2009, and in the past three fiscal years has grown sales by nearly 30 per cent. It topped the €100 million revenue mark last year.

    Accounting for 16 per cent of the group’s total revenue of €786 million (US$933 million) last year, the label is expected to increase by yet another 30 per cent this year.

    Claudie Pierlot is opening between 20 and 30 retail outlets a year, half of them ‘corners’ and half monobrand stores, most directly owned. This rate of expansion has brought the label’s total network to 200.

    Claudie Pierlot GM Isabelle Allouch says the label is already growing in Asia given its style and accessible luxury positioning.

    After being acquired by Chinese group Shandong Ruyi, SMCP has a solid infrastructure in the region and is pushing hard to speed up brand development there. As a result, Claudie Pierlot has opened 10 stores in the past 12 months, in Hong Kong, Mainland China and South Korea.

    More stores are expected to follow in each of these countries on account of SMCP’s impending stock exchange listing. “The region is clearly our next major growth vector,” says Allouch.

    Claudie Pierlot was previously established in Japan, thanks to partnerships set up by its founder before the label was bought by SMCP. “We are entering countries one by one, so we will first concentrate on China. Japan will come later,” says Allouch.

    As well as working on its retail network, the label is also busy in the accessories category, which it wants to grow to become 10 per cent of the business. As well as footwear, it last month added a signature handbag to its product line.

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  • Sincere Fine Watches showcasing German masterpieces

    Sincere Fine Watches showcasing German masterpieces

    Sincere Fine Watches in Singapore continues its “100” exhibition theme, this time showcasing that number of masterpieces from German watchmaker A Lange & Sohne.

    The series started in 2013 with the “100 Tourbillons” exhibition, bringing together 21 brands in a world-first showcase. In 2015, “100 Complications” featured 22 brands in the best of haute horlogerie.

    For 13 days from tomorrow, Sincere puts the focus on one brand with its “100 Masterpieces”. A Lange & Sohne is known for producing only a few thousand wristwatches in gold or platinum each year, each with proprietary movements, lavishly decorated and assembled by hand.

    This another world-first showcase by Sincere Fine Watches as the never-before-seen collection includes old pocket watches from the brand’s archives, the first four wristwatches created in 1994 when the brand was re-established, and its latest range alongside timepieces from each of its product families.

    The exhibition is at the Sincere Fine Watches flagship boutique at Takashimaya Shopping Centre.

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  • Gucci bans fur

    Gucci bans fur

    Italy’s Gucci will stop using fur in its designs from next year, joining a growing number of fashion houses looking at alternatives after coming under pressure from animal rights activists and changing consumer tastes.

    Gucci, part of Paris-based luxury group Kering, has paraded models down the catwalk in luxurious fur coats in the past and creative director Alessandro Michele brought in loafers and sling-backs lined with kangaroo-fur two years ago.

    But the brand said it would now join an alliance of fur-free companies, adding it would sell off remaining accessories and clothing made with animal fur in a charity auction.

    Gucci has sold some of its mink fur coats for over $US40,000 ($A51,000).

    Marco Bizzarri, Gucci’s chief executive, said the brand would drop fur starting from its spring and summer 2018 collection and that its new approach had been agreed on with Michele.

    Gucci has enjoyed a revival under Michele, whose flamboyant, colourful designs have fuelled sales over the past two years.

    Animal rights campaigners said they hoped the move by the Italian fashion house could have a knock-on effect, although it is far from the first label to stop using fur.

    “Gucci’s decision will radically change the future of fashion,” said Simone Pavesi, manager of animal-free fashion at Italian campaign group LAV.

    “As fashion becomes more and more ethical, supply chains that revolve around animals will be a thing of the past.”

    In June, Yoox Net-A-Porter, a multi-brand online luxury retailer, adopted a fur-free policy on accessories and clothing sold on the site.

    Italy’s Giorgio Armani last year committed to stop using fur, saying technological progress meant there was no longer any justification for cruelty to animals, while US brand Calvin Klein took the plunge in 1994.

  • H&M invests in ‘new unique’ recycling technology

    H&M invests in ‘new unique’ recycling technology

    H&M Group has also invested in new unique recycling technology, after partnering with Swedish company re:newcell whose unique technology recycles used cotton, viscose and other cellulosic fibers into a new, more sustainable dissolving pulp.

    The pulp can be turned into new textile fibers and be fed into the textile production cycle.

