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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.

  • Prada sales surge in nine months

    Prada sales surge in nine months

    Prada Group enjoyed higher net revenue in the first nine months of FY23, with Miu Miu delivering outstanding results, attributed to growing brand awareness and increasingly strong client relationships worldwide.

    The luxury retailer saw net revenue rise 17 percent year over year to US$3.53 billion in the nine months ended September 30.

    Retail sales of Prada brand jumped 13 percent, while Miu Miu surged 49 percent.

    “In the third quarter, Prada remained on a sound growth trajectory, driven by solid full-price like-for-like sales. Miu Miu continued to deliver a strong performance across all geographies and categories,” said Andrea Guerra, CEO at Prada Group.

    “In an uncertain geopolitical and economic backdrop that requires us to stay vigilant, we continue to see positive momentum in the business and strong excitement around our brands, positioning us well for Q4 and vis-à-vis our ambition to deliver solid, sustainable, and above-market growth in FY23.”

    The group’s retail sales soared 17 percent to $3.15 billion while wholesale sales inched 6 percent higher to $307.6 million. Royalties swelled 67 percent to US$77.2 million.

    Japan posted the highest retail sales growth across all geographies at 47 percent. Retail sales in Asia Pacific, Europe, and the Middle East grew 21 percent, 17 percent, and 12 percent, respectively.

    The company experienced a slight decline of 1 percent in retail sales in the Americas.

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  • Sportswear label Anta opens outlet in Thailand

    Sportswear label Anta opens outlet in Thailand

    Chinese sportswear brands Anta has launched its first brick-and-mortar store in Thailand as part of its expansion plan in the Southeast Asia market.

    Located in Bangkok’s CentralWorld, the store covers an area 230sqm, embraces the Thai culture, and features designs in collaboration with local artists.

    Anta’s entry into Thailand marks the brand’s fourth expansion in the Southeast Asia market following the Philippines, Malaysia and Singapore.

    “You will also see that this is the first store in Anta where we devised a social space for customers to try on shoes, and while doing so able to engage in a bit of co-creation on the sticker bomb on the floor – we have additional stickers also for you to be a part of the co-creation process, to add onto the sticker bomb,” the brand wrote on its official statement.

    With more than 30 years of operation, Anta has a portfolio of brands including Fila, Descente, Kolon Sport, Arc’teryx, Salomon, Wilson, Peak Performance, and Atomic.

    The company is reportedly planning to launch its brand Fila in Thailand before the end of this year, and Salomon, Wilson and Descente by next year.

  • TBH Skincare rolls out in 857 Coles stores

    TBH Skincare rolls out in 857 Coles stores

    TBH Skincare has partnered with Coles Supermarkets and will be stocked in 857 stores across Australia.

    The move follows the brand’s recent merger with fellow beauty company Boost Lab under the new umbrella, York Street Brands. Earning more than $6 million in annual turnover just three years after launch, TBH Skincare expects to bring in an estimated $20 million in combined revenue annually.

    “We have been in discussions with Coles for several months, and we couldn’t be more excited,” said Rachael Wilde, co-founder of TBH Skincare.

    “Seeing over 115,000 units leave our warehouse just for the first order and thinking of how many people that will reach is a dream come true.”

    TBH Skincare began as an e-commerce channel in 2020, launching with its Acne Hack Spot Treatment product. Since then, the brand has expanded its product range and stockists, with more than 1200 stores now carrying its products.

    “My mission has been to give consumers ease in access so they feel empowered, and now I feel like, as a brand, we can say that confidently,” said Wilde.

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  • Danish jewelry maker Pandora to build $163M crafting facility in Vietnam

    Danish jewelry maker Pandora to build $163M crafting facility in Vietnam

    Denmark’s Pandora will start work on a jewelry crafting facility in Vietnam in the first quarter next year at a cost of US$163 million.

    The facility, in the southern industrial hub of Binh Duong, is scheduled to become operational in 2026, Michael Zinck Jensen, project head of Pandora Production Holding in Binh Duong, told Deputy Minister of Construction Bui Xuan Dung Monday.

    It will come up in the Vietnam Singapore Industrial Park and employ 7,000-9,000 workers.

    But it is having difficulty acquiring construction permits, and he expected the Ministry of Construction to speed up the process, Jensen said.

    Dung said he has tasked a unit with assisting the company to complete all paperwork.

    Pandora sells its jewelry in over 100 countries and reported revenues of $3.76 billion last year.

    It has 15 stores in Vietnam, mostly in malls in Hanoi and Ho Chi Minh City.

    Another Danish giant, Lego, began building a $1 billion toy factory in Binh Duong in the last quarter of last year.

    The first made-in-Vietnam Lego bricks are set to be launched in the second half of next year.

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  • Prada works with Amazon to nab Chinese counterfeiter

    Prada works with Amazon to nab Chinese counterfeiter

    Prada Group and other luxury retailers collaborated with Amazon’s Counterfeit Crimes Unit (CCU) to provide information to Chinese authorities, resulting in a case against a counterfeit items seller who pleaded guilty.

    “We are firmly committed to eradicating the sale of counterfeit goods to protect our brands and to ensure that our products meet the level of quality, craftsmanship and care that people expect from us,” said Francesca Secondari, general counsel and chief legal officer at Prada Group said.

    Amazon’s CCU detected the attempted counterfeiting back in 2021, followed by an investigation. Amazon provided the evidence to the relevant regional Chinese enforcement agency to lodge a criminal case against the accused.

    The defendant has been sentenced to three years in prison and obliged to pay a $25,000 fine.

    All the counterfeit products found in the defendant’s inventory will be destroyed and revenue from selling such items will be forfeited.

    “The guilty plea is a significant win for Amazon’s CCU, but more importantly it’s a win for all of those who share our commitment to tackling the industry-wide issue of counterfeiting,” said Kebharu Smith, director at Amazon’s CCU.

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  • Skechers granted an injunction against Dockers for alleged patent infringement

    Skechers granted an injunction against Dockers for alleged patent infringement

    In August, Skechers sued nonslip shoemaker Laforst Shoes over the alleged infringement of the slip-in-heel design. These shoe styles were the subject of high-profile Super Bowl ads earlier this year featuring Martha Stewart and Snoop Dogg, and Skechers says it’s sold millions of pairs of the hands-free shoe.

    On October 5, the Düsseldorf Regional Court in Germany found that Dockers had infringed on one of Skechers’ heel pillow designs, per the Skechers release.

    In a news release on the ruling, Skechers President Michael Greenberg said the company would “continue to aggressively police and enforce” its proprietary rights for the sneaker design.

    “While the ruling can be appealed, we are very pleased that the German court in the first instance acknowledged Skechers’ rights and immediately stopped the sale of the offending shoe style throughout the European Union,” Greenberg said. “Skechers invests tremendous resources into product development to introduce fresh, unique, and exciting footwear to its customers year in and year out.

    While Skechers always prefers to compete in the marketplace rather than the courtroom, the Company has no choice but to seek legal recourse when competitors infringe on our intellectual property rights.”

    Skechers’ legal complaint against Laforst is ongoing, though court documents show the parties have engaged in settlement discussions. As of Sept. 26, a judge in the United States District Court Central District of California gave Skechers 30 days to finalize its settlement with Laforst.

    In April, Skechers settled a patent dispute with French luxury brand Hermès over its Massage Fit sole.

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  • The North Face PARKA Celebrates 50 Years of Exploration

    The North Face PARKA Celebrates 50 Years of Exploration

    The year 2023 marks the 50th anniversary of The North Face’s iconic PARKA, inviting explorers to revisit their adventures in the snow and enjoy the view from the summit.

    Born in 1973, The North Face PARKA Collection was created by professional expeditioners after they conducted tests during their excursions in the Brooks Range. In the past 50 years, the PARKA has accompanied explorers as they scaled high peaks and traversed treacherous glaciers, from exploring the Antarctic and reaching the summit of Everest to speeding down the world’s highest skiing descent and much more, becoming their most trusted companion when they need to “Face the North Face”. To celebrate the PARKA’s 50th anniversary, The North Face presents the new Hmlyn Parka and Triclimate Jacket, fusing cutting-edge technology and classic elements, and paying homage to the spirit of exploration.