    H&M said the partnership is another step towards H&Ms goal to use 100 per cent recycled or other sustainably sourced material by 2030.

    “Re:newcell´s technology has the potential to become a commercial and scalable solution for the industry and accelerate the journey from a linear fashion industry towards a circular one”, said Cecilia Brännsten, acting environmental sustainability manager and circular economy lead, at H&M group.

    Earlier this month, the fast fashion giant reported a quarterly earnings drop after reduced footfall in stores and increased competition in the fashion sector.

    Net profit for the three months to end-August, the third quarter of the retailer’s financial year, came in at 3.84 billion kronor ($470 million), a drop of 20 percent. Sales grew 4.6 percent to 51.23 billion kronor.

    The fast fashion giant recently  confirmed it will open its first Wellington store at Queensgate Shopping Centre in Lower Hutt on October 26.

    Queensgate will be the site of H&M’s third store in New Zealand and span 2,700sqm over two levels.

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  • Taco Bell x Forever 21 fashion collaboration launched

    Taco Bell x Forever 21 fashion collaboration launched

    Styles from fast-food chain Taco Bell’s first-ever fashion collaboration have been released in Forever 21 stores across the US and globally online.

    To launch the Taco Bell x Forever 21 collaboration, both brands invited their fans to a late-night runway show in downtown Los Angeles at which the models were Taco Bell super fans and influencers.

    A mural was created live during by event by artist Lefty Out There, and Taco Bell Feed the Beat artist Cheat Codes also performed.

    A Forever 21 pop-up boutique sold pieces from the collection while a Taco Bell truck dished out signature menu items paired with frozen treats.

    The limited-edition collection features vibrant prints and iconic graphics in the form of tops, bodysuits and cropped hoodies for women, plus for men a sweatshirt, hoodie and anorak jacket.

    In Asia, Taco Bell has stores in India, Japan, South Korea and the Philippines. It withdrew from Singapore nine years ago.

  • Levi’s Cambodia makes Siem Reap debut

    Levi’s Cambodia makes Siem Reap debut

    Levi’s Cambodia has opened its first store in downtown Siem Reap.

    The US denim-focused fashion brand now operates six official stores in the country, with four in Phnom Penh and one at Siem Reap international airport.

    Levi’s Cambodia has been operated by DKSH, the brand’s sole franchisee and distributor, since 2010.

    “We are optimistic about the prospects of Cambodia’s retail environment,” said Peter Hornby, VP for fashion apparel with DKSH Thailand.

    “In particular we have seen strong growth and demand for Levi’s branded products among Cambodia customers, and we plan to continue our retail expansion to 10 or more stores by the end of 2018.”

    The downtown store is also the first stand-alone outlet for the brand, with the other five in centre developments.

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  • Lancome Travel Retail opens airport pop-up

    Lancome Travel Retail opens airport pop-up

    French luxury beauty brand Lancome Travel Retail has opened a Holiday Wonders pop-up store at Singapore’s Changi Airport.

    In partnership with The Shilla Duty Free and Changi Airport Group, it is at the Terminal 3 Departure Transit Hall (Central) until November 10.

    The first of its kind at the airport and a first for the brand, the pop-up celebrates the brand’s new “Declaring Happiness” global campaign and the release of Lancome Advanced Genifique Sensitive. It also introduces Lancome’s augmented-reality virtual makeover app, Virtual Mirror.

    Another digital touchpoint is at the pop-up entrance, where customers can play an interactive game with a chance to win samples of Lancome’s bestselling L’Absolu Rouge lipstick.

    Immersive retail experiences at the pop-up invite travellers on an Parisian escapade. Outfitted with wooden floors and chimney, the store also features a special window with an Eiffel Tower view. Customers can take selfies of themselves “flying” over Paris holding a Lancome floating gift balloon at a custom photobooth.

    A sharing table lets customers experiment with textures and colours, as well as test-drive tailored skincare routines or makeup looks under the guidance of beauty advisors.

    Lancome Travel Retail national makeup artist Vic Tu will host a beauty show at the pop-up on October 14 and 15.

    As well as the experiential offerings, travellers can also take advantage of beauty travel exclusives at the pop-up store as well as at Changi Airport’s online duty-free shopping site, iShopChangi. Buyers of the “Your Perfect Travel Companion” sets at the pop-up store will also receive an exclusive collectible, a Lancome x Singapore luggage tag with complimentary engraving services at specified times.

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