    Located at the north side of Mount Everest, “the north face” has always been considered one of the toughest and most challenging mountain routes to conquer. With the determination to “Face The North Face”, we hope to encourage explorers to not only challenge themselves on steep mountains, but also to search within and spread their wings when faced with adversity. The North Face is continuously seeking breakthroughs in innovation, striving to create the best gear and accompany more explorers as they overcome their own “north face”.

    As one of The North Face’s most iconic and proven outdoor exploration items, the PARKA is created with meticulous craftsmanship to demonstrate excellent thermal and protective performance, helping countless explorers withstand even the harshest environments. The new 2023 The North Face Hmlyn Down Parka combines the know-how and technology of the past 50 years. Featuring lofty RDS approved 550-fill goose down, Windwall™️ materials with high windproof functions and a DWR water-repellent finish, the jacket provides the ultimate in functionality for explorers to unleash their potential. In a reinvention of the classic, the design features a collision of black and purple gradients that forms a fashionable silhouette, showcasing explorers’ tenacity and never-give-up spirit.

    In addition, The North Face Triclimate Jacket integrates essences of the brand’s most advanced technology. It adopts a recyclable GORE-TEX material with a water-repellent coating, allowing explorers to navigate the ever changing weather. The jacket also features an adjustable three-piece hood, which ensures a warm head and neck. The unique layering system lets explorers mix and match according to the weather. The outer jacket adopts a DWR water-resistant finish to achieve both windproof and waterproof. The 550-fill down feature on the inner jacket also provides explorers with the ultimate heat-retention. The jackets can be layered or worn separately, so explorers can adjust to severe weather conditions with ease. The Triclimate Jacket can provide maximum warmth for explorers in harsh outdoor circumstances, empowering them to push their limits

    Face the North Face, never stop exploring. Be it outdoor adventures or daily urban explorations, The North Face will accompany explorers’ every journey and capture their most memorable moments. The North Face PARKA Collection is now available at The North Face Concept Stores and Exploration Concept Store. The North Face will continue to adhere to the brand spirit of “Never Stop Exploring”, incorporating innovative design elements into classic designs and embarking on new adventures into the unknown.

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  • Uniqlo to open Rome flagship store at the Galleria Alberto Sordi

    Uniqlo to open Rome flagship store at the Galleria Alberto Sordi

    Uniqlo will open its first store in Rome’s Galleria Alberto Sordi on Via del Corso, a key boulevard in the city’s historical heart, in the spring of next year.

    The new store will feature clothing labels for women, men, and children and have a total sales floor area of more than 1300sqm divided across three floors. Following the opening of its first location in Milan’s Piazza Cordusio in September 2019, this will be Uniqlo’s second store in the country.

    “It is an honour for us to open in the capital of Italy, a city with such a strong cultural heritage, and increase our presence in the Italian market with a store in the Galleria Alberto Sordi, an important retail location that first opened 100 years ago,” said Mark Barnatovic, Uniqlo Italy COO.

    “We look forward to offering our Uniqlo LifeWear, apparel that is created from our Japanese values of quality, simplicity, and longevity and helps improve people’s daily lives, to Uniqlo fans and customers in Italy as well as visitors from abroad.”

    Uniqlo has also increased its presence in India, opening its first store in Mumbai in July, bringing the brand’s total store count in the nation to 11.

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  • Tahi seeks to expand into Australian market

    Tahi seeks to expand into Australian market

    New Zealand-based skincare oil brand Tahi is seeking to expand into the Australian market.

    Tahi’s products, which make use of plant extracts found in native New Zealand forests, are currently sold through stockists Blackbird Goods in Hastings, Infinite / Definite in Christchurch Central, and Wander & Sons in Dunedin.

    Tea and Tonic and Matakana also serve as stockists for the skincare brand.

    “I just researched what those plants had been used for in the past by Māori and others and why, and experimented with them myself – how they felt together, how they smelled together, and the mixture of different things that can benefit people’s skin,” said Jackie Lee, founder of Tahi.

    Lee added that she envisions collaborating with experts to develop blends on a more scientific level as she intends to expand the company’s footprint.

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  • Maison Kitsune opens first store in Vietnam

    Maison Kitsune opens first store in Vietnam

    Luxury fashion house Maison Kitsune has opened its first physical presence in Vietnam in conjunction with local distributor Tam Son International.

    The store, located on Trang Tien, one of Hanoi’s busiest streets, combines French and Japanese influences, as well as Vietnamese fine arts and local cultural identity.

    The store features a stone-paved facade and a warm colour tone running throughout, with four interconnected sections divided by wooden walls inspired by wicker art, furniture, and ceiling lighting, trying to commemorate Vietnamese heritage and workmanship.

    According to the firm, Maison Kitsune’s store setting captures the essence of the “Paris – Tokyo meets” lifestyle. Kitsune’s signature is light oak, herringbone floors, and marble counters, which highlight the brand’s minimalist design philosophy.

    Created in 2002 by Gildas Loaëc and Masaya Kuroki, Maison Kitsune offers a variety of brands, including Art de Vivre, integrating a fashion brand (Maison Kitsune), music label (Kitsune Musique), and coffee shops (Cafe Kitsune).

    The company operates in several countries and territories, including Thailand, Hong Kong, Japan, and the United States. In 2021, the brand made its debut in Beijing, China.

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  • H&M launches on Shopee in Singapore and Malaysia

    H&M launches on Shopee in Singapore and Malaysia

    H&M has launched an online store on Shopee in Singapore and Malaysia in preparation for its Super Brand Day.

    H&M’s engagement with e-commerce platform Shopee is part of the company’s continued efforts to digitalize and provide customers with an optimal omnichannel experience, intending to give them a more “flexible and meaningful” shopping experience that matches their changing demands. With H&M’s presence on the platform, more customers can access the brand’s offer of fashion and quality at the best price in a sustainable manner.

    H&M also celebrated its first Super Brand Day on Sunday in Malaysia; another one will be held on Thursday, September 28 in Singapore.

    “With its strong presence in Singapore and Malaysia, Shopee complements and strengthens our existing network of physical stores, digital stores at hm.com, as well as marketplaces,” said Oldouz Mirzaie, MD of H&M South Asia.

    “We see a great opportunity for our brand to grow on this platform and further our vision of democratizing sustainable fashion by meeting our customers where, when, and how they choose.”

    Customers can now shop the whole spectrum of H&M’s fashion offers, including the trendy and bold pieces from the brand’s Fall/Winter collection, in the ladies, divided, mens and kids categories.

  • Boucheron opens giant Ginza flagship store

    Boucheron opens giant Ginza flagship store

    Maison Boucheron has opened its second largest store in the world – in Tokyo’s Ginza shopping district – following on from the launch of the brand’s first in Paris, France.

    ‘From Paris to Tokyo: a cutting-edge and creative journey’ is the brand’s slogan for the new location. Spanning four floors, the store features more than 1000sqm and is designed as a combination of French and Japanese culture. This boutique is described as a bit of Paris in the heart of Japan’s metropolis.

    “Complementary to our strong existing network of 17 boutiques, the opening of our new Ginza flagship – the largest one after our historic boutique 26 Place Vendome – marks a major shift in our Japanese business,” said Helene Poulit-Duquesne, CEO de la Maison.

    “It will undeniably contribute to brand awareness and to the reputation of the Maison in Japan, which we have rigorously built over past years.”

    The architectural patterns of the Jardin d’Hiver are featured on the store facade. According to the brand, this facade is transparent throughout the day, revealing the four floors of the Ginza Boutique. By night, a larger-than-life forest is exhibited on the building’s face, changing by the hour and the four seasons.

    The maison has created an interactive experience called “The Wishing Tree” in conjunction with Random Studio. Every couple will have the option to write their wish in this forest dedicated to marriage, which will be turned into an animation of sounds and light by technology.

    Since 1973, The Maison has continued to strengthen its presence in Japan, with 17 stores in the country, including the new flagship store.

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  • Fashion giant Decjuba plots Asia expansion with first store in Singapore

    Fashion giant Decjuba plots Asia expansion with first store in Singapore

    Fashion retailer Decjuba is working on establishing a physical store in Singapore later next year and expanding into selling menswear and beauty products.

    “We continue to look around the world, and we don’t see another brand doing what we are doing as well as we do it,” said Tania Austin, owner and CEO at Decjuba.

    The upcoming location in Singapore will be Decjuva’s first brick-and-mortar store in Asia. The company decided to set it up after it witnessed growth in its international e-commerce operations, which now share 20 percent of the group’s total sales.

    “I thought for a long time we didn’t need to have physical stores abroad. But every time I go into a good shopping centre I’m like, ‘It is that experience piece that we are seeing consumers come back to.’ They enjoy it. There’s definitely a demand for it,” said Austin.

    Austin said that the opening of the store in Singapore in late 2024 is now Decjuva’s “No 1 focus” for the company’s expansion plans in Asia.

    According to the report, the company will also start selling products under the Decjuba Kids brand in eight new D-luxe concept stores this month.

    In addition, Decjuba has partnered with Melbourne-based menswear brand Mr Simple, to offer its first men’s undergarments, which will be available online and in 15 Decjuba’s larger stores.

    In addition, the company will launch a pop-up store at Melbourne’s Southland shopping centre in October this year. The company will also launch Decjuba Beauty, which will offer 34 beauty products for lips, nails, cheeks and eyes, in the same month.

    Decjuva took 12 months to develop the beauty brand, with the company working with an Australian for some of the products.

    “We are not a beauty retailer or a skin retailer. So this is really about the Grab and Go handbag essentials that you are popping in as an extension of the Decjuba brand,” said Austin.

    Decjuba is in the final stage of construction of its new head office in Cremorne, a suburb in Melbourne, scheduled for opening early next year.

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  • Unilever hires consultants to sell ‘non-core’ beauty portfolio

    Unilever hires consultants to sell ‘non-core’ beauty portfolio

    Unilever has hired Morgan Stanley and Evercore to sell a portfolio of non-core beauty and personal care brands as the company struggles with the impact of inflation.

    The portfolio includes Q-Tips, Impulse, Caress, TIGI, Timotei, Monsavon, St Ives, Zwitsal, Ponds, Brut, Moussel, Alberto Balsam and Matey.

    Two years ago, Unilever hired Credit Suisse to divest Elida Beauty portfolio but later scrapped its plan as other companies cherry-picked brands from the portfolio and did not satisfy the multinational FMCG company’s expectations.

    Now the plan has been revived under the leadership of new CEO Hein Schumacher, who focuses on streamlining the business due to inflation, Reuters said in an exclusive report.

    The report noted that Elida Beauty booked revenue of about $760 million in FY22, according to sources of the newswire.

    Morgan Stanley and Evercore have already reached out to potential buyers to measure interest for the portfolio, which could be a multibillion-dollar deal, the sources said.

  • Miniso to open its first UK ‘Blind Box’ store

    Miniso to open its first UK ‘Blind Box’ store

    Chinese lifestyle brand Miniso will open its first UK “Blind Box” store on Shaftesbury Avenue, London on September 29.

    The new store will offer customers more than 50 blind boxes, capitalizing on the blooming blind box craze. According to Miniso, the new store “represents an exciting new shopping experience”, bringing Miniso’s characteristic sense of choice to the heart of downtown London.

    The new 40sqm store will house Miniso’s co-branded blind box collections with some of the IP owners. Shoppers will find Sanrio, Disney Pixar, Tokidoki, We Bare Bears, Minions, and Winnie the Pooh blind boxes. Miniso’s original products, including plush toys and accessories, will also be available at the store.

    “Our first blind box store marks a major milestone for Miniso,” said Saad Usman, COO of Miniso UK.

    “The unknown element of blind boxes adds mystery and excitement to the shopping experience, and we’re delighted to bring this special store to London. Blind boxes are now a major part of our global strategy, and this new store marks the latest development as we move forward with our global expansion.”

    Launching Miniso’s first “Blind Box” store is the latest step in the brand’s ongoing global expansion plan as it strives to become a global lifestyle super-brand. The company has around 5800 outlets worldwide, with more than 20 of them located in the UK, including London, Manchester, Nottingham, Belfast, and others